Market Movers, July.11

7:24am, Dow futures up 83 points following positive comments from Jerome Powell regarding potential rate cut

FSRX announced today “that its wholly owned subsidiary, Eye-Net Mobile Ltd.,will conduct in Israel a large-scale trial of its Eye-Net™cellular-based accident prevention solution for the first time”. Up 18% on 358,289 shared traded as of 7:31am. Read more

OPEC sees demand shrinking in 2020 due to surplus, Reuters reports

 9:09am, Cigna Corp up 10% on 166,587 shares traded after “Trump administration withdraws proposal to end drug rebates”, Politico reports, Read more at thefly.com

Omeros opens up 8% on 15,589 shares traded after announcing agreement with FDA on primary endpoint for narsoplimab trial, thefly.com reports

CODX up 80% in the open on 15 million shares traded after announcing “the product launch of their Vector Smart™ NAM test, used to identify the presence of West Nile virus,  St. Louis encephalitis, and western equine encephalitis in mosquito populations”. Link

Powell scheduled to appear before the Senate Banking Committee at 10 a.m. The next meeting of the Federal Open Market Committee is set to begin July.30th.

CVS also up after Trump rebate announcement, Read more  Directors also approved a quarterly dividend of $0.50 yesterday

SOLY would have made a great trade, or at least something to watch. Currently up 17% on 2,356,867 shares traded as of 11:08am

Dow rallies 200 points, breaks record breaching 27 000, CNBC reports

Stay tuned for updates!

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