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The selloff in growth stocks worsened last month as a perfect storm of rising rates, geopolitical risk and poor earnings hammered the Nasdaq-100. The technology-heavy index plunged 13 percent in April, its biggest monthly drop since October 2008. Other benchmarks like...
Stocks climbed again last week as investors kept piling into the technology sector. Is a breakout coming next? The S&P 500 rose 1.8 percent between Thursday, July 2, and Friday, July 10. The index closed at its highest level in a month as the economy improved and...
Markets had their biggest rally since the start of the year today, led by an unexpected sector. Housing stocks ripped over 4 percent, more than triple the gain of the broader S&P 500. That landed the iShares US Home Construction ETF (ITB) at its highest level...
Stocks are finishing their worst year in a decade, but there were still plenty of winners. Let's run through the best and worst performers of in the S&P 500 index over the course of 2018. All numbers are current based on yesterday's close. Biggest Stock Market...
Technology stocks rebounded sharply yesterday, but recent earnings reports show problems multiplying in the sector. Just look at Amazon.com (AMZN), Alphabet (GOOGL) and Facebook (FB). All three missed revenue estimates, potentially marking an end to years of solid...