Investors finally had some bargains to consider on Tuesday, which allowed the market to recover nearly all of yesterday’s sharp selloff. Meanwhile, earnings season reached another gear after the bell when the first FAANG reported.
And just like that, everybody is happy
All three major U.S. indexes surged Tuesday, quickly rebounding from Monday’s rough session that marked the continuation of a recent pullback. The Dow and the Nasdaq both jumped 1.6% on the day, while the S&P 500 climbed 1.5% higher. The ultra-fast rebound highlights
Tuesday, July 20, 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 Berkshire Hathaway (BRK.B), PayPal Holdings (PYPL) and Procter & Gamble (PG). These
The U.S. housing sector has disappointed once again with the release of latest data. Persistent headwinds of rising material prices along with supply chain and labor shortages continue to take a toll on builder confidence, which slipped to its lowest level since August 20
For investors looking for momentum, iShares TIPS Bond ETF TIP is probably a suitable pick. The fund just hit a 52-week high and is up 4.9% from its 52-week low price of $123.51/share.
Technology stocks extended their Tuesday advance this afternoon, with the SPDR Technology Select Sector ETF rising 1.9% while the Philadelphia Semiconductor Index was advancing 2.0%.
Technology stocks were beginning to catch up with the broader Tuesday markets, with the SPDR Technology Select Sector ETF rising 1.7% while the Philadelphia Semiconductor Index was advancing 1.6% this afternoon.
Bitcoin enthusiast and Twitter CEO Jack Dorsey recently put his mobile payments company Square at the center of one of the most talked about areas of innovation in finance.
Water is essential to life, and while we usually take it for granted, it is a precious commodity with a limited supply. Population growth, pollution, and climate change are leading to shortages of clean and accessible freshwater.
The financial sector, which accounts for around one-fifth of the S&P 500 Index, had a decent Q2. Let’s take a look at the big banks’ earnings which released lately.
Semiconductors have shown strong resilience amid the coronavirus pandemic on the stay-at-home trend, which has bolstered the demand for gaming chips and data center business. However, the tech sell-off in May led to a brutal decline in chip stocks.As such, iShares PHLX Se
Between negative-yielding bonds, the frothy equity market and looming inflation, institutional asset allocators have been forced to look for alternative means of generating yield.
The European Union is taking action to help stop them by proposing a new ambitious anti-money laundering (AML) package. Through the proposed package, the EU establishes a more risk-based regulatory framework, broadens its scope and clarifies requirements.
After the closing bell on Jul 19, International Business Machines IBM reported blowout second-quarter 2021 results wherein it came up with earnings and revenue beat. The company reported its biggest quarterly sales growth in three years on the back of strong growth in its