July 01, 2013 at 08:58 AM EDT
Stock Futures Steer Higher; Onyx Rejects Amgen Bid, Surges
The stock market today leaned toward a positive open, with Europe's markets trading higher and drug makers dominating most of the early action. Dow futures were up 74 points. S&P 500 futures were 7.5 points higher and Nasdaq 100 futures were ahead 20.5 points. All were on the uptick. In stocks, Onyx Pharmaceuticals (ONXX) rocketed higher after confirming it had rejected a $120 per share takeover bid from Amgen (AMGN). Onyx's board said the
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