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Two tech giants are moving in two very different directions as we enter the home stretch for the third quarter. Apple (AAPL) has appreciated 22 percent since the end of June. That makes it the second-best performer in the SPDR Technology Fund (XLK), with only Advanced...
The U.S. bull market's winning run continued last week as the S&P 500 broke out to new highs. The index rose 0.9 percent between Friday, August 24, and Friday, August 31 -- its eighth gain in the last nine weeks. The benchmark also advanced 3 percent in August,...
Semiconductors have been a weak spot in technology for most of the year. But now the group may be trying to break out. The Market Vectors Semiconductor ETF (SMH) is challenging an old peak from earlier this month. It comes at a time when the broader technology sector...
A good earnings season ended on a weak note, thanks to dinosaur consumer stocks. Traditional retailers and food stocks are down sharply as changes in the ecosystem continue to weigh on sentiment. Some beat estimates, others missed. Either way, investors looked for...
Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new 52-week highs in the last two sessions. It's now pushing back to price areas last seen in the summer of 2015....
Tech stocks keep jumping as stocks nudge higher. Yesterday, we covered how names like Apple (AAPL) and Cisco Systems (CSCO) were sneaking to new highs. Today that trend continued as other prominent technology stocks also hit new records. First and foremost is...
It's pretty quiet today as stocks drift aimlessly before Labor Day. Dog days of summer? More like the sloth days ... Still, some members of the Dow Jones Industrial Average are melting to new highs even as the broader market snoozes in the shade. Here's a quick tool...
Global stocks have been a hot mess all summer, but some recent events may suggest the tide is turning. Over the weekend, for instance, China allowed its currency to appreciate against the U.S. dollar. That's being viewed as a sign Beijing won't deploy yuan devaluation...
As the saying goes: Records were made to be broken. Just take the market last week. The S&P 500's decade-long bull run surpassed the lifespan of its previous upward journey in the 1990s. Another record fell on Tuesday, when the Russell 2000 Index hit a new...