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The Dow Jones Industrial Average climbed to a record closing high on Thursday as investors shifted money into healthcare and financial stocks, while a broad selloff in semiconductor shares weighed on the technology-heavy Nasdaq Composite.
The blue-chip index rose 875.09 points, or 1.73%, to close at 51,562.16.
The S&P 500 gained 0.41% to 7,584.82, while the N...
Shares of PVH Corp. came under heavy pressure after the apparel company lowered its full-year revenue outlook, with analysts warning that the latest update could lead to additional estimate cuts despite better-than-expected quarterly earnings.
The owner of the Tommy Hilfiger and Calvin Klein brands saw its stock fall more than 22%, putting the shares on track for their ...
Shares of UnitedHealth Group UNH rallied sharply on Thursday after a pair of bullish analyst notes reinforced growing optimism that the health insurer's turnaround is gaining momentum.
UnitedHealth stock climbed more than 5% in trading, helping lift the Dow Jones Industrial Average higher even as broader markets traded mixed.
The rally snapped a five-day losing s...
Quantinuum made a strong debut on the Nasdaq on Thursday, with shares opening at $68 apiece, 13% above their initial public offering price, in what investors viewed as a significant vote of confidence for the emerging quantum computing industry.
The company raised $1.68 billion in an upsized offering after pricing shares at $60 each, above its previously marketed range ...
Crypto.com has expanded its institutional product suite with the launch of Fully Funded OTC Options, a new over-the-counter derivatives offering designed for foundations and VIP clients on the Crypto.com Exchange.
The company said the product will allow eligible institutional participants to trade vanilla European options directly through its professional sales traders ...