|Bid||0.00 x 3100|
|Ask||0.00 x 1200|
|Day's Range||69.63 - 70.63|
|52 Week Range||60.25 - 76.27|
|PE Ratio (TTM)||23.33|
|Beta (3Y Monthly)||0.99|
|Expense Ratio (net)||0.14%|
Stocks (^DJI, ^GSPC, ^IXIC) drop as Apple slips, Saudi issues flare up. The real estate (XLRE) sector is the most in the green, and the technology (XLK) sector is the most in the red. Yahoo Finance’s Scott Gamm joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith and Zack Guzman are joined by Yahoo Finance editor-in-chief Andy Serwer, Myles Udland, Brian Sozzi, and Emily McCormick. ...
Stock indexes were mixed Monday afternoon, with the technology sector acting as a major drag and retail stocks mixed after weak September sales.
A level of 9.75% means that the outsized selling is likely overdone, which should trigger a reversal. This morning, I went through our data to see what the forward returns were for the Technology Select Sector SPDR ETF ( XLK) in each instance in which the ratio spikes through 8% (big selling).
Gold, Miners Have Surged on the Market Rout—What’s the Upside? In the current sell-off, technology companies (XLK) (SMH) are leading the decline. Investors’ stretched valuation concerns have been especially acute in the US tech space, meaning that tech stocks are much more vulnerable to higher interest rates.
Despite SQ stock being down 25% over the past five days of trading, it’s still up 108% year to date as of this writing. According to Finviz.com, SQ stock is the seventh best performing tech stock (market cap $2 billion) year to date in 2018 out of 325 companies. It also makes sense to consider why SQ stock has fallen.