June 30, 10:08 AM
As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far.
May 30, 2:50 PM
U.S. stocks traded mixed toward the end of trading, with the Dow Jones dropping over 100 points on Tuesday. The Dow traded down 0.38% to 32,966.16 while the NASDAQ rose 0.14% to 12,994.47. The S&P 500, also fell, dropping, 0.15% to 4,199.17.
Why Nvidia Shares Are Trading Higher By Over 5%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session
May 30, 1:27 PM
Gainers QualTek Services Inc. (NASDAQ: QTEK) shares jumped 127.2% to $0.1740 after dropping around 21% on Friday. Qualtek Services recently filed voluntarily petitions for Chapter 11 bankruptcy.
May 30, 12:00 PM
U.S. stocks traded mixed midway through trading, with the Dow Jones dropping over 100 points on Tuesday. The Dow traded down 0.39% to 32,963.28 while the NASDAQ rose 0.73% to 13,070.56. The S&P 500, also rose, gaining, 0.17% to 4,212.41.
May 30, 10:04 AM
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining over 1% on Tuesday. Following the market opening Tuesday, the Dow traded down 0.25% to 33,011.64 while the NASDAQ rose 1.04% to 13,110.80. The S&P 500, also rose, gaining, 0.40% to 4,222.43.
April 14, 11:15 AM
The real estate investment trust (REIT) group that has investors most concerned about the Federal Reserve’s higher interest rates is rate-sensitive mortgage REITs (mREITs). This week, these three mREITs showed how deeply those concerns are felt as sellers overwhelmed buyers and each dropped to new 52-week lows.