01:53 PM EST, 12/05/2024 (MT Newswires) -- Tech stocks were declining Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the SPDR S&P Semiconductor ETF (XSD) falling 1.2%. The Philadelphia Semiconductor index dropped 1.8%. In corporate news, Synopsys ( SNPS ) shares tumbled 12% as it issued a downbeat full-year revenue outlook despite reporting fiscal Q4...

01:53 PM EST, 12/05/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday as markets evaluated the latest labor market data ahead of the official November jobs report due Friday. The Nasdaq Composite was up 0.2% at 19,775.4 after midday Thursday, while the S&P 500 rose 0.1% to 6,091.8. The Dow Jones Industrial Average fell 0.2% to 44,907.6. Among...

01:58 PM EST, 12/05/2024 (MT Newswires) -- Health care stocks fell Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 1%. The iShares Biotechnology ETF (IBB) was down 0.9%. In corporate news, Protara Therapeutics ( TARA ) shares surged 85% after the company said its investigational therapy TARA-002 showed a...

01:54 PM EST, 12/05/2024 (MT Newswires) -- SRM Entertainment ( SRM ) said Thursday that it entered into a securities purchase agreement with an institutional investor to purchase about $1.7 million of its common shares in a registered direct offering at a purchase price of $0.7385 per share. Shares slumped almost 30%, with intraday trading volume at over 5.7 million...