01:46 PM EDT, 06/02/2025 (MT Newswires) -- US equity indexes were mixed while most government bond yields rose after midday Monday as investor sentiment turned downbeat after China, the European Union, and Canada responded to President Donald Trump's plan announced Friday to double tariffs on steel and aluminum effective Wednesday. The Dow Jones Industrial Average fell 0.5% to 42,065.5, while...

02:10 PM EDT, 06/02/2025 (MT Newswires) -- Lyra Therapeutics ( LYRA ) said Monday that a phase 3 trial of LYR-210 bioabsorbable nasal implant met its primary and key secondary endpoints in patients with chronic rhinosinusitis. Shares catapulted 420% as intraday trading volume soared to over 24.7 million from a daily average of about 69,000. Vera Therapeutics ( VERA )...

02:10 PM EDT, 06/02/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each down 0.4%. The iShares Biotechnology ETF (IBB) rose 1.4%. In corporate news, Sanofi ( SNY ) agreed to buy biopharmaceutical company Blueprint Medicines ( BPMC ) in a deal worth up...

02:01 PM EDT, 06/02/2025 (MT Newswires) -- (Updates prices.) Gold was sharply higher mid-afternoon on Monday, supported by a weaker dollar amid further U.S. tariff hikes and rising safe-haven demand. Gold for August delivery was last seen up US$83.00 to US$3.398.40 per ounce. The rise follows on heightened geopolitical tensions after Ukraine over the weekend launched widespread drone attacks on...