01:32 PM EDT, 07/09/2024 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.1%. The Philadelphia Oil Service Sector index was posting a 0.4% decline, while the Dow Jones US Utilities index was adding 0.9%. Front-month West Texas Intermediate crude oil was falling...

By Ankika Biswas (Reuters) - The gap in returns between the S&P 500 and the index's equal-weighted counterpart is at its widest in 15 years, underscoring the need to diversify beyond AI heavyweights such as Nvidia ( NVDA ). The S&P 500 is at record levels mostly due to a handful of megacap stocks such as Microsoft ( MSFT )...

01:40 PM EDT, 07/09/2024 (MT Newswires) -- Tech stocks were declining Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) falling 1%. The Philadelphia Semiconductor index was shedding 0.6%. In corporate news, UiPath ( PATH ) shares dropped 6.8% after the company said Tuesday that it will cut about 10%...

01:33 PM EDT, 07/09/2024 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 1.3%. The Philadelphia Housing Index was adding 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.2%. Bitcoin (BTC-USD) was increasing 1.5% to $57,521, and the...