US stocks rose in early trading on Wall Street, while European stock markets also posted gains. The FTSE 100 index pared earlier losses and was only down 0.1% at 10,474, a loss of 15 points.
AstraZeneca Shares Tumble After Drug Trial Failure
AstraZeneca remained the main loser, with shares tumbling 7.4% after the failure of a heart disease drug in a late-stage trial. The decline weighed on the UK index, but other sectors helped offset the loss.
Oil Prices See-Saw, Brent Crude Down 1%
Oil prices see-sawed during the session, with Brent crude trading 1% lower at $77.25 a barrel. The volatility reflected ongoing market uncertainty over global demand and supply dynamics.
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