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Consumer Discretionary Stocks Outpace Staples

Consumer stocks still were mostly on positive ground this afternoon, with shares of consumer staples companies in the S&P 500 gaining about 0.1%, reversing an earlier decline, while shares of consumer discretionary firms in the S&P 500 increased nearly 0.4%. In company news, Toyota Motor Corp (TM) declined Tuesday afterRead More

Mattel, Hasbro Shares Slide

Shares of Mattel and Hasbro were down over 2% Thursday morning after NPD Group said toy sales fell 9% year-over-year in the sixth week of the holiday season. The market research firm said the toy segment experienced its “steepest decline of the season so far.” ¬†NPD noted that dollar salesRead More

Dow Testing 20,000 Once More as US Stocks Gain in Early Trading

The main US indexes rose in early trading Tuesday, heading for a second straight day of gains with the blue-chip Dow Jones Industrial Average making another run at the key 20,000 level as more than two-thirds of the components improved. The Dow and the tech-heavy Nasdaq Composite touched intraday recordRead More

Celsion Down 4%

Celsion is down 4% after the company provided an update to its Phase III OPTIMA program for ThermoDox, also known as hepatocellular carcinoma (HCC). The Phase III OPTIMA study is expected to enroll up to 550 patients at up to 75 clinical sites in the United States, Europe, China andRead More

Benchmarks Set New Records, Defensive Sectors Outperform

Wall Street continued its record-setting trend with the Dow, S&P 500 and Nasdaq setting all-time highs. The major benchmark averages ended the week higher for a third time in a row, building on post-Election Day rally that has advanced the blue chip index by more than 7% and the S&PRead More

Netflix Up More Than 3%

Netflix (NFLX) is up more than 3% after the company signed a deal with iPic Entertainment, a luxury-theater chain with 15 U.S. locations, to screen 10 movies simultaneously with their release online. Under the deal, the 10 Netflix films will screen at iPic theaters in L.A. and New York City,Read More