Biden health officials are expected to reveal the initial list before the stock market opens Tuesday morning, because the impact on publicly traded companies that make any drugs on the list could affect their stock prices during trading. The White House is then set to tout the program on Tuesday afternoon. The White House gathering, billed as an event on “lowering health care costs,” is scheduled for 2 p.m., according to an invite obtained by POLITICO. A White House official confirmed the event will be held next week. The White...
Stock prices in London rose at the open on Wednesday, as investors awaited Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday.The FTSE 100 index opened up 21.63 points, 0.3%, at 7,292.39. The FTSE 250 was up 76.25 points, 0.4%, at 18,100.51, and the AIM All-Share was up 1.14 points, 0.2%, at 733.32. The Cboe UK 100 was up 0.2% at 726.65, the Cboe UK 250 was up 0.4% at 15,871.53, and the Cboe Small Companies was down 0.1% at 13,373.06. In European equities on Wednesday, the CAC...