Page 12 - Patrick Sullivan News Today

Health-care company shares declined on worries in the insurance market, while M&A activity continued. Shares of major health insurers dropped after UnitedHealth Group executives forecast a...

Industrial companies traded broadly lower on continued worries that stubborn inflation would force Federal Reserve officials to keep interest rates higher for longer. Alstom is expected to... -May 28, 2024 at 05:04 pm EDT - MarketScreener

Communications services shares rose on strength in large capitalization companies and a deal in the telecommunication space. T-Mobile US agreed to buy much of U.S. Cellulars operations in a...

Consumer shares fell as strong economic data could keep Federal Reserve policymakers from cutting interest rates any time soon. The Conference Boards consumer confidence index rose, reversing... -May 28, 2024 at 05:05 pm EDT - MarketScreener

Producers of metals and other raw materials fell on worries about global demand, while prices for precious and base metals rose. The Materials Select Sector SPDR Fund eased 0.4% lower. Chinas...

Health-care companies were among the worst performing stocks but remain on pace to post monthly gains. Johnson & Johnson entered into an agreement with Numab Therapeutics to acquire the global... -May 28, 2024 at 05:04 pm EDT - MarketScreener

Shares of power producers slid as Treasury yields rose while Fed officials remain patient on interest rates. The Federal Reserve is ready to hold interest rates steady for as long as it takes...

Energy companies rose as oil prices pushed back near the $80-a-barrel mark amid continued tensions in the Middle East after an Israeli strike in Rafah killed dozens of civilians and a cross-border...

Financial shares slide as Treasury yields move higher as auctions of two-year and five-year notes were met with soft demand. PayPal plans to build an ad sales business around the reams of data... -May 28, 2024 at 05:05 pm EDT - MarketScreener

Technology shares pushed higher again on hopes for growth in artificial intelligence and the semiconductors that make it possible. Nvidias stock jumped to another record high, its third in as...