The vote by the U.S. Senate Finance Committee paves the way for the full Senate to vote to confirm him as secretary of the U.S. Department of Health and Human Services as soon as this week. Kennedy, who has faced opposition from health groups and Democrats, has long sown doubts about the safety and efficacy of vaccines that have helped curb disease and prevent deaths for decades.
U.S. equities rose at midday, lifted by tech shares that sent the Nasdaq more than 1% higher.
FOX shares surged Tuesday after the media giant reported better-than-expected quarterly results and announced on its earnings call that it plans to launch a streaming service by the end of the year.
Estée Lauder shares tumbled 17% Tuesday after the cosmetics giant reported a surprise loss and warned about current-quarter results as sales declined.
U.S. job openings fell in December, a sign that the labor market is cooling but still healthy. Openings fell to 7.6 million, from 8.2 million in November, the Labor Department reported Tuesday. The number of layoffs fell, suggesting that Americans enjoy unusual job security.
Merck shares tumbled Tuesday morning after the drugmaker's soft outlook outweighed fourth-quarter revenue and adjusted profits topping expectations.
An eleventh-hour deal achieved President Trump's political aims, but Wall Street remains concerned that tariffs will become a permanent threat in negotiations.
Cable news and media network Fox (NASDAQ:FOXA) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.9% year on year to $5.08 billion. Its non-GAAP profit of $0.96 per share was 50.2% above analysts’ consensus estimates.
Spotify shares are jumping almost 10% in premarket trading Tuesday, after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that beat estimates.
