Sector Update: Health Care-March 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Health Care

Mar 22, 2024 6:10 AM

08:53 AM EDT, 03/22/2024 (MT Newswires) -- Health care stocks were steady pre-bell Friday, with the iShares Biotechnology ETF (IBB) unchanged and the Health Care Select Sector SPDR Fund (XLV) marginally lower recently.

Eton Pharmaceuticals ( ETON ) was up more than 11% after saying it acquired the US rights to Relief Therapeutics' medical formula product PKU GOLIKE for the dietary management of phenylketonuria.

Previous page： Equity Markets Extend Record Closing Runs Next page： Nike expects first half of fiscal 2025 to be pressured as it cuts supply of key products

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Equity Markets Extend Record Closing Runs

Mar 21, 2024

05:14 PM EDT, 03/21/2024 (MT Newswires) -- US benchmark equity indexes rose Thursday, stretching their record closing runs from the day before when the Federal Reserve maintained its expectations for three rate cuts this year. The Dow Jones Industrial Average advanced 0.7% to 39,781.4, while the S&P 500 added 0.3% to 5,241.5. The Nasdaq Composite gained 0.2% to end at...

Nike expects first half of fiscal 2025 to be pressured as it cuts supply of key products

Mar 21, 2024

March 21 (Reuters) - Nike ( NKE ) warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world's largest sportswear maker scales back on franchises to save costs. Nike's ( NKE ) warning came after the stock market closed, and shares were down 5.6% in extended trading....

Sector Update: Financial

Mar 21, 2024

03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...

Nike warns of revenue dip as it cuts back on key products

Mar 21, 2024

(Reuters) -Nike ( NKE ) warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world's largest sportswear maker scales back on franchises to save costs. Nike's ( NKE ) warning came after the stock market closed, and shares were down about 6% in extended trading. Executives acknowledged...