02:18 PM EDT, 09/20/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday as traders assessed remarks by two Federal Reserve governors. The Nasdaq Composite was down 0.2% at 17,969.9 after midday Friday, while the S&P 500 fell 0.1% to 5,707.2. The Dow Jones Industrial Average rose 0.2% to 42,113.7. Among sectors, materials and industrials saw the steepest declines,...

01:36 PM EDT, 09/20/2024 (MT Newswires) -- Wedbush Securities cut its price target on Corbus Pharmaceuticals ( CRBP ) to $51 from $85 while keeping its outperform rating. Corbus shares slumped 60%, with intraday trading volume at over 9.26 million compared with a daily average of about 297,000. FedEx ( FDX ) reported a surprise decline late Thursday in fiscal...

01:28 PM EDT, 09/20/2024 (MT Newswires) -- Energy stocks fell Friday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both decreasing 0.2%. The Philadelphia Oil Service Sector index rose 0.1%, and the Dow Jones US Utilities index gained 0.8%. West Texas Intermediate crude oil climbed 0.6% to $72.35 a barrel, while global benchmark...

01:39 PM EDT, 09/20/2024 (MT Newswires) -- Health care stocks were declining Friday afternoon, with the NYSE Health Care Index down 0.6% and the Health Care Select Sector SPDR Fund (XLV) easing 0.2%. The iShares Biotechnology ETF (IBB) fell 0.9%. In corporate news, Cardinal Health ( CAH ) agreed to buy Integrated Oncology Network for $1.12 billion in cash, as...