02:06 PM EST, 01/15/2025 (MT Newswires) -- Health care stocks advanced Wednesday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%. The iShares Biotechnology ETF (IBB) rose 1.5%. In sector news, the US government is restricting exports of biotechnology equipment and related technology to China over national security concerns,...

02:26 PM EST, 01/15/2025 (MT Newswires) -- US benchmark equity indexes rallied intraday, while Treasury yields plunged as markets evaluated the latest consumer inflation report and earnings from major banks. The Nasdaq Composite was up 2.3% at 19,475.5 after midday Wednesday, while the S&P 500 rose 1.8% to 5,944.6. The Dow Jones Industrial Average advanced 1.7% to 43,223.6. All sectors...

01:56 PM EST, 01/15/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.1%. The Philadelphia Semiconductor index added 2.3%. In corporate news, Microsoft ( MSFT ) shares rose 2.5%. The company launched Microsoft ( MSFT ) 365 Copilot Chat that adds...

OIL FUTURES EXTEND GAINS, U.S. CRUDE PRICES RISE TO HIGHEST SINCE JULY 2024, BRENT CRUDE UP BY $2 A BARREL ...