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As concerns about Gilead Sciences (GILD) mount, Maxim’s Jason Kolbert are bullish on the biotech giant’s HIV franchise but not enough to change his Hold rating on the stock:

Associated Press

We recently spoke with GILD management about the launch of Genvoya and other HIV products. Our model now factors in our forecast for patient switch trends from other Gilead products....More>>>

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U.S. stocks fell on Wednesday, slumping in a broad decline as the markets multiweek rallywhich has taken indexes to repeated records and the Dow within mere points of the 20,000 milestonestalled.

All 11 of the S&P 500s primary sectors ended lower on the day, while the benchmark index itself suffered its biggest one-day point and percentage drop since October. Financials and materials,....More>>>