04:05 PM EDT, 07/08/2024 (MT Newswires) -- US equity indexes ended mixed Monday as investors analyzed a survey of consumers' inflation expectations and awaited official consumer price index data for June, scheduled to be released later this week.
* US consumers' inflation expectations in June fell at the short- and longer-term horizons, but rose slightly at the medium-term horizon, according to a survey by the Federal Reserve Bank of New York.
* Official data are likely to show Thursday that consumer inflation in the US rose 0.1% sequentially and 3.1% annually last month, according to a Bloomberg-compiled consensus.
* August West Texas Intermediate crude oil fell $0.93 to $82.23 per barrel, while August Brent crude, the global benchmark, was last seen down $0.89 at $85.65.
* Morphic ( MORF ) shares jumped 75% after Eli Lilly ( LLY ) agreed to buy the biopharmaceutical company for roughly $3.2 billion.
* HilleVax ( HLVX ) shares sank more than 88% after the company said that the phase 2 study of its experimental vaccine, HIL-214, didn't meet its primary endpoint of efficacy against moderate or severe acute gastroenteritis in infants about five months of age.