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Investors are scrutinizing the prospects for some drugs in the pipeline following a string of recent rejections from the U.S. Food and Drug Administration.

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While regional sales will be impacted, the closing of the Strait of Hormuz and rising oil prices will have ripple effects across the global automotive industry.

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A closely watched barometer for used vehicle pricing jumped last month as dealers sped to increase inventories amid optimism of a robust spring selling season.

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United CEO Scott Kirby said demand remains high but that fuel prices will hit first-quarter results.

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Gap has been on a steady upswing of growth but saw worse than expected results during its holiday quarter after historic winter storms led to store closures.

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