Equities closed last week to the downside as the Nasdaq led shares lower off -2.55% while the S&P 500 gave up 1.73% and the Dow lost 1.01% on the day. Wrapping up the week from a sector perspective, XLP and XLRE finished the week as the only positive gainers. XLK and XLE were the source […]
ETFsector.com Daily Trading Outlook, September 9, 2024 Read More »
US equities closed mostly lower on Thursday, with the Dow down 0.54%, S&P 500 off 0.30%, and Russell 2000 falling 0.61%, while the Nasdaq managed a 0.25% gain. Big tech, particularly Tesla (+4.9%) and Amazon, helped the Nasdaq stay positive. Lagging sectors included machinery, healthcare distributors, biotech, chemicals, insurers, and telecom, while airlines, REITs, discount
ETFsector.com Daily Trading Outlook, September 6, 2024 Read More »
US equities closed mixed on Wednesday. The Dow rose 0.09%, while the S&P 500, Nasdaq, and Russell 2000 all saw slight declines. Stocks tried to rebound but failed to hold gains after the S&P 500’s significant drop on Tuesday, the third worst of the year. Treasuries rallied with a steepening yield curve, and the 2/10
ETFsector.com Daily Trading Outlook, September 5, 2024 Read More »
ETFsector.com Daily Trading Outlook, September 4, 2024 US equities closed sharply lower on Tuesday, with the Dow down 1.51%, the S&P 500 down 2.12%, the Nasdaq down 3.26%, and the Russell 2000 down 3.09%. This marked the worst session for the S&P 500 and Nasdaq since August 5th. At the sector level, XLK was the
ETFsector.com Daily Trading Outlook, September 4, 2024 Read More »
Stocks closed higher on Friday, marking the fourth consecutive month of gains. The S&P 500 rose 1%, with 76% of its stocks gaining, and finished August with a 2.3% increase, bringing its year-to-date gain to 18.4%. The Dow Jones Industrial Average rose 0.6%, hitting its fourth all-time high this week, while the Nasdaq composite gained
ETFsector.com Daily Trading Outlook, September 3, 2024 Read More »
The Dow Jones Industrial Average hit a record high on Thursday, rising 243.63 points (0.59%) to close at 41,335.05, boosted by gains in Goldman Sachs, Intel, and Visa. The S&P 500 finished just below flat at 5,591.96, while the Nasdaq Composite fell 0.23% to 17,516.43. At the sector level XLE led on the day adding
ETFsector.com Daily Trading Outlook, August 30, 2024 Read More »
The tech-heavy Nasdaq Composite fell 1.12%, the S&P 500 dropped 0.6% and the Dow trimmed 0.39% on Wednesday. At the sector level, XLF and XLV led while XLY and XLK were the biggest laggards. Conforming to recent trends, Value and min vol. were outperforming factors on the day as they generally have been in 2024
ETFsector.com Daily Trading Outlook, August 29, 2024 Read More »
US equity indices edged positive Tuesday afternoon to finish at best levels of the day. Markets likely will tread water into NVDA earnings after the bell on Wednesday. Tuesday saw the Dow add 0.02% as the S&P 500 and Nasdaq both gained 0.16%. At the sector level XLE and XLU were laggards for the day
ETFsector.com Daily Trading Outlook, August 28, 2024 Read More »
Equities closed mixed across the major US indices. The Dow added 0.16% while the S&P 500 fell 0.32% and the Nasdaq Composite pulled back 0.85%. TSLA and NVDA gave back some of Friday’s big gains while CVX helped to boost energy shares higher. At the sector level, XLE and XLB were strong performers as Crude
ETFsector.com Daily Trading Outlook, August 27, 2024 Read More »
Equities closed the week with a flourish as the Nasdaq responded to Thursdays decline by leading large cap. equities higher on Friday adding 1.47% while the S&P 500 was up 1.15%, the Dow gained 1.14% and the Russell 2000 surged 3.19% and nearing highs for the year. At the sector level XLY, XLRE and XLK
ETFsector.com Daily Trading Outlook, August 26, 2024 Read More »
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