01:21 PM EDT, 05/14/2025 (MT Newswires) -- Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.7%. The Philadelphia Oil Service Sector index rose 0.1%, and the Dow Jones US Utilities index shed 1%. US crude oil stocks, including those in the Strategic Petroleum Reserve, rose...

01:44 PM EDT, 05/14/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%. In corporate news, Tesla's (TSLA) board has formed a special committee to review Elon Musk's compensation and explore alternative ways to reward him for past...

01:44 PM EDT, 05/14/2025 (MT Newswires) -- Incannex Healthcare ( IXHL ) said Wednesday it completed patient dosing in the phase 2 portion of its phase 2/3 study of IHL-42X in obstructive sleep apnea. The company also said it expects to conclude end-of-study follow-up assessments by May 17, with topline data anticipated in July. Shares surged 793% as intraday trading...

01:25 PM EDT, 05/14/2025 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.5%. The Philadelphia Housing Index was falling 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.9%. Bitcoin (BTC-USD) was declining 1.1% to $103,040, and the...