US stocks trending higher day after both Nasdaq and S&P set records

U.S. equity futures are trending higher after the S&P notched its 53rd record close of the year Monday as technology stocks lifted major indexes.

Stocks in this Article

$35369.09

-74.73 (-0.21%)

$15363.515931

+32.34 (+0.21%)

On Wall Street on Monday, gains for several Big Tech stocks helped push the S&P 500 and the Nasdaq composite to more record highs. The S&P 500 added 19.42, or 0.4%, to close at 4,528.79 The Dow fell 55.96 points, or 0.2%, to 35,399.84 and the Nasdaq composite rose 136.39 points, or 0.9%, to 15,265.89.

Technology stocks, which benefit from

Read more Read More

How to Find Strong Buy Computer and Technology Stocks

It doesn’t matter if you’re a growth, value, income, or momentum-focused investor — building a successful investment portfolio takes skill, research, and a little bit of luck.

But how do you find the right combination of stocks? Funding your retirement, your kids’ college tuition, or your short- and long-term savings goals certainly requires significant returns.

Enter the Zacks Rank.

What is the Zacks Rank?

A unique, proprietary stock-rating model, the Zacks Rank uses earnings estimate revisions, or changes to a company’s earnings expectations, to help investors create a winning portfolio.

There are four main factors behind the Zacks Rank: Agreement,

Read more Read More

Is Diodes (DIOD) Outperforming Other Computer and Technology Stocks This Year? – August 23, 2021

Investors focused on the Computer and Technology space have likely heard of Diodes (DIOD Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DIOD and the rest of the Computer and Technology group’s stocks.

Diodes is a member of our Computer and Technology group, which includes 630 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16

Read more Read More

‘Day of reckoning’ is coming for high-flying tech stocks: Wells Fargo

Wells Fargo Securities’ Chris Harvey is doubling down on his Big Tech warning, saying a “day of reckoning” is ahead.

He’s urging investors to take profits in light of risks associated with rising interest rates.

“The premium that you’re paying is still exceptionally high,” the firm’s head of equity strategy told CNBC’s “Trading Nation” on Friday. “We believe that premium has got to compress. Two, we think that the next 25 basis point move in the 10-year [Treasury Note yield] is… up not down.”

After a surge earlier this year, the 10-year yield is trending lower. It ended the week

Read more Read More

China tech stocks set for worst month since global financial crisis

Chinese equities updates

Chinese technology stocks listed in the US are set for their worst month since the global financial crisis after investors dumped shares following a regulatory crackdown by Beijing.

The Nasdaq Golden Dragon China index, which tracks Chinese tech stocks listed in New York, has fallen 22 per cent in July, putting it on course for its biggest monthly fall since 2008. Shares in Chinese internet groups Tencent and Alibaba have dropped about 16 per cent and 10 per cent respectively.

The

Read more Read More

US stocks trending higher as almost 50 S&P members to report 2nd quarter earnings

U.S. equity futures are pointing to gains ahead of almost 50 members of the S&P 500 set reporting second quarter earnings, including several energy and health care names.

Stocks in this Article

$14698.481469

+17.41 (+0.12%)

Consumer-related companies like Clorox, Under Armour and Ralph Lauren will also post results, along with travel-related plays such as Marriott Intl., Caesars Entertainment, Hyatt Hotels, Host Hotels, Avis and Lyft. 

Wall Street’s benchmark S&P 500 index closed lower, weighed down by declines for tech, energy, industrial and communications stocks.

CHINA’S DIDI DENIES REPORT OF PLAN TO BUY BACK SHARES

Read more Read More

Has Applied Materials (AMAT) Outpaced Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of Applied Materials (AMAT), but is the stock performing well in comparison to the rest of its sector peers? Let’s take a closer look at the stock’s year-to-date performance to find out.

Applied Materials is a member of the Computer and Technology sector. This group includes 629 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of

Read more Read More