08:48 AM EDT, 08/15/2024 (MT Newswires) -- Health care stocks were edging higher premarket Thursday with the Health Care Select Sector SPDR Fund (XLV) up 0.5% and the iShares Biotechnology ETF (IBB) recently inactive. Incyte ( INCY ) and Syndax Pharmaceuticals ( SNDX ) said the US Food and Drug Administration has approved niktimvo to treat chronic graft-versus-host disease. Shares...

08:50 AM EDT, 08/15/2024 (MT Newswires) -- Consumer stocks rose pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund (XLP) and The Consumer Discretionary Select Sector SPDR Fund (XLY) up 1.2%. Walmart ( WMT ) shares were up over 8% after the company posted higher fiscal Q2 revenue and raised its fiscal 2025 adjusted earnings guidance. ...

Aug 15 (Reuters) - U.S. stock index futures extended gains on Thursday as retail sales data for July indicated resilient consumer spending, allaying fears of an imminent recession in the world's biggest economy. A Commerce Department report showed retail sales rose 1% in July, compared with 0.3 growth expected by economists polled by Reuters. Separately, a Labor Department report showed...

08:44 AM EDT, 08/15/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 1.1% and the SPDR S&P Semiconductor ETF (XSD) 2.3% higher recently. Cisco Systems ( CSCO ) shares rose past 8% after it reported a slower-than-anticipated decline in fiscal Q4 earnings and sales, and outlined a restructuring program. ...