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Stock impact report

Wall Street ekes out gains to close languid week [Reuters]

Biogen Inc. (BIIB) 
Last biogen inc. earnings: 4/22 07:12 am Check Earnings Report
US:NASDAQ Investor Relations: biogen.com/en_us/investors.html
Company Research Source: Reuters
over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected. The Nasdaq gained the most among the three major indexes, while the bellwether S&P 500 squeaked its way to a second straight record closing high. For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a small weekly loss. The indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave. “It's a muted day today,” Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. “The summer is settling in, people are slipping out of work early and there's nothing in the news that's going to materially drive the market in either direction.” “So, investors are going to wait until earnings season.” The Federal Reserve has repeatedly said that near-term Show less Read more
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