12:24 PM EDT, 06/13/2024 (MT Newswires) -- US equity indexes traded mixed while government bond yields fell by midday on Thursday after the wholesale price inflation rate unexpectedly declined. The Dow Jones Industrial Average slid 0.7% to 38,446.1, with the S&P 500 down 0.2% to 5,411.2. The Nasdaq Composite, however, rose less than 0.1% to 17,615.5. While down, the Nasdaq...

12:03 PM EDT, 06/13/2024 (MT Newswires) -- The major US stock indexes were mostly flat in late-morning trading Thursday, as investors weighed the Federal Reserve's most-recent decision to hold interest rates steady as well as the latest round of inflation data that hinted that price pressures may be easing. In company news, Tesla (TSLA) Chief Executive Elon Musk said proposals...

Shares of Cara Therapeutics Inc ( CARA ) tanked in early trading on Thursday, with the Dow shedding more than 100 points. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Joseph Stringer downgraded the rating on the stock from Buy to Hold. HC Wainwright analyst Oren Livnat downgraded the...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * May PPI falls unexpectedly, weekly jobless claims at 10-month high * Broadcom ( AVGO ) soars after FY forecast raise on AI chips strength * Tesla up as Musk says shareholders to approve his $56 bln pay package *...