Persistently high mortgage rates and limited housing inventory continue to be major challenges for the housing sector within the economy. According to Redfin CEO Glenn Kelman, as quoted on Yahoo Finance, the only cause of any reli
Tech stocks were lower late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 2% and the Philadelphia Semiconductor index shedding 2.4%.
Brian Bolan is the aggressive growth stock strategist at Zacks Investment Research and he has two more stocks for your aggressive growth radar screen. Both of these names are in the oil patch and Brian believes that the price of o
Tuesday, October 3, 2023The 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 Inc. (BRK.B), Broadcom I
Tech stocks were lower Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the Philadelphia Semiconductor index each falling about 1.7%.
The construction industry has displayed considerable resilience amid broader macroeconomic headwinds this year. Despite challenges in the U.S. economy, construction activity has continued to thrive, reinforced by various factors d
In September 2023, the ISM Manufacturing PMI rose to 49 from the previous month's 47.6, beating market expectations of 47.8. This improvement pointed to the slowest contraction in the United States manufacturing sector over the pa
Stocks recently posted their worst month and first negative quarter of 2023 as the possibility of interest rates remaining higher for longer weighed on investors' sentiment.
In the face of higher rate fears for a longer period and soaring yields, Wall Street has shown strong resilience this year, underscoring economic optimism and steady inflows.There have been winners from many corners of the investi
Overall, ETFs pulled in $329 billion in capital in the first nine months of 2023. With this, the ETF industry is on track to hit $438 billion in inflows this year if the trend continues. U.S. equity ETFs led the way higher with $1
For investors seeking momentum, FolioBeyond Alternative Income and Interest Rate Hedge ETF RISR is probably on radar. The fund just hit a 52-week high and is up 13.1% from its 52-week low price of $29.64/share.But are more gains i
For investors seeking momentum, iShares MSCI India Small-Cap ETF SMIN is probably on radar. The fund just hit a 52-week high and is up 29.9% from its 52-week low price of $48.11/share.
The S&P 500 witnessed its worst month of 2023, losing 5% in September. With this, 2023 marked the fourth year in a row that the S&P 500 logged losses in September, per data from Deutsche Bank.Fears of higher rates for a lo
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
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