Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.
Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.
HEI closed higher ahead of earnings report on Tuesday. Analysts expect 81c EPS and $951.21M revenue. To earn $500 monthly, investor needs $6,519,300 of HEI shares.