Sector Update: Health Care-August 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Health Care

Aug 22, 2024 2:36 AM

08:51 AM EDT, 08/21/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Wednesday with the Health Care Select Sector SPDR Fund (XLV) unchanged and the iShares Biotechnology ETF (IBB) recently advancing by 0.9%.

Procept BioRobotics ( PRCT ) shares were up over 12% after saying it had secured clearance from the US Food and Drug Administration for the Hydros Robotic System.

Previous page： Janus Henderson fund manager says investors should cut exposure to stocks as recession looms Next page： US STOCKS-Wall St muted on tariff worries, big banks kick off earnings season

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Janus Henderson fund manager says investors should cut exposure to stocks as recession looms

Apr 11, 2025

* Janus Henderson ( JHG ) recommends 55% equities, 45% bonds amid recession fears * Tariffs threaten global growth, prompting shift to investment-grade bonds * Potential recovery catalysts in Europe and China include fiscal stimulus (Adds title in headline, first paragraph,) By Saeed Azhar NEW YORK, April 10 (Reuters) - Janus Henderson ( JHG ), which manages $379 billion in...

US STOCKS-Wall St muted on tariff worries, big banks kick off earnings season

Apr 11, 2025

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Indexes: Dow down 0.08%, S&P 500 flat, Nasdaq up 0.23% * JPMorgan ( JPM ) up after beating quarterly profit estimates * Beijing increases tariffs on US imports to 125% * S&P 500, Nasdaq set for best week since...

Janus Henderson fund manager says investors should cut exposure to stocks as recession looms

Apr 11, 2025

NEW YORK (Reuters) -Janus Henderson ( JHG ), which manages $379 billion in assets, is advising investors to cut stock holdings and buy more investment-grade sovereign bonds as tariffs threaten to slow global growth, its global head of its multi-asset strategy said. Janus Henderson ( JHG ) now recommends a portfolio of 55% equities and 45% bonds, compared with its...

Top Midday Stories: China Raises US Tariffs to 125%; Big Banks Kick Off Earnings Season

Apr 11, 2025

11:48 AM EDT, 04/11/2025 (MT Newswires) -- US stock indexes were mixed in late-morning trading Friday after China raised tariffs on US imports to 125% and the latest consumer sentiment data came in below expectations. In company news, JPMorgan Chase ( JPM ) reported Q1 earnings Friday of $5.07 per diluted share, up from $4.44 a year earlier and above...