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Gilead SciencesCNBC
•83% Informative
The S&P 500 briefly passed the 5,500 mark for the first time before ending the session lower.
Gilead Sciences' shares surged 7% after the company announced its experimental HIV prevention medicine demonstrated 100% effectiveness in a late-stage trial.
Anthropic unveiled Claude 3.5 Sonnet, its most advanced AI model to date.
Japan's Nikkei 225 fell slightly, while the Topix rose after inflation data came in cooler than expected.
JP Morgan believes the bull run has been driven by less short selling in major averages.
With markets feeling extended, short sellers could make a return.
Short interest has been declining in a steady manner since the second quarter of 2023 making successive record lows, strategists say.
VR Score
89
Informative language
90
Neutral language
42
Article tone
formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
25
Source diversity
1
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