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Biden's Market: Baidu Soars, Rubico Surges, Outlook Therapeutics Drops Amid First Trading Day of 2026
ByAinvest
Friday, Jan 2, 2026 5:27 am ET1min read
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US stock futures rose on the first trading day of 2026, with the Dow Jones up 0.37%, S&P 500 up 0.62%, and Nasdaq 100 up 1.08%. Baidu Inc. shares jumped 12.20%, while Rubico Inc. surged 16.82%. Outlook Therapeutics Inc. tumbled 56.52% after the FDA issued a complete response letter to the company's biologics license application resubmission. The 10-year Treasury bond yielded 4.15%, and the two-year bond was at 3.46%.
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