Why is argenx stock plunging today?

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The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Each task force will co-led by three external advisors, will operate independently and will be supported by Fed staff, the Federal Reserve said in a Thursday (July 9) press release. “The goal is…

Treasury yields rose on Friday, after initially falling following an unexpectedly weak September jobs report likely put the brakes on a Federal Reserve rate hike in October. The benchmark 10-year Treasury yield rose 2 basis points to 5.26%. Earlier this week, the yield reached its highest levels since 2002. The 30-year Treasury yield added 1…

The Securities and Exchange Commission today proposed Regulation E-Delivery, a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws.  Regulation E-Delivery would make information more readily accessible and useful for investors and others while preserving the ability…

Three suspects have been arrested in Cyprus over an alleged crypto investment fraud network targeting investors in Belgium and the Netherlands, according to the Cyprus Mail. The operation was coordinated with support from Europol. Authorities say the group operated a professional call center-style business that used fake celebrity endorsements, social engineering and remote-access software to…

Pending home sales edged higher in August as gains in the South and West offset declines in the Northeast and Midwest. The National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which tracks signed contracts on existing homes, increased 0.3% from July but was down 4.7% from a year earlier. The modest increase came…