Technology stocks extended their Friday retreat this afternoon, with the SPDR Technology Select Sector ETF (XLK) Friday sliding 0.8% shortly before the closing bell but the Philadelphia Semiconductor Index was advancing 0.8% in late trade.
Wall Street has of late been surprising with rallies despite rising delta variant cases. Investors are however on the edge considering certain factors that might impact the current investing environment. Factors like surging delta variant cases and the Federal Reserve mee
Technology stocks were little changed, with the SPDR Technology Select Sector ETF (XLK) Friday easing 0.1% although the Philadelphia Semiconductor Index was advancing 2.1% this afternoon.
Friday, September 10, 2021The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corporation (BAC), PepsiCo, Inc. (PEP), and Wells Fargo & Compa
Hey everybody, Dave Bartosiak with Trending Stocks at Zacks.com. Being a gold bug is so 20th Century. Yeah, it’s shiny. You can make yourself a grill. Get a 36-inch chain to swing down around you neck. But can you power a submarine with it? I don’t think so. Enter 2021, t
Rivian Automotive Inc., the electric-vehicle start-up backed by Amazon.com Inc. (AMZN) and Ford Motor Co. (F), has reportedly filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter, as quoted on B
The United States is again facing a tough time curbing the coronavirus outbreak. Wall Street has also been mostly disappointing in the holiday-shortened week as all the three major indices might end the week in losses. Declining for the fourth consecutive day, the S&P
It has been about a month since the last earnings report for Wendy's (WEN). Shares have lost about 2.9% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Royal Gold (RGLD). Shares have lost about 3.3% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Haemonetics (HAE). Shares have added about 4.9% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Perrigo (PRGO). Shares have added about 7.1% in that time frame, outperforming the S&P 500.
SPECIAL ALERT: Remember, the September episode of the Zacks Ultimate Strategy Session is now available for viewing! Don’t miss your chance to hear:
▪ Kevin Cook and Dr. John Blank Agree to Disagree on where the S&P 500 will end in 2021
▪ Kevin Matras answers q
Technology stocks were advancing pre-bell Friday. The Technology Select Sector SPDR ETF (XLK) was up 0.40% and the Semiconductor Sector Index Fund (SOXX) was recently advancing by 0.88%.
The European Central Bank (ECB) will slow down emergency bond purchases over the coming quarter. This would be a step forward for the ECB toward unwinding the emergency aid that has shored up the Euro zone economy during the coronavirus pandemic.
For investors seeking momentum, United States 12 Month Natural Gas ETF UNL is probably on radar now. The fund just hit a 52-week high, and is up roughly 82.6% from its 52-week low price of $7.24/share.
Having trouble finding a Sector - Tech fund? USAA Science & Technology Fund (USSCX) is a possible starting point. USSCX bears a Zacks Mutual Fund Rank of 3 (Hold), which is based on nine forecasting factors like size, cost, and past performance.