12:38 PM EDT, 09/27/2024 (MT Newswires) -- US equity indexes were mixed in choppy midday trading on Friday as most government bond yields fell after fresh inflation data showed price pressures mostly eased. The Dow Jones Industrial Average rose 0.6% to 42,437.9 after touching a new intraday high of 42,628.32 earlier in the session. The S&P 500 stood little changed...

01:54 PM EDT, 09/26/2024 (MT Newswires) -- Health care stocks were mixed Thursday afternoon, with the NYSE Health Care Index shedding 0.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) rose 0.7%. In corporate news, Scilex ( SCLX ) jumped past 8% after the company said Thursday the lockup period that prevents...

04:26 PM EDT, 09/19/2024 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 closed at all-time highs Thursday, a day after the Federal Reserve decided to lower interest rates by 50 basis points. The Dow rose 1.3% to 42,025.2, while the S&P 500 gained 1.7% to 5,713.6. The Nasdaq Composite jumped 2.5% to 18,014. Technology led the...

02:02 PM EDT, 09/26/2024 (MT Newswires) -- Pagaya Technologies ( PGY ) said late Wednesday its unit, Pagaya US Holding Company, is planning a $125 million private offering of exchangeable senior notes due Oct. 1, 2029. The company plans to use the net proceeds to repay secured borrowing under its repurchase agreements, among other things. Shares of Pagaya Technologies (...