03:48 PM EDT, 07/24/2024 (MT Newswires) -- US benchmark equity indexes were on track to close lower Wednesday, with the Nasdaq Composite and the S&P 500 weighed down by post-earnings selloffs in Tesla (TSLA) and Alphabet (GOOG, GOOGL) shares. The technology-heavy Nasdaq was down 3.3% at 17,413.7, while the S&P 500 slid 2.1% to 5,442.1. The Dow Jones Industrial Average...

03:55 PM EDT, 07/24/2024 (MT Newswires) -- Health care stocks were rising late Wednesday afternoon, with the NYSE Health Care Index adding 0.6% and the Health Care Select Sector SPDR Fund (XLV) up 0.9%. The iShares Biotechnology ETF (IBB) advanced 0.4%. In corporate news, Bausch Health ( BHC ) on Wednesday denied a Reorg report it's considering a bankruptcy or...

03:57 PM EDT, 07/24/2024 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 4%. In corporate news, T-Mobile US ( TMUS ) said Wednesday it has agreed to form a joint venture with KKR (KKR) that will buy...

03:50 PM EDT, 07/24/2024 (MT Newswires) -- Tech stocks were sharply lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 4.1% and the SPDR S&P Semiconductor ETF (XSD) falling 3.9%. The Philadelphia Semiconductor index retreated 4.8%. In corporate news, Microsoft ( MSFT ) is unlikely to limit CrowdStrike's ( CRWD ) access to its Windows operating...