The 2 Nasdaq Biotech Stocks to Watch Thursday

Thursday morning brought modest pullbacks in most major stock indexes, as market participants turn their attention to economic data over the next couple of days to guide their longer-term strategies. As of 8:15 a.m. ET, futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 54 points to 16,338, giving back just a small portion of the index's advance since early Monday. Biotech stocks have been a key driver of the Nasdaq's advance over the past year and a half.