Dec 11 (Reuters) - The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump's presidency and bets on AI-fueled earnings growth in the coming quarters. The tech-heavy index rose 1.6% to an all-time high of 20001.42 points. It has jumped more than 33%...

(Reuters) - Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a bipartisan group of lawmakers was set to introduce legislation to break up pharmacy-benefit managers. The Senate bill, sponsored by U.S. Senators Elizabeth Warren and Josh Hawley, will force companies that own health insurers or pharmacy-benefit managers to...

12:35 PM EST, 12/11/2024 (MT Newswires) -- US equity indexes advanced, with the Nasdaq Composite scaling a new intraday record high after November's in-line inflation print showed glimpses of weakness in stickier areas. The S&P 500 rose 0.9% to 6,088.8, with the Nasdaq Composite up 1.7% to 20,030.2 and the Dow Jones Industrial Average less than 0.1% higher at 44,275.3...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * November CPI at 2.7% YoY, in line with estimates * GameStop ( GME ) rises after reporting Q3 profit * Broadcom ( AVGO ) gains after report Apple ( AAPL ) working on AI chip with co * Indexes...