Broad U.S. Equity ETFs Archives - Page 64 of 81

2 minute read

Potential ‘False Breakout’ Looms For S&P 500 Despite Reaching Bull Market Region, Says Top Wall Street Analyst

May 22, 9:31 AM

The S&P 500 Index may have reached the finish line of the rally that started in October 2022, after breaking above the 4,200 threshold last week.

SPY

2 minute read

Four Charts Of Must-See Large Cap Stocks That Have Already Doubled In 2023

By Piero Cingari

May 18, 12:31 PM

The stock prices of four large-cap U.S. companies have doubled so far this year, marking mind-boggling performances for such a short timeframe and substantially outperforming the broader stock market, according to Benzinga Pro data.

DKNG

1 minute read

Weekly Jobless Claims Decline, Signaling Steady Labor Market Conditions

By Piero Cingari

May 18, 8:44 AM

The number of Americans registering for unemployment benefits in the week ending May 13 declined by 22,000 to 242,000, below the expected 254,000, the U.S. Labor Department reported Thursday.

SPY

2 minute read

Cathie Wood Doubles Down On Palantir, Buys Another $13M Stake In Peter Thiel’s Big Data Analytics Firm

By Bhavik Nair

May 17, 10:40 PM

Cathie Wood-led ARK Investment Management bought over 1.26 million shares of Palantir Technologies Inc (NYSE:PLTR) at an estimated…

ARKF

2 minute read

The SPY Breaks Bullishly Following Biden’s Debt Ceiling Remarks: Quick Take Technical Analysis

By Melanie Schaffer

May 17, 3:16 PM

The SPDR S&P 500 (NYSE: SPY) was surging over 1% higher on Wednesday after President Joe Biden said lawmakers will reach an agreement before the U.S.

SPY

2 minute read

Biden Says US Will Not Default Before Leaving For G7 Meeting; GOP Senator Says White House Playing ‘Russian Roulette’ With Economy

By Piero Cingari

May 17, 12:18 PM

The U.S. will not default on its debt as it faces a deadline to increase its borrowing limit and will not default in the future, President Joe Biden said in a White House speech Wednesday before departing for a G7 meeting in Japan.

SPY

2 minute read

Pessimism Reigns Supreme Among Fund Managers: Bank of America Survey Reveals 5 ‘Contrarian’ Trades To Watch

By Piero Cingari

May 16, 5:29 PM

A survey conducted by Bank of America Corp. revealed fund managers' pessimism reached the highest level in 2023 as investors increased cash balances and became more pessimistic about growth.

IUSV

1 minute read

House Speaker McCarthy Says ‘Further Conversations’ On Debt Ceiling Necessary, Opening Up More Talks This Week

By Piero Cingari

May 16, 4:56 PM

"Negotiators are still far apart" but a deal by the end of the week is "feasible", House Speaker Kevin McCarthy (R-CA) said following a debt-meeting summit with President Joe Biden and other key lawmakers on Tuesday.

SPY

2 minute read

Retail Sales Rebound 0.4% In April; Investors Widely Expect Fed Pause In June

By Piero Cingari

May 16, 8:50 AM

Retail sales increased 0.4% in April on a month-over-month basis, according to the the advance estimates released Tuesday, rebounding from a revised 0.7% decline recorded in March but falling short of the expected 0.8% increase. US April Retail Sales: Key Takeaways

GDL

2 minute read

Apple Worth More Than The Entire Russell 2000, Will The Trend Continue?

By Chris Katje

May 16, 8:11 AM

One of the largest companies in the world has hit a new milestone, and it’s one that could prompt predictions of a potential bubble and correction coming.

AAPL