Technology stocks still were losing ground this afternoon, with the SPDR Technology Select Sector ETF declining 0.7% although the Philadelphia Semiconductor Index was rising 0.4%.
The last week of April could prove to be a key test of the market’s coronavirus comeback, with tech titans from Apple AAPL to Amazon AMZN, as well as McDonald’s MCD and other giants all set to report their quarterly earnings results. Meanwhile, governments all over the world
Technology stocks were falling in midday trading with the SPDR Technology Select Sector ETF down 0.7%, though the Philadelphia Semiconductor Index was up 0.1%.
As the coronavirus pandemic continues to wreak havoc on the global stock market, the healthcare industry, which is part of the medical sector, is too reeling under its adversity.However, the immediate impact of the COVID-19 outbreak is expected to have been less severe on first-
The insurance industry, which broadly encompasses life and property plus casualty (PC) insurers, has been dealt a crushing blow by the COVID-19-led adversity. Life insurers are particularly hit by the very low interest rate levels, given their exposure to products that provide g
The Medical sector (one of the 16 broad Zacks sectors within the Zacks Industry classification) space seems to have shown more resilience compared to others in the first quarter. This can be attributed to continued strong business generation from emergency medical procedures tha
The Zacks Construction sector has performed pretty well so far this earnings season, backed by robust housing market dynamics and increased public sector construction activity.In most part of the quarter, the residential construction space witnessed solid demand on lower interes
A number of major defense contractors are expected to release their financial numbers this week. Notably, Hexcel Corporation HXL started Q1 earnings for the defense space on Apr 20 on a mixed note. The company missed estimates for earnings but surpassed the same for revenues.
Coronavirus outbreak remains a major factor while assessing the performance of upcoming technology stocks’ quarterly releases.Weakness in automobile and PC verticals amid sluggish spending patterns and economic crisis is likely to have weighed on the business prospects of the
Designed to provide broad exposure to the Broad Emerging Market ETFs category of the market, the iShares Emerging Markets Dividend ETF (DVYE) is a smart beta exchange traded fund launched on 02/23/2012.
Large Cap Value fund seekers should consider taking a look at American Funds Washington Mutual Investors F (WSHFX). WSHFX possesses a Zacks Mutual Fund Rank of 2 (Buy), which is based on nine forecasting factors like size, cost, and past performance.
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