By Lizzy Gurdus, CNBC Big Tech has become a drag on the broader market. Shares of Microsoft, Facebook, Apple and Google parent Alphabet fell on Friday, weighing on the major averages ahead of the busiest week of earnings season. Microsoft reported earnings this week and received a mixed reaction from Wall Street. Facebook is scheduled to report Wednesday, while Apple...
By Lizzy Gurdus, CNBC Big Tech has become a drag on the broader market. Shares of Microsoft, Facebook, Apple and Google parent Alphabet fell on Friday, weighing on the major averages ahead of the busiest week of earnings season. Microsoft reported earnings this week and received a mixed reaction from Wall Street. Facebook is scheduled to report Wednesday, while Apple...
The bulls had to know they were playing with fire, with stocks up nearly 50% from March's low, yet struggling to break past June's peak. We now know the profit-takers were just waiting to sell into that pivotal breakout… a move that ended up only being a fakeout. Just when it looked like the bulls were ready for another go-around,...
The bulls had to know they were playing with fire, with stocks up nearly 50% from March's low, yet struggling to break past June's peak. We now know the profit-takers were just waiting to sell into that pivotal breakout… a move that ended up only being a fakeout. Just when it looked like the bulls were ready for another go-around,...
– 'While the cynics obsess over the negatives, the market continues focusing on the positives,' and the S&P 500 is closing in on a record high – By Shawn Langlois, MarketWatch Headlines splashed across the financial news outlets these days would have you believe the stock market is on the verge of collapse after its monster rally from the lows...
– 'While the cynics obsess over the negatives, the market continues focusing on the positives,' and the S&P 500 is closing in on a record high – By Shawn Langlois, MarketWatch Headlines splashed across the financial news outlets these days would have you believe the stock market is on the verge of collapse after its monster rally from the lows...
– The S&P 500 just enjoyed its greatest weekly outperformance against the tech-heavy Nasdaq Composite in four years – By Mark DeCambre and William Watts, MarketWatch The S&P 500 just enjoyed its greatest weekly outperformance against the tech-heavy Nasdaq Composite in four years The tyranny of the behemoth technology stocks, which has supported the overall U.S. equities market since March,...
– The S&P 500 just enjoyed its greatest weekly outperformance against the tech-heavy Nasdaq Composite in four years – By Mark DeCambre and William Watts, MarketWatch The S&P 500 just enjoyed its greatest weekly outperformance against the tech-heavy Nasdaq Composite in four years The tyranny of the behemoth technology stocks, which has supported the overall U.S. equities market since March,...
By Lizzy Gurdus, CNBC Homebuilding stocks have been building on their gains. The group inched higher in Friday's premarket trading session after homebuilder sentiment rose to record highs, a sign that business was seeing a significant recovery from coronavirus shutdowns. The chart of the iShares U.S. Home Construction ETF (ITB), which tracks the group, is equally encouraging, Miller Tabak chief...
By Lizzy Gurdus, CNBC Homebuilding stocks have been building on their gains. The group inched higher in Friday's premarket trading session after homebuilder sentiment rose to record highs, a sign that business was seeing a significant recovery from coronavirus shutdowns. The chart of the iShares U.S. Home Construction ETF (ITB), which tracks the group, is equally encouraging, Miller Tabak chief...
