01:54 PM EDT, 05/21/2025 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each shedding 0.5%. In corporate news, Target's ( TGT ) fiscal Q1 results decreased more than Wall Street's estimates, while the retailer slashed its full-year outlook, citing the impact...

01:53 PM EDT, 05/21/2025 (MT Newswires) -- Tech stocks were weaker Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 1.0% and the SPDR S&P Semiconductor ETF (XSD) falling 2.0%. The Philadelphia Semiconductor index lost 0.8%. In corporate news, Google ( GOOG ) is rolling out an AI Mode, which answers queries in a chatbot-style conversation, Alphabet Chief...

01:45 PM EDT, 05/21/2025 (MT Newswires) -- US equity indexes fell as fiscal jitters pushed government bond yields higher and mixed earnings from the biggest retailers hurt risk sentiment. The Nasdaq Composite fell 0.6% to 19,026.1, the S&P 500 declined 1% to 5,881.4, and the Dow Jones Industrial Average dropped 1.6% to 41,980.5. The communications services sector was the sole...

01:56 PM EDT, 05/21/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index falling 1% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.3%. The iShares Biotechnology ETF (IBB) slumped 1.6%. In corporate news, UnitedHealth ( UNH ) allegedly paid thousands of dollars in bonuses to nursing homes where it installed its...