July 17th – July 23rd 2017 In general news, voice of the establishment opposition to Trump, GOP Senator John McCain, LUNAREPIC FLYKNIT was diagnosed with deadly glioblastoma brain cancer. The White House made more changes, Fjallraven Kanken Classic ousting Sean Spicer. Meanwhile, the stock markets reached new record highs and wage growth is starting to happen. In sports, Jordan Spieth won the British Open.
In healthcare business news, the senate bill to replace Obamacare died. Also, earnings season began with JNJ posted disappointing earnings.
On the data front, Vertex (VRTX) shot up 30% on data from its cystic fibrosis drug VX-440 600 as a triple-drug-combo with existing Kalydeco and Orkambi. From the FDA,