03:35 PM EDT, 09/19/2024 (MT Newswires) -- Tech stocks were sharply higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 3% and the SPDR S&P Semiconductor ETF (XSD) spiking 3.5%. The Philadelphia Semiconductor index jumped 4.2%. In corporate news, FactSet Research Systems ( FDS ) shares popped 4.3% after reporting higher fiscal Q4 earnings and revenue,...

* Dow also posts record closing high * BofA expects Fed to go for 75-bp cut in Q4 * US big banks rise after Fed's rate cut (Updates to close) By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates...

* U.S. jobless claims drop to four-month low * U.S. existing home sales fall * U.S. yield curve bear-steepens * U.S. 10-year TIPS auction shows solid demand (Adds new comment, bullets, outcome of 10-year TIPS auction) By Matt Tracy WASHINGTON, Sept 19 (Reuters) - U.S. Treasury yields advanced on Thursday, in line with gains in stocks, as better-than-expected jobless claims...

03:59 PM EDT, 09/19/2024 (MT Newswires) -- Tech stocks were sharply higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 3% and the SPDR S&P Semiconductor ETF (XSD) adding 4.5%. The Philadelphia Semiconductor index jumped 4.5%. In corporate news, FactSet Research Systems ( FDS ) shares popped 4.5% after reporting higher fiscal Q4 earnings and revenue,...