Crude oil prices and a gauge of global equity markets edged higher on Monday as lockdowns eased, with the Nasdaq setting a record closing high, but sentiment remained tenuous as coronavirus infections continued to rise.
Apple (NASDAQ: AAPL) kicked off the online version of its Worldwide Developer's Conference (WWDC) on Monday with the widely anticipated shift away from the Intel (NASDAQ: INTC) chips used by the Mac computer in favor of Apple's own processor. The Apple Silicon chip will offer ma
After backpedaling earlier this afternoon, major indexes staged a comeback to finish the day with solid gains. The Nasdaq Composite surged to close above 10,000, led by rises from major tech companies. Meanwhile, the Dow tacked on just over 150 points, with a notable push from
Wall Street's three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries.
Technology stocks added to their Monday advance, with the SPDR Technology Select Sector ETF climbing 1.6% shortly before the closing bell while the Philadelphia Semiconductor Index was rising 0.5%.
What happened
Shares of Sonos (NASDAQ: SONO) stock spiked on Monday, after a prominent short-seller issued a report on the home audio company. But rather than discuss shorting the stock, the report stated that it's "a better time than ever" for Apple (NASDAQ: AAPL) to acquire th
Wall Street's three major indexes gained ground on Monday with the biggest boost from technology stocks as investors appeared to look past the potential economic impact of rising coronavirus cases in the United States and other major economies.
Technology stocks pushed Wall Street's main indexes higher on Monday but sentiment remained fragile as a spike in coronavirus cases in the United States and other major economies fueled fears of a setback to the nascent economic recovery.
After years of looking the other way when it came to unauthorized games in its China-based App Store, Apple (NASDAQ: AAPL) will begin removing them next month.
The First Trust Horizon Managed Volatility Domestic ETF is seeing unusually high volume in afternoon trading Monday, with over 527,000 shares traded versus three month average volume of about 35,000. Shares of HUSV were trading flat on the day.
The S&P 500 and Dow Jones indexes were largely flat on Monday as investors weighed the implications of rising coronavirus infections for business activity while the tech-heavy Nasdaq rose for a seventh session.
Apple (NASDAQ: AAPL) has been moving its iPhone pricing around the last few years. In 2017, it raised the price of the flagship model to $699. It raised the price another $50 in 2018 with the release of the iPhone XR. Last year, it lowered the price for the iPhone 11 back to $69
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core Dividend Growth ETF, which added 9,550,000 units, or a 3.4% increase week over week. Among the largest underlying components of DGR
The S&P 500 and Dow Jones indexes were largely unchanged on Monday as investors assessed stimulus-fueled recovery hopes against an increase in coronavirus infections that could derail a rebound in business activity.
In early trading on Monday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.5%. Year to date, Apple registers a 20.9% gain.
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