FAANG stocks — Facebook Inc. FB, Apple Inc. AAPL, Amazon.com Inc. AMZN, Netflix Inc. (NFLX) and Alphabet Inc.’s (GOOG, GOOGL) Google — along with Microsoft Corp. MSFT and Tesla Inc. TSLA take about 25% of the S&P 500. Many are now of the view that these seven behemoth
Technology stocks were higher Thursday with the SPDR Technology Select Sector ETF (XLK) rising 1.4% while the Philadelphia Semiconductor Index was also advancing 1.4% in the afternoon.
Federal Reserve Chair Jerome Powell said the central bank could start scaling back asset purchases as soon as November and finish the process by mid-2022. Several officials are even interested to hike interest rates next year.
A month has gone by since the last earnings report for Toll Brothers (TOL). Shares have lost about 5.1% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Urban Outfitters (URBN). Shares have lost about 11.6% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Advance Auto Parts (AAP). Shares have lost about 0.5% in that time frame, outperforming the S&P 500.
In the FOMC meeting that concluded on Sep 22, the Federal Reserve Chair Jerome Powell kept the interest rates near zero at 0-0.25% but signaled bond-buying tapering ahead followed by interest rate hikes as early as next year.The central bank is expected to begin scaling b
With only a few trading days left, September, known for being a weak month for stock markets, has turned out to be brutal given a myriad of woes. These include concerns over accelerating coronavirus infections, renewed inflation fears, signs of a slowdown in China, potent
It took a Fed statement on Wednesday to snap the market out of its sour September mood and finally end a four-day losing streak. The major indices were each up approximately 1%.
Basically, the economy is improving enough that scaling back the asset purchases “may soon
For investors looking for momentum, Breakwave Dry Bulk Shipping ETF BDRY is probably a suitable pick. The fund just hit a 52-week high and is up 408.2% from its 52-week low price of $6.10/share.
Technology stocks remained firm ahead of Wednesday's close, with the Technology Select Sector SPDR ETF (XLK) rising 1.5% while the Philadelphia Semiconductor Index advanced 2%.