Key takeout
By noon Friday, the major US stock indexes were largely unchanged as investors digested the latest corporate revenue news.
Stocks in insurance companies, including Eleven Health (ELV), Molina Healthcare (MOH) and Centene (CNC), fell, extending Thursday’s losses after Extein lowered its outlook, citing higher-than-planned Medicaid and affordable care law costs.
The stock of Sarepta Therapeutics (SRPT) was sunk after a third patient undergoing experimental muscular dystrophy treatment died.
Invesco (IVZ) Rose stock is leading the S&P 500 winners after saying it is about to change the structure of its popular Invesco QQQ Trust (QQQ) Exchange-Traded Fund in a more profitable move for Invesco.
Norfolk Southern (NSC) shares were acquired in the second straight session on reports that Union Pacific (UNP) can purchase. Union Pacific Share slides.
Charles Schwab (SCHW) shares rose after brokers and investment companies surpassed higher trading fees and net interest income earnings and revenue estimates.
Talen Energy (TLN) shares traded at record highs after the energy provider paid $3.5 billion and acquired two natural gas-powered plants to harness the power needs of the artificial intelligence data center.
Oil futures and gold prices have become more sophisticated. In 2010, the Treasury bill yields fell. The US dollar lost ground to the euro, pound and yen. Most major cryptocurrencies traded higher.
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