Chip Stocks At ‘Premium Valuations,’ But Bank Of America Remains Bullish On Semiconductors
Historically, large annual gains for the Philly Semi index have been followed by a further rally.
US Stocks Eye 3-Day Slump; Tech, Crypto Sell-Off Deepens, Oil, Dollar Rebound: What’s Driving Markets Wednesday?
The early 2024 sell-off is intensifying on Wall Street, with all major stock averages in the red on the second trading day of 2024.
US Manufacturing Takes A Hit: Longest Downturn Since Early 2000s, Yet Exceeds December Predictions
US manufacturing sector contracts for 14th month, longest slump since 2000-2001. Production stabilized, but orders, employment & inventories still contracting.
Soft Landing? Don’t Bet On It Just Yet: Fed’s Barkin Indicates Further Rate Hikes Possible
Richmond Federal Reserve President Tom Barkin delivered a mixed message about the U.S. economy in his recent speech,…
Tech Sell-Off Triggers Market Reset: Value Stocks Reach 7-Month High Versus Growth
U.S. stock market suffered worst start in two decades, tech sell-off led to cautious investor shift to value stocks, notably IUSV & IUSG ETFs + top gainers MRNA, VTRS, TNL, LVS & VAC.
Cathie Wood’s Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase, Robinhood Stock
On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc (NASDAQ:ROKU) shares. This decision comes…
Tech Titans Tumble: ‘Magnificent Seven’ Shed $250 Billion in Market Cap On 2024 Day One
The Magnificent Seven's market cap plunged by $250 billion in the first trading session of the year, led by Apple Inc.'s 4% drop and a sell call from Barclays analyst Tim Long.
Hamas Deputy Leader Killed In Suspected Israeli Drone Strike In Beirut: Oil Prices Fall
Hamas confirmed co-founder and deputy leader Saleh al-Arouri killed in suspected Israeli drone attack in Beirut, allies of Hezbollah such as Iran and Syria involved in regional conflicts, oil prices initially responded with gains then fell on news of Beirut attack.
Tech Drags On Wall Street As 2024 Kicks Off; Dollar and Treasury Yields Surge: What’s Driving Markets Tuesday?
Wall Street kicked off 2024 on a weaker note, with the S&P 500 dipping by 0.5%, and the Nasdaq 100 experiencing a 1.4% decline in midday trading in New York.
Dogs Of The Dow: Top 10 Highest Yielding Dow Jones Stocks, How To Get Dividends Of 3% to 7.4% In 2024
Twenty eight of the 30 Dow Jones Industrial Average components pay out dividends. A look at the top ten highest dividend yields.