U.S. stock index futures fell on Thursday as a tight labor market and Federal Reserve Chair Jerome Powell's remarks fueled worries about sharp interest rate hikes, while investors awaited a key jobs report that could determine the Fed's policy path.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund launched on 12/16/1998.
U.S. stock index futures fell on Thursday as labor market strength and Federal Reserve Chair Jerome Powell's remarks keep investors worried about rate hikes as they await a key jobs report that could determine the Fed's policy path.
Few long-term growth trends have captivated the attention of investors quite like the electrification of consumer and enterprise vehicles. With most developed countries wanting to reduce their carbon footprint, pushing clean-energy transportation is one of the most direct ways to
For Immediate ReleaseChicago, IL – March 9, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your l
The S&P 500 index closed slightly higher while the Dow dipped on Wednesday as investors grappled with mixed messages from Federal Reserve Chair Jerome Powell and U.S. economic data ahead of upcoming labor and inflation reports that are expected to determine the central bank's future rate hiking path.
The S&P 500 index closed slightly higher on Wednesday as investors grappled with mixed messages from Federal Reserve Chair Jerome Powell and U.S. economic data ahead of upcoming labor and inflation reports that are expected to determine the central bank's future rate hiking path.
The S&P 500 index edged lower on Wednesday as investors grappled with mixed messages from Federal Reserve Chair Jerome Powell and U.S. economic data ahead of February's labor and inflation reports.
The stock market has had the jitters this week, and Wednesday didn't give investors much more in the way of confidence. Extremely high expectations for short-term interest rates have more people convinced that a recession is imminent, and that sent some market benchmarks lower. T
The National Highway Traffic Safety Administration (NHTSA) on Wednesday said it is opening a new special investigation into a February fatal crash in California involving a Tesla Model S where an advanced driver assistance system was suspected of having been used.
The S&P 500 edged up on Wednesday after Federal Reserve Chair Jerome Powell did not commit to a 50 basis point rate hike in March, but strong labor market readings supported views that the U.S. central bank will stick to its hawkish policy for longer.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 6,450,000 units were destroyed, or a 2.0% decrease week over week.
Piedmont Lithium Inc's shares rebounded from early losses on Wednesday sparked by comments from short seller Blue Orca Capital, which alleged that mining licenses in Ghana obtained by a company it invested in were through what appeared to be "textbook corruption".
In early trading on Wednesday, shares of CrowdStrike Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.7%. Year to date, CrowdStrike Holdings registers a 23.1% gain.
Piedmont Lithium Inc's shares fell 5% in early trading on Wednesday after short seller Blue Orca Capital alleged that mining licenses in Ghana obtained by a company it invested in were through what appeared to be "textbook corruption".
In early trading on Wednesday, shares of Occidental Petroleum topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, Occidental Petroleum registers a 0.5% gain.
U.S. stock indexes struggled for direction on Wednesday as investors worried about a potential recession, a day after comments from Federal Reserve Chair Jerome Powell fueled bets of sharper rate hikes.
Tesla will eliminate the use of rare earths in its next-generation electric vehicles (EV). The big reveal at the company's investor day last week caused a sell-off in shares of both Chinese and Western
producers.