Sector ETFs Archives - Page 2 of 65

2 minute read

Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React

June 12, 10:09 AM

U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.

ARRY

2 minute read

US Median Housing Rent Jumps To $1,653, Highest Since 2022: ‘Demand From Young Renters Remains High’

By Piero Cingari

June 11, 4:37 PM

Median US asking rent rose 0.8% to $1,653 in May, highest since Oct 2022, reflecting strong demand and limited supply.

HAUS

2 minute read

Biden Mulls New Restrictions On China’s Advanced AI Chips Access: Report

By Piero Cingari

June 11, 4:07 PM

U.S. considers limiting China's access to advanced chip tech for AI, and possible restrictions on high-bandwidth memory chips.

AMD

2 minute read

Stocks Ease Ahead Of Wednesday’s Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What’s Driving Markets Tuesday?

By Piero Cingari

June 11, 1:35 PM

Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.

AAPL

2 minute read

Apple Shares Slide Nearly 2% On WWDC 24 Day: Magnificent 7, Tech Stocks Hold Gains

By Piero Cingari

June 10, 4:21 PM

Apple shares dropped 1.9% after the WWDC 2024. The event introduced "Apple Intelligence," a generative AI update in iOS 18, enhancing Siri and privacy features. Apple also partnered with OpenAI to bring ChatGPT to its devices and expanded Vision Pro availability to eight more countries.

AAPL

2 minute read

Market Stays Flat As Investors Anticipate Key Economic Events; Energy Stocks Lead Gains, Regional Banks Decline: What’s Driving Markets Monday?

By Piero Cingari

June 10, 1:22 PM

Wall Street is experiencing a quiet trading session on Monday, with major indices showing little movement by midday in New York, as traders maintain a cautious stance ahead of the highly anticipated inflation report and Fed meeting this Wed

AMC

2 minute read

US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday

By Piero Cingari

June 10, 12:30 PM

Natural gas prices hit 5-month high due to increased cooling demand, with storage levels expected to decrease by end of month. Energy stocks rise.

2 minute read

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market

By Piero Cingari

June 7, 4:25 PM

US stock market continues bull market rally, tech sector leads gains, Nvidia hits $3 trillion valuation, labor market tightens, Robinhood acquires Bitstamp, Apple's WWDC 2024 event awaited.

AAPL

2 minute read

Stocks Reclaim Record Highs As Jobs Data Fuels Growth Optimism; Gold, Bonds Tumble As Yields Rise: What’s Driving Markets Friday?

By Piero Cingari

June 7, 1:54 PM

Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report.

AEM

2 minute read

Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes

By Piero Cingari

June 7, 10:50 AM

May labor market report: strong job gains and wage growth, reduces chances of rate cut. Interest-rate sensitive sectors underperform. Top risers: APD, URI, LLY, HUBB, ADP. Top losers: GEN, SHW, FCX, AMT.

ADP