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Tech Unwind Continues as Traders Wait for the Fed

Tech Unwind Continues as Traders Wait for the Fed

Technology stocks are still falling as investors wait for big news events like inflation and the Federal Reserve. The Nasdaq-100 shed 5.9 percent of its value in the holiday-shortened period between Friday, August 30, and Friday, September 6. It was the biggest weekly...

Stocks Keep Running as Inflation Fades and Apple Breaks Out

Stocks Keep Running as Inflation Fades and Apple Breaks Out

Stocks are hitting new highs as inflation eases and Apple breaks out. The S&P 500 rose 1.6 percent between Friday, June 7, and Friday, June 14. It was the second consecutive positive week, and the second straight record weekly closing high. The technology-heavy...

Dovish Fed and Strong Earnings Drive Stocks to Another Record

Dovish Fed and Strong Earnings Drive Stocks to Another Record

Stocks just had their best week of the year, thanks to a dovish Federal Reserve and strong earnings. The S&P 500 rose 2.3 percent between Friday, March 15, and Friday, March 22. It was the biggest gain since mid-December and followed two weeks of modest declines....

Stocks Churn Near Highs as Markets Look for June Rate Cut

Stocks Churn Near Highs as Markets Look for June Rate Cut

Stocks keep making new highs as investors feel more confident about inflation and interest rates. The S&P 500 traded above 5150 for the first time, but inched lower to end last week down 0.3 percent. The Nasdaq-100 traded similarly, with chip stocks like Nvidia...

Stocks Break Out as AI Boom Fuels Tech Rally

Stocks Break Out as AI Boom Fuels Tech Rally

Stocks are breaking out to new highs as the Artificial Intelligence boom widens. The S&P 500 rose 1.2 percent in the holiday-shortened week between Friday, January 12, and Friday, January 19. The index closed at a new all-time high for the first time in over two...

‘Inflation Has Eased.’ Stocks Near Highs as Fed Signals Rate Cuts

‘Inflation Has Eased.’ Stocks Near Highs as Fed Signals Rate Cuts

Stocks are clawing toward record levels after the Federal Reserve confirmed hopes of a soft landing. The S&P 500 rose 2.5 percent between Friday, December 8, and Friday, December 15. The index has advanced for seven straight weeks and is just 2 percent below its...

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Money is streaming into abandoned corners of the stock market as yearend approaches. Are investors finally shifting away from megacap growth names like Apple and Microsoft? The S&P 500 rose 0.8 percent between Friday, November 24, and Friday, December 1. It was...

Nasdaq Powers to 3-Month High as Fears Keep Dissolving

Nasdaq Powers to 3-Month High as Fears Keep Dissolving

Big growth stocks are continuing their rebound as fears dissolve and investors put money to work before yearend. The S&P 500 rose 1.3 percent between Friday, November 3, and Friday, November 10. The index was little changed for most of the week before clawing...