MARKET PULSE-Intercept Pharma, Clean Diesel, Sangamo Biosciences

Thu Jan 9, 2014 11:51am EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks dipped on Thursday, weighed by Exxon Mobil and retailers, as an earlier boost from upbeat labor market data lost steam. Dow Jones industrial average futures were down 0.47 percent at 16,330, S&P 500 futures were down 0.26 percent at 1,827.8 and Nasdaq 100 futures were down 0.58 percent at 3,544.

** INTERCEPT PHARMACEUTICALS INC, $274.766, +279.56 pct

The company said an analysis by an independent safety committee showed that its liver disease drug met the main goal of a mid-stage trial.

** EXXONMOBIL, $99.75, -0.98 pct

The long-term future of fields that produce about half Abu Dhabi's oil remains unclear with only one day of a 75-year partnership with western oil companies left to run. Some of the world's largest energy companies, including ExxonMobil, have been pumping crude from the Abu Dhabi desert for decades, taking payment in oil.

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