The U.S. housing sector continues to grapple with headwinds like increasing construction costs, constrained supplies along with rising home prices. These factors are taking a toll on builder confidence, which slipped to its lowest level since July 2020. Per the monthly Na
The Wall Street rally hit a brake in Aug 17 trading session with the Dow Jones and the S&P 500 each snapping five-day winning streaks as concerns about slowing global economic growth intensified. This is especially true, as the surging cases of the Delta variant of CO
U.S. retail trade declined 1.1% sequentially in July 2021, following a revised 0.7% gain in June and compared with the market consensus of a 0.3% decline, due to a fall in auto purchases and a resurgence in COVID-19 cases that hurt consumer demand.
Wednesday, August 18, 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 The Walt Disney Company (DIS), Charter Communications, Inc. (CHTR), and The Boeing
It has been about a month since the last earnings report for Steel Dynamics (STLD). Shares have added about 16.5% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for PPG Industries (PPG). Shares have added about 5.1% in that time frame, outperforming the S&P 500.
Thanks to solid corporate earnings, the U.S. stock market has showing immense strength with the major bourses lately reaching new highs. But a myriad of hurdles has continued to kept investors jittery (read: ETFs to Buy on Most-Bullish Wall Street Outlook in Two Decades).
Before the opening bell yesterday, Walmart WMT reported blowout second-quarter 2022 results, wherein it outpaced both earnings and revenue estimates. The mega retailer raised its full-year outlook.Earnings per share came in at $1.78, surpassing the Zacks Consensus Estimat
Even though NVDA has consistently posted great numbers and beaten expectations, the stock has rarely jumped immediately following those blowout results and has actually fallen for a day or two on four of those five occasions
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Technology stocks were mixed premarket Wednesday. The Technology Select Sector SPDR ETF (XLK) was 0.20% lower while the Semiconductor Sector Index Fund (SOXX) was 0.11% lower in recent trading.
The global markets have been steady thanks to easy money and fiscal policies as well as easing COVID-led restrictions. Low income producing bonds have led many investors to park money in the equity world. All-world ETF iShares MSCI ACWI ETF ACWI is up more than 14% versus
If it seems as if Nvidia (NVDA) can do no wrong, that’s because the company has executed flawlessly over the past two years, making its investors wealthy in the process.
If you've been stuck searching for Sector - Utilities funds, consider Fidelity Select Utilities (FSUTX) as a possibility. FSUTX bears a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.