The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
The final week of February is off to a rocky start, as investors remain concerned about the rise in bond yields. The Dow managed to reverse earlier losses to add roughly 27 points, but the S&P 500 settled lower for its fifth consecutive loss. Meanwhile, the tech-heavy Nasda
Global stock markets fell on Monday as expectations of faster growth and quickening inflation battered bonds, boosted commodities and led to a further rotation out of the big tech names that have driven the equity rally during the pandemic.
The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
Apple Inc's customers may end up spending more on non-gaming mobile apps by 2024, data analytics firm SensorTower said on Monday, as lockdown lifestyles result in users looking beyond games to apps that help with more essential services.
The S&P 500 and Nasdaq fell on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
Investors pushed U.S. Treasury yields down from milestone highs on Monday and looked ahead to remarks U.S. Federal Reserve chairman Jerome Powell is set to give on Tuesday in Washington.
Two U.S. lawmakers on Monday sent letters to a dozen cable, satellite and streaming video companies urging them to address their "disseminating misinformation to millions" of users from some channels.
The S&P 500 and Nasdaq indexes came under pressure on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
The UK antitrust tribunal ruled on Monday that Epic Games, the creator of popular game Fortnite, will not be allowed to pursue its case against Apple Inc in the United Kingdom over its App Store payment system and control over app downloads.
Spotify said on Monday it would launch in 85 new markets in the next few days which will make the music streaming service available to more than a billion people around the world, sending its shares up 6% to a record high.
For all its design innovation, Apple (NASDAQ: AAPL) is not particularly known for being in the vanguard of communications standards, lagging the Samsung S10 5G phone by 18 months before introducing its own model, the iPhone 12.So it may be a surprise that although 5G is really ju
Investors drove U.S. Treasury yields down from milestone highs on Monday as they looked ahead to remarks U.S. Federal Reserve chairman Jerome Powell is set to give on Tuesday in Washington.
Apple (NASDAQ: AAPL) sold more smartphone units than any other manufacturer in 2020, according to the latest report from Gartner. It marked the first time that the company had outsold Samsung in the category since 2016, and it also gained market share against other leading manufa
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #5 analyst pick. Apple also comes in above the median of analyst picks among the broader S&P 500 index components, c
U.S. stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
Investors left U.S. Treasury yields little changed on Monday as they looked ahead to remarks U.S. Federal Reserve chairman Jerome Powell is scheduled to give on Tuesday in Washington.
U.S. stock indexes were on track to open lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of technology-related companies.
Winning stocks can be found in some of the most unlikely places.During this appearance on Motley Fool Live, recorded on Feb. 11, Motley Fool Co-Chairman and Chief Rule Breaker David Gardner joined Industry Focus host Nick Sciple to discuss some gems he has unearthed among compani