Technology stocks were ending mostly higher on Tuesday, with the SPDR Technology Select Sector ETF advancing 1.6% while the Philadelphia Semiconductor Index was rising 1.8%.
Stocks jumped again Tuesday, as part of the market’s 25% rally from its March 23 lows on continued optimism surrounding the coronavirus. Clearly, uncertainty remains and the full economic damage won’t show up until at least the second quarter.
The unprecedented global spread of the novel coronavirus and resulting surge in COVID-19 cases has drastically changed the way we transact, traditional financial markets and many other ingrained aspects of our society.
Technology stocks were climbing in Tuesday trading, with the SPDR Technology Select Sector ETF advancing 2.3% while the Philadelphia Semiconductor Index was rising 2.8%.
Media companies’ quarterly earnings are expected to have gained traction from solid demand for online content and a high-speed Internet service amid the coronavirus crisis.This was evident from Netflix’s robust first-quarter 2020 results, which rode on strong subscriber grow
The insurance industry broadly encompasses life, property and casualty, multi-line insurers and insurance brokers. While insurers on the whole are likely to have been affected by low interest rates in the first quarter, increase in premium rates for Commercial and Property lines
Of the large drug/biotech companies that have reported so far, most came up with better-than-expected earnings and maintained their guidance for the year. Sales of drugs/medicines that require significant physician office or institutional visits were hurt in the quarter, while o
Nasdaq's Market Technology community is truly keeping markets up and running. Bogdan Djoric, CIO of Bolsa de Valores de Colombia, shares how his exchange is managing the current environment for their stakeholders, members and employees.s.
Utility stocks started the earnings season on a strong note, with NextEra Energy NEE delivering positive earnings as well as revenue surprise. For the domestic-focused matured Utility sector, total Q1 earnings are expected to increase 3.5% year over year despite 0.4% lower reven
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A number of real estate investment trusts (REITs), including AvalonBay Communities, Inc. AVB, Essex Property Trust, Inc. ESS, Mid-America Apartment Communities, Inc. MAA, UDR Inc. UDR, Federal Realty Investment Trust FRT, Equinix EQIX, Extra Space Storage EXR and Welltower, I
The COVID-19 outbreak is likely to have pleasantly surprised e-commerce companies in the first quarter. Lockdowns and self-imposed quarantine gave a sudden boost to demand for online shopping and quick-delivery services. A steep rise in sales for groceries, healthcare goods and
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