From Andrea Kramer: The U.S. stock market is set to wrap up a banner June, with the S&P 500 Index (SPX) fresh off all-time highs. What’s more, several sectors could continue to shine in July, if recent history is any guide. In fact, the Technology Select Sector SPDR Fund (XLK) emerged as one of the best […]
From Yun Li: KEY POINTS
From Sanghamitra Saha: Technology stocks are on fire, having logged their best six-day stretch in seven and a half years, per Dow Jones Market Data, as quoted on The Wall Street Journal. Microsoft Corp. MSFT, Apple Inc. AAPL, Amazon.com Inc. AMZN, Facebook Inc. FB and Alphabet Inc. GOOGL injected about $330 billion in market value […]
From J.R. Reed:
From Jeff Cox: Federal Reserve Chairman Jerome Powell said the central bank is watching current economic developments and will do what it must to keep the near-record expansion going. Financial markets have been nervous lately over an escalating trade war that has spread from China and now could include Mexico. At the same, government bond yields […]
From Simon Maierhofer: Technology was the first sector to eclipse previous highs after the December meltdown in the U.S. stock market. Will technology lift the rest of the market to new highs, or will the market drag down technology?
From Keris Lahiff: Tech is attempting to rebound this week.
From Sweta Killa: Technology giant Apple Inc. AAPL logged in its seventh consecutive weekly loss, something the stock hasn’t done in the past six years.
From Nasdaq: Top Technology Stocks on November 9, 2018
From Zacks: Wall Street, which had a pretty strong third quarter, has not seen a smooth opening to the fourth quarter. There was a brutal selloff in early-October, thanks apparently to rising rate concerns, and since then the market has remained edgy.
From Chris Vermeulen: Recent downside pricing pressure on Technology and FANG stocks have kept investors wary of jumping back into the market while we wait to see where the bottom may form.
From Zacks: The hot and soaring technology sector lost its momentum with the start of September. This is especially true as the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) has dropped about 2.3% so far this week.
From Zacks: Facebook (FB – Free Report) shares suffered a bloodbath following criticism of its management of user data. The stock has declined more than 16% since the news of the data breach did the rounds in March.
From Chris Kimble: Today’s 6-pack of stock charts takes another look at the market leading Technology sector.
From Zacks: The financial world is seeing its hottest streak with the best start in many years, fueled by skyrocketing U.S. markets. The surge came despite global trade fears, political instability in Washington and geopolitical tensions.