The Nasdaq ended lower while the Dow and S&P 500 were nearly flat on Tuesday as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt shipments of advanced artificial intelligence chips to China.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks on Tuesday settled mixed, with the Dow...
U.S. stocks ended flat to lower on Tuesday as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt shipments of advanced artificial intelligence chips to China.
This year’s leading stock, Nvidia NVDA took a hit Tuesday in trading after the Biden administration announced plans to halt semiconductor shipments to China. Is this sell-off an opportunity to pick up shares at a discount?
Tech stocks fell late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the Philadelphia Semiconductor Index down 1.1%.
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.5% loss. Within that group, Eversource Energy (Symbol: ES) and Dominion Energy Inc (Symbol: D) are two large stocks that are lagging, showing a loss of 1.4% and 1.3%, respectively.
U.S. stocks were slightly lower in afternoon trading on Tuesday as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt shipments of advanced artificial intelligence chips to China.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.06%. Stocks are sliding, with the Nasdaq 100 falling to...
Tech stocks were lower Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the Philadelphia Semiconductor Index down 0.9%.
Pre-election seasonality weakness trends played out in spades for US equities in the months of September and October. The S&P 500 Index ETF (SPY), the most widely followed and heavily traded US equity ETF, gave back 1.77% in A
Wall Street reversed course to rise on Tuesday as upbeat earnings and signs of resilience in the U.S. economy buoyed investor sentiment, even as a spike in Treasury yields pressured megacaps.
ADTRAN, Inc. ADTN recently issued preliminary third-quarter 2023 results. These initial unaudited financial metrics provide valuable insight into the company’s business operations and market trends for the September quarter.During
In trading on Tuesday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Metropolitan Bank Holding, up about 7.8% and shares of Mercantile Bank, up about 7.2% on the
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. Stocks this morning are mixed, with the Nasdaq 100...
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other semiconductor stocks. Check out the short video to learn more, consider subscribing, and click the special offer link below.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.61%. Stocks this morning are moderately lower, with the Nasdaq...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco NASDAQ 100 ETF (Symbol: QQQM) where we have detected an approximate $372.4 million dollar inflow -- that's a 2.5% increase week over week in
In early trading on Tuesday, shares of Dollar Tree topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.3%. Year to date, Dollar Tree has lost about 20.4% of its value.
Ericsson ERIC reported mixed third-quarter 2023 results, wherein the bottom line matched the Zacks Consensus Estimate but the top line missed the same. The company reported a revenue slowdown year over year, owing to sluggish dema
In early trading on Tuesday, shares of VFC topped the list of the day's best performing components of the S&P 500 index, trading up 9.9%. Year to date, VFC has lost about 35.5% of its value.