In early Thursday trading, U.S. equity futures decreased while Treasury bond yields stayed high following the Federal Reserve’s careful approach to interest rates, causing investors to pause.
Consolidation at the sector level is getting long in the tooth, but we continue to give the Technology shares the benefit of the doubt.
Palantir Technologies stock on the NYSE has had a strong performance, increasing over 3.5 times since the start of the year to around $63 currently.
The S&P 500 is considered the most comprehensive indicator of the U.S. stock market because it comprises the 500 largest publicly traded companies in the country. Due to its extensive coverage…
S&P futures are down 0.5% in Friday morning trading, following a lower close for U.S. equities on Thursday. Small-caps, pharma, biotech, and EVs lagged, while entertainment, semiconductors, airlines, builders, and dollar stores outperformed. Treasuries are firmer, though yields remain higher for the week. The Dollar index is down 0.2% but up 1.5% for the week.
ETFsector.com Daily Trading Outlook, November 15, 2024 Read More »
S&P futures are up 2.2% Wednesday morning, following a broad rally Tuesday with all major U.S. indexes rising over 1%. In global markets, Asian trading was mixed as Japan climbed over 2.5% and Hong Kong dropped more than 2%, while European markets gained nearly 1%. Treasuries faced pressure with a bear-steepening curve; the 10-year yield
ETFsector.com Daily Trading Outlook, November 6, 2024 Read More »
S&P futures up 0.2% in Tuesday morning trading. Comes after US equities finished mostly lower in quiet, lower volume session on Monday. Banks, credit cards, power, airlines, hotels and select managed care lagged. Energy, REITs, retail, builders, autos and solar outperformed. Treasuries weaker after strengthening on Monday. Dollar index down 0.2%. Gold up 0.1%. Bitcoin
ETFsector.com Daily Trading Outlook, November 5, 2024 Read More »
We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector
The feedback on Advanced Micro’s latest release is divided among analysts.
Analyst changes AMD stock price target following AI event. Read More »
The feedback is varied and not entirely positive. Analysts have differing opinions on Advanced Micro’s performance.
Analyst revises AMD stock price target following AI event. Read More »
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