|Day's Range||14.29 - 14.29|
U.S. stocks rose Friday, recovering after three consecutive session of losses. Comments from Chinese President Xi Jinping underscored Beijing’s hopes of getting a trade deal done with the U.S.
Technology stocks and sector-related exchange traded funds have been enjoying one of their best years yet as the continued broad market rally fueled the continued demand for growth names. Year-to-date, the tech-heavy Invesco QQQ Trust (QQQ) increased 32.4% and the largest tech-related ETF by assets, Technology Select Sector SPDR Fund (XLK) , advanced 42.6%. The tech gains came despite concerns like controversies over how big tech companies have handled user data, antitrust hearings on Capitol Hill and U.S.-China trade tariffs targeting consumer devices.
U.S. markets and stock ETFs slipped Tuesday as dismal updates from retailers weighed on investor sentiment. On Tuesday, the Invesco QQQ Trust (QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF (DIA) was down 0.3% and SPDR S&P 500 ETF (SPY) was flat. The S&P 500 and Dow Jones Industrial Average pulled back from their record levels after weak earnings reports out of Home Depot and Kohl's pressured the consumer outlook, Reuters reports.
U.S. markets and stock exchange traded funds recovered early morning loses after Washington extended an allowance for companies to do business with telecom giant Huawei in a bid to ease tensions with the ongoing United States and China trade talks. On Monday, the Invesco QQQ Trust (QQQ) was up 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1%, and SPDR S&P 500 ETF (SPY) was 0.1% higher as the S&P 500 was on pace to hit fresh record highs and the Nasdaq was also closing in on its all-time level.
U.S. markets and stock ETFs rallied Friday as optimism over a United States and China trade deal lifted equities to new highs. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.6%, SPDR Dow Jones ...
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
October Retail Sales and Import Prices were decent, while November's Empire State Index and Industrial Production and Capacity Utilization were weaker than expected.
U.S. markets and stock ETFs were paring earlier losses after a weak outlook from technology bellwether Cisco Systems fueled concerns over the global economy. On Thursday, the Invesco QQQ Trust (QQQ) was down 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) was flat and SPDR S&P 500 ETF (SPY) was 0.1% higher. Cisco shares experienced their worst pullback in about three months after the tech company projected its first quarterly revenue decline in over two years and profit below expectations as the increased global economic uncertainties kept clients away from purchasing more routers and switches, Reuters reports.
The S&P 500 edged up to a record closing high at the end of a choppy day of trading. The Dow was off just slightly as declines in shares of Cisco weighed on the 30-stock index.
BMO and REX Shares via MicroSectors today launched the MicroSectors FANG+ Exchange Traded Note (FNGS), the first and only FANG+ linked ETN. The NYSE® FANG+™ Index includes 10 highly liquid stocks that represent industry leaders across today’s tech and internet/media companies, including Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL), at 10% each. The goal is to provide a better barometer of tech.
Likelihood of a soon-to-be-signed U.S.-China trade deal, upbeat holiday season sales expectations and decent earnings have led the Nasdaq-100 ETF to a new high.