03:56 PM EDT, 06/05/2024 (MT Newswires) -- Health care stocks were rising late Wednesday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.4%. The iShares Biotechnology ETF (IBB) climbed 1.0%. In corporate news, Rezolute ( RZLT ) shares soared 20% as Craig-Hallum started coverage of the biopharmaceutical company with a...

04:06 PM EDT, 06/05/2024 (MT Newswires) -- US benchmark equity indexes closed higher Wednesday as markets analyzed the latest macroeconomic data, including a report showing that employment gains in the private sector slowed more than expected in May. * Private employment in the US increased by 152,000 last month, slowing from April's downwardly revised 188,000, Automatic Data Processing ( ADP...

03:53 PM EDT, 06/05/2024 (MT Newswires) -- Tech stocks gained late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) climbing 2% and the SPDR S&P Semiconductor ETF (XSD) jumping 3.4%. The Philadelphia Semiconductor index surged 4%. In corporate news, Guidewire Software ( GWRE ) shares gained past 18% after several analysts boosted price targets on the stock, a...

* Private payrolls data slows in May * CrowdStrike ( CRWD ) gains after strong Q2 forecast * HPE climbs after upbeat revenue forecasts (Updates to 4 p.m. EDT) By Chibuike Oguh NEW YORK, June 5 (Reuters) - The S&P 500 and Nasdaq indexes closed at record highs on Wednesday, powered mainly by technology stocks as markets digested economic data...