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Dow Jones Today: Stock Futures Rise Ahead of Highly Anticipated Jobs Report

Stock futures moved higher Friday ahead of the release of U.S. labor market data that Federal Reserve officials will be watching closely as they consider their next move on interest rates. Stock futures edged higher on Friday morning, with investors focused on the upcoming U.S. labor market data, which Federal Reserve officials will scrutinize as…

ByPexecoOctober 4, 20240Comments

News

Can the ‘Magnificent Seven’ Stocks Recover?

KEY TAKEWAYS The "Magnificent Seven" on Friday notched their fifth consecutive week of losses, the group's longest losing streak since 2022. The group has been hammered in recent weeks by fears about a U.S. recession fears and overspending on artificial intelligence. Analysts have mostly characterized the recent selloff as a natural pullback that, to some,…

ByPexecoAugust 11, 20240Comments

Stocks

Why a $70B Fund Will Likely Load Up on Nvidia Stock, Dump Apple This Week

KEY TAKEWAYS The Technology Select Sector SPDR Fund (XLK) will likely be forced to buy billions of dollars worth of Nvidia stock—and dump a similar amount of Apple—when it rebalances this week. Nvidia’s weight in the ETF is expected to nearly quadruple after its float-adjusted market cap exceeded Apple’s at the end of last week.…

ByPexecoJune 18, 20240Comments

TOP Stocks

Top Stocks To Watch in June

The S&P 500 this year had its best May since the rip-roaring days of 2020, rising 4.8% over the month. However, much of that gain came at the beginning of the month as Wall Street cheered encouraging economic data and a slew of earnings reports showing the resilience of corporate earnings. The ebullience fizzled out…

ByPexecoJune 4, 20240Comments

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Dow Jones Today: Stock Futures Rise Ahead of Highly Anticipated Jobs Report

Can the ‘Magnificent Seven’ Stocks Recover?

Why a $70B Fund Will Likely Load Up on Nvidia Stock, Dump Apple This Week

Top Stocks To Watch in June