Economy

Bond Prices Pare Gains But Remain Supported by Trade Concerns

Bond Prices Pare Gains But Remain Supported by Trade Concerns

US Treasury prices backed off the highest levels Friday with the 10-year taking the lead while the five-year tumbled late to claim the losing slot from the two-year. Recovering stocks, position-squaring into the weekend and slowed activity added drag late in the session. The reports of better manufacturing and consumer sentiment data were largely overshadowed by the back-and-forth between the […]

Late Bounce Lifts Health Care Stocks to Positive Finish

Late Bounce Lifts Health Care Stocks to Positive Finish

Health care stocks turned slightly higher this afternoon, including a less than 0.2% advance for the NYSE Health Care Index in recent trade. Also, shares of health care companies in the S&P 500 also were up 0.1% as a group while the Nasdaq Biotechnology index was falling nearly 0.2%. Among health care stocks moving on news: + Dr. Reddy’s Laboratories […]