Amy Scott
π€ SpeakerAppearances Over Time
Podcast Appearances
But first, let's do the numbers.
The Dow Jones Industrial Average found 20 points, pretty much flat, to close at 50,135.
The Nasdaq picked up 207.9% to finish at 23,238.
And the S&P 500 climbed 32 points, almost half a percent, to end at 69.64.
The shares in telehealth company Hims and Hers Health plummeted 16% today after its plans to sell a copycat GLP-1 weight loss drug unraveled.
On Friday, the FDA signaled it took a dim view of the knockoff.
On Saturday, HIMSS pulled its plan to offer it.
Then today, the company got hit with a patent infringement lawsuit filed by Novo Nordisk.
The Danish drugmaker perked up 5.25%.
Bonds rose.
The yield on the 10-year T-note fell to 4.20%.
You're listening to Marketplace.
This is Marketplace.
I'm Amy Scott.
Remember that big Hollywood strike more than two years ago now, when both writers and actors walked off the job and productions pretty much ground to a halt?
The industry is still recovering, and yet film and TV actors and producers were back in the negotiating table today to hammer out a new labor contract.
Many of the key issues are the sameβthe rise of artificial intelligence and how streaming has changed the businessβ
But the landscape in which these talks take place is different.
Marketplace's Nova Saffo has the story.
Ever shelled out a bunch of money for a tool or a piece of equipment that you might need around the house just occasionally?