67.32 +0.51 (0.76%)
Pre-Market: 7:00AM EST
|Bid||66.91 x 1000|
|Ask||67.31 x 1000|
|Day's Range||66.25 - 66.90|
|52 Week Range||49.36 - 66.90|
|PE Ratio (TTM)||22.37|
|Expense Ratio (net)||0.14%|
This weekend's Barron's cover story features the first look at the outcome of the 2018 Barron's Roundtable. The panelists like the prospects for stocks, especially tech stocks, in 2018 in the wake of tax ...
Surprise surprise – stocks keep going up, with the major indices hitting new highs – as traders bet on growth. Plus – Dropbox reportedly files for an IPO – are the big private startups finally ready to play ball? And – Walmart the latest to give workers a tax cut fueled pay boost, but weren’t they going to do this anyway? Plus – RH has been on fire recently, but one fund manager who’s been short tells us why he’s staying the course. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
The technology sector seems fully emerged from the burst of the dot-com bubble. This is especially true as the ultra-popular Technology Select Sector SPDR ETF (NYSEARCA:XLK) hit record highs on Jan 9, surpassing the peak of the dot-com era in March 2000. The sector has been investors’ darling over the past couple of years given that the expanding economy and solid job prospects provide a nice boost to the economically sensitive growth sectors like technology that typically perform well in a maturing economic cycle.
The S&P 500 index (SPY) rebounded from its minor fall in the last week of 2017, posting the best weekly gain in more than 12 months for the week ended January 5, 2018. It’s likely that investors are preparing for the start of the fourth quarter’s earnings season since most companies are expected to announce the impact of tax cuts on their bottom lines. Looking at the individual sector performances, the technology sector (XLK) dominated the S&P index in the first week of 2018, rising 4.2%.
Apple (AAPL) shares are in focus today after it revealed all its Mac systems and iOS devices are affected by two recently disclosed processor flaws called Spectre and Meltdown. Checking out the chart, shares are up in midday trading. Sonic (SONC): The fast food chain reported a mixed earnings report, but that including earnings that beat street estimates, and the fast food chain also projected earnings growth in its fiscal 2018 outlook.
Stocks again power to new highs as the Dow pierces 25,000 for the first time. Catch The Final Round at 3:55 ET p.m. with Myles Udland and Dan Roberts.
The year 2017 will go down in history as a remarkable one, particularly for the financial markets. Although Wall Street braced for an unmitigated disaster in the form of President Donald Trump’s administration, the end result was surprising. The broader economy improved, sending most sector exchange-traded funds flying. Now, investment advisory firms are churning out lists of ETFs to buy as rapidly as they can write them.
Only minutes left to trade the bull market of 2017. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
Stocks are treading water as the Big A struggles for a second day. Plus, to pay or not to pay? That is the big question for property tax payers — and states are weighing in, too. And Tesla is under pressure as Wall Street doubts mount. Can CEO Elon Musk *get it together* and prove the haters wrong? Plus, Kanye goes Christmas shopping for Kim – not on Rodeo Drive, but on Wall Street. We reveal the shopping list. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance’s Rick Newman. Winners and losers
Yahoo Finance's Seana Smith and Jared Blikre breaks down the latest market action from the floor of the New York Stock Exchange.
Paul Meeks, Sloy, Dahl, and Holst CIO & portfolio manager, and Ian Winer, Wedbush Securities director of equity trading, discuss whether tech has more room to run in 2018.
Cathie Wood, Ark Investment Management CEO, discusses her stock picks for the new year. The “Fast Money Halftime Report” traders weigh in.