U.S. stock futures fell on Monday following Friday’s sharp declines. This comes as a drone strike triggered a fire near the UAE’s Barakah nuclear power plant.UAE officials confirmed no radiation leak or injuries occurred, Reuters reported. Earlier last week, President Donald Trump took to Truth Social and said that Iran must act “FAST, or there won’t be anything left of them.” Meanwhile, the 10-year Treasury bond yielded 4.08, and the two-year bond was at 4.60%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.IndexPerformance (+/-)Dow Jones-0.62%S&P 500-0.31%Nasdaq 100-0.08%Russell 2000-0.32%Stocks In FocusRegeneron Pharmaceuticals
Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) tumbled 11.92% in premarket on Monday after its Phase 3 trials for metastatic melanoma did not achieve statistical significance.
Benzinga’s Edge Stock Rankings indicate that REGN maintains a strong price trend in the long term, but a weak trend in the short and medium terms, with a moderate quality ranking.
UnitedHealth Group
Benzinga’s Edge Stock Rankings indicate that UNH maintains a strong price trend in the long, medium, and short terms, with a poor growth score.
