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Sector Update: Health Care
Mar 21, 2024 8:36 PM
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US Equity Indexes Rise in Choppy Trading Ahead of Fed's Policy Move, Guidance on Easing Path
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US Equity Indexes Rise in Choppy Trading Ahead of Fed's Policy Move, Guidance on Easing Path
Sep 23, 2024
01:30 PM EDT, 09/18/2024 (MT Newswires) -- US equity indexes advanced in choppy trading and volatility jumped ahead of the Federal Reserve's monetary policy announcements later on Wednesday. The S&P 500 index rose 0.1% to 5,640.2, with the Nasdaq Composite up 0.1% to 17,644.2 and the Dow Jones Industrial Average 0.1% higher at 41,645.49 in midday trading Wednesday. Energy led...
Sector Update: Energy Stocks Rise in Wednesday Afternoon Trading
Sep 23, 2024
01:42 PM EDT, 09/18/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) rising 0.6%. The Philadelphia Oil Service Sector index was posting a 0.4% decline, and the Dow Jones US Utilities index was shedding 0.4%. US crude oil stocks, including those in the...
Update: Gold Rises as Federal Reserve Readies to Cut Interest Rates for First Time in Four Years
Sep 23, 2024
01:45 PM EDT, 09/18/2024 (MT Newswires) -- (Updates prices.) Gold edged higher midafternoon on Wednesday as the dollar steadied ahead of this afternoon's expected first cut to U.S. interest rates since 2020. Gold for December delivery was last seen up US$7.0 to US$2,599.40 per ounce. The Federal Reserve's policy committee will end its two-day meeting at 2:00 pm Eastern time,...
Sector Update: Health Care
Sep 23, 2024
01:32 PM EDT, 09/18/2024 (MT Newswires) -- Health care stocks were edging higher Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising 0.2%. The iShares Biotechnology ETF (IBB) shed 0.2%. In corporate news, Organon (OGN) on Wednesday agreed to buy Roivant Sciences' ( ROIV ) immuno-dermatology subsidiary Dermavant in a...
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