Sector ETFs Archives - Page 3 of 65

2 minute read

Nvidia Propels Semiconductor Industry To $5.5 Trillion Valuation; Beginning Of Bigger Boom, Says Analyst

June 6, 2:28 PM

The US semiconductor industry's market cap has reached $5.5 trillion, making it the world's 3rd largest economy, driven by demand for AI chips.

ADI

2 minute read

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

By Piero Cingari

June 6, 2:08 PM

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

2 minute read

Nasdaq 100 Reaches Record Highs, Service Sector Strength Alleviates Economic Slowdown Concerns, Magnificent 7 Hits $15 Trillion Valuation: What’s Driving Markets Wednesday?

By Piero Cingari

June 5, 1:43 PM

Wall Street rallied Wednesday as the services activity gauge indicated a stronger-than-expected expansion in May, pushing back fears of an economic slowdown which surfaced in recent days.

AMC

2 minute read

Bank Of Canada Cuts Rates By 0.25% As Policy ‘No Longer Needs To Be Restrictive’: Canadian Stocks Rally, Loonie Drops

By Piero Cingari

June 5, 10:31 AM

Bank of Canada lowers interest rates by 25 basis points in response to easing inflation, with Canadian stocks and dollar reacting accordingly.

EWC

2 minute read

Services Sector Activity Strongly Expands In May: ‘Notable Higher Business Activity, Faster New Orders Growth’

By Piero Cingari

June 5, 10:30 AM

The U.S. service sector sentiment expanded in May, reversing April's decline. The ISM reported strong growth in business activity and new orders. Employment is still a challenge. Stocks hold gains but bond yields rise.

DIA

2 minute read

Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari

June 4, 1:00 PM

Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

2 minute read

Biden To Sign Executive Order To Limit Asylum Seekers Crossing US-Mexico Border: Report

By Anthony Noto

June 3, 3:13 PM

A Biden executive order comes after GOP Senators killed a bipartisan immigration bill earlier this year at the behest of Trump.

IGF

3 minute read

Pressure Mounts On Fed As Eurozone, Canada Plan Interest Rate Cuts This Week

By Natan Ponieman

June 3, 1:52 PM

In a Monday interview, Minneapolis Fed President Neel Kashkari advocated for maintaining the current Fed rate in the U.S. for a longer period.

AGG

2 minute read

Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady In April: This Week In The Market

By Piero Cingari

May 31, 4:15 PM

U.S. stock market ends 5-week positive streak due to slowing economic momentum, while Nvidia's valuation soars and home prices hit record highs.

COST

2 minute read

Tech Stocks Crumble As Wall Street’s 5-Week Rally Ends; Bonds Offer Safe Haven As Growth Worries Reemerge: What’s Driving Markets Friday?

By Piero Cingari

May 31, 1:44 PM

Bears knocked on Wall Street’s door again Friday, sending large-cap tech stocks lower despite the Fed’s favorite inflation measure meeting expectations.

BTC