Sector ETFs Archives - Page 24 of 65

1 minute read

Nasdaq 100 Marks Fifth Consecutive Negative Session In Worst Tech Stock Downturn In Nearly 14 Months

January 4, 6:06 PM

Nasdaq 100 index has just closed its fifth consecutive red session, marking the worst negative streak in almost 14 months, with a total drop of 4.1%.

AAPL

2 minute read

Top Bank Stock Picks For 2024: ‘Valuations Are At 50% Discount To S&P 500,’ Analysts Say

By Piero Cingari

January 4, 3:11 PM

Bank of America's equity analysts led by Ebrahim H. Poonawala predict a bullish trend in banking stocks in 2024 due to changing economic landscape, policy shifts and strategic positioning of individual banks.

2 minute read

Tech Stocks Ease Further, Bond Yields Rise, Banks Outperform: What’s Driving Markets Thursday?

By Piero Cingari

January 4, 3:04 PM

The early 2024 sell-off has slowed down on Wall Street, with major indices showing flat or marginal performance at noon in New York on Thursday, except for the tech-heavy Nasdaq 100, which continued to drop.

BTC

2 minute read

Chip Stocks At ‘Premium Valuations,’ But Bank Of America Remains Bullish On Semiconductors

By Neil Dennis

January 3, 3:12 PM

Historically, large annual gains for the Philly Semi index have been followed by a further rally.

AMD

2 minute read

Tech Sell-Off Triggers Market Reset: Value Stocks Reach 7-Month High Versus Growth

By Piero Cingari

January 3, 11:26 AM

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.

BAC

2 minute read

Tech Titans Tumble: ‘Magnificent Seven’ Shed $250 Billion in Market Cap On 2024 Day One

By Piero Cingari

January 2, 5:34 PM

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.

AAPL

2 minute read

Semiconductor Stocks Tumble, Wiping Out $100 Billion Amid US-China Trade Tensions: Rocky Start To 2024

By Piero Cingari

January 2, 12:09 PM

US semiconductor stocks decline in Tuesday morning trading following White House directive to a European chipmaker, resulting in $100B erased from 25 largest US-traded chipmakers' market value.

ACLS