Wall Street was set to open higher on Thursday as weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would push to ease strict stay-at-home restrictions.
U.S. stock index futures edged higher on Thursday, as hopes President Donald Trump would ease strict stay-at-home restrictions lifted the mood even as investors braced for another staggering jobless claims figure.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Turning Point Brands Inc (Symbol: TPB), where a total volume of 1,313 contracts has been traded thus far today, a contract volume which is representative of ap
The best performing sector as of midday Tuesday is the Technology & Communications sector, higher by 3.4%. Within the sector, Autodesk Inc (Symbol: ADSK) and Advanced Micro Devices Inc (Symbol: AMD) are two large stocks leading the way, showing a gain of 7.9% and 7.0%, re
In trading on Tuesday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Advanced Micro Devices, up about 7.1% and shares of Cirrus Logic, up about 5.8% on the day.
The S&P 500 has recently started recovering some of its losses after the past six weeks of brutal stock market turmoil in the wake of the COVID-19 pandemic, but the index is still down about 15% compared to where it was at the beginning of the year.
Over the past decade since the last financial crisis of 2008, growth stocks have handily outperformed value stocks. This has been due to a number of factors, including low interest rates and tepid economic growth, which puts a premium on stocks that can actually grow. Lower inte
NVIDIA (NASDAQ: NVDA), like other tech stocks, took a hit in 2020 amid COVID-19-related sell-offs. The company has long driven sales by leading the industry in the manufacture of graphics processing units (GPU). Applying some of its GPU technology advances in other areas has led