Bloomberg Biotechnology stocks have helped lead the market lower recently, but investors still appear eager to dabble in some of the industry’s riskiest prospects. Since hitting a 52-week high on October 1, the Nasdaq Biotechnology Index, the broadest gauge of the industry’s performance, has fallen more than 6.5 percent. Fears that higher interest rates and heightened global trade tensions could ...

Bloomberg An increase in Italy’s bond yield spread is a risk for domestic banks and is adding to tensions in the financial system, according to Cabinet Undersecretary Giancarlo Giorgetti. “The spread is a risk for banks, which we can’t ignore,” the top official of coalition partner the League said in an interview with daily Il Messaggero published on Sunday. The ...

Bloomberg The euro could revisit its year-to-date low as persistent political risks may lead Mario Draghi to refrain this week from painting a rosier picture for the bloc’s economy. Market dynamics have shifted only slightly since the European Central Bank’s last meeting, yet not in a supportive way for the common currency. Data may be suggesting the forecasts for growth ...