Niket Nishant

Nvidia-backed Iambic Therapeutics, which uses AI to develop drugs, ‌is aiming to raise up to $159.4 million in its US IPO, as the biotech sector emerges as a bright spot in an otherwise lackluster market.

French markets are under growing pressure from mounting worries about high debt levels and political gridlock as next year's presidential election nears.

French markets are under growing pressure from worries about high debt levels and political gridlock as next year's presidential election looms large.

Wall Street closed a volatile week on a muted note ​on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed earlier gains but remained above $100 per barrel, keeping inflation worries ‌front and center.

U.S. stocks ended down on Thursday after producer price data for August ​and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made ‌stocks less attractive.

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle ​East lifted oil prices and investors awaited inflation data that could affect the chance of an interest rate hike.

Wall Street dipped ​on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest ‌rate at this month's monetary policy meeting.

Wall Street rallied on Thursday as investors ​curbed their rate hike bets after U.S. Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target ‌rate steady if data shows inflationary pressures are abating.

U.S. stock index futures slipped on Tuesday, extending a ​weak run as elevated bond yields and higher oil prices kept investors at bay at the ‌start of a historically weak month for equities.

Wall Street futures edged lower on Monday after military clashes between the U.S. ​and Iran drove up oil prices, stoking inflation fears as the interest-rate outlook turns more hawkish.