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The SPDR® Morgan Stanley Technology ETF (NYSEArca:MTK) today announced that the fund received payment as an authorized claimant from a class action settlement related to Juniper Read more…
The SPDR® Morgan Stanley Technology ETF (NYSE: MTK) today announced that the fund received payment as an authorized claimant from a class action settlement related to Broadcom Corp. Read more…
“The big picture remains that of shares that are discounting a continued recovery in jobs and incomes for the second half of the year. That’s something that the market has been telegraphing for Read more…
“Earlier this week, Nasdaq announced a new index for companies engaged in the manufacturing or development of smartphone products. The benchmark, known as the NASDAQ OMX CEA Read more…
“Wireless HOLDR (WMH) and SPDR Morgan Stanley Technology (MTK) could be in store for declines. Research in Motion (RIMM) continues its evening slide after missing the Street’s Read more…
David Serchuk, writing for Forbes, thinks tech might be worth a look right now. His starts by comparing the performance of the Nasdaq versus the S&P 500 finding “those who stayed long the Nasdaq over the past 10 years are down 26.1%, but they still beat the Standard & Poor’s 500, down 29.6%. The tech index also beat its much larger brother over shorter time periods. Over five years, it’s down 9.6%, versus 19.9% for the S&P. Over a year, it’s down 26.4%, versus 32.6%. Where it’s really shined, however, is 2009. Year to date, the Nasdaq is up 14.6%, while the larger index has risen but 1%.” Read more…
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