03:36 PM EDT, 08/05/2024 (MT Newswires) -- Health care stocks fell late Monday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both dropping 2.8%. The iShares Biotechnology ETF (IBB) fell 2.8%. In corporate news, BioNTech (BNTX) reported a wider-than-expected loss in Q2 as global sales of the German drugmaker's COVID-19 vaccine fell...

03:46 PM EDT, 08/05/2024 (MT Newswires) -- Energy stocks were lower late Monday afternoon, with the NYSE Energy Sector Index falling 1.9% and the Energy Select Sector SPDR Fund (XLE) dropping 2.4%. The Philadelphia Oil Service Sector index retreated 4.1%, and the Dow Jones US Utilities index slumped 2.5%. Front-month West Texas Intermediate crude oil slid 0.2% to $73.41 a...

03:48 PM EDT, 08/05/2024 (MT Newswires) -- Financial stocks declined in late Monday afternoon trading with the NYSE Financial Index falling 2.7% and the Financial Select Sector SPDR Fund (XLF) dropping 2.9%. The Philadelphia Housing Index fell 2.8%, and the Real Estate Select Sector SPDR Fund (XLRE) slumped 2.4%. Bitcoin (BTC-USD) tumbled 9.2% to $52,784, and the yield for 10-year...

(Reuters) -U.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-haven assets. The S&P 500 Banks Index, tracking a basket of large-cap bank stocks, was last down 2.4%, while the KBW Regional Banking Index fell 3.1%. Citigroup ( C/PN ) led big...