What: Shares of Xencor (NASDAQ:XNCR), a clinical-stage biopharmaceutical focused primarily on autoimmune diseases and cancer, are up more than 35% as of 3:20 p.m.
Before we all go raising alarms though, remember: many of the economic fundamentals in the American economy are strong. Still, there have been signs of economic uncertainty.
This Tuesday, May 24, 2016, photo shows a home for sale in Andover, Mass. On Tuesday, June 28, 2016, the Standard & Poor's/Case-Shiller 20-city home price index for April is released.
Shoppers in Queens, N.Y. Retail sales and home sales rose in April and May, two hopeful signs for the economy. Credit Mark Kauzlarich/Bloomberg.
At a news conference,Consumer Product Safety Commission officials demonstrated the tip-over threat of a chest of drawers popular at Ikea.