Technology stocks were hanging on for a narrow advance, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.3% although the Philadelphia Semiconductor Index was falling 0.6% this afternoon.
Majority Leader Chuck Schumer has been aiming to pass the bipartisan infrastructure bill this week. According to a CNBC report, he wants to pass both the infrastructure plan and a budget resolution before the chamber’s August recess. In fact, Schumer has pledged to postpo
Investors continue to pour money into ETFs at a record pace. US listed ETFs have already gathered more than $500 billion in net inflows year-to-date, surpassing the total for 2020. While fixed income ETFs gathered a lot of cash last year, most of new money this year has g
Thursday, August 5, 2021The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Medtronic plc (MDT), The Charles Schwab Corporation (SCHW), and Zoom Video Communicat
Technology stocks were gaining Thursday, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.4% although the Philadelphia Semiconductor Index was falling 0.5% this afternoon.
The solar industry, which is under pressure this year due to the supply crunch in global chips and rising panel prices, is shining brightly of late on rounds of upbeat earnings. This is especially true as the pure-play Invesco Solar ETF TAN has gained about 5.4% in a week
The stock trading app Robinhood HOOD showed a sharp turnaround after a lackluster debut on the Nasdaq last week. This is especially true as the stock spiked as much as 80% at one point of trading on Aug 4 and close up at 50.4%. The massive surge has temporarily halted the
Have you been paying attention to shares of Regional Management (RM)? Shares have been on the move with the stock up 28.8% over the past month. The stock hit a new 52-week high of $60.45 in the previous session. Regional Management has gained 98.6% since the start of the
Have you been paying attention to shares of nVent Electric (NVT)? Shares have been on the move with the stock up 8.2% over the past month. The stock hit a new 52-week high of $34.21 in the previous session. nVent Electric has gained 42.8% since the start of the year compa
Shares of Capri Holdings (CPRI) have been strong performers lately, with the stock up 10% over the past month. The stock hit a new 52-week high of $60.74 in the previous session. Capri Holdings has gained 38.9% since the start of the year compared to the -3.4% move for th
Shares of Eaton Corporation, (ETN) have been strong performers lately, with the stock up 6.3% over the past month. The stock hit a new 52-week high of $164.27 in the previous session. Eaton Corporation, has gained 34.7% since the start of the year compared to the 14% move
SPECIAL ALERT: Remember, we need your input to make next week’s new Zacks Ultimate Strategy Session episode the best it can be. There are two ways you can participate: 1) Zacks Mailbag: In this regular segment, Kevin Matras answers your questions ranging from current ma