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The Nasdaq-100 is sputtering as investors shed growth stocks, but a handful of value names are breaking out. The iShares Russell 1000 Growth ETF (IWF) is down about 7 percent so far in January, while the iShares Russell 1000 Value ETF (IWD) is little changed. The 7...
Financial stocks are on the move as changing sentiment draws money back to a forgotten corner of the market. The SPDR Financial ETF (XLF) closed at a six-month high yesterday, and has risen 3.5 percent in the last week. That's the biggest gain for any of the 11 major...
Payrolls rose 164,000 after an upwardly revised 135,000 advance, according to the Labor Department data announced earlier today. The jobless rate fell to 3.9 percent, the lowest since December 2000, after six months at 4.1 percent. Average hourly earnings increased...