-- Gold prices fell in Asian trade on Tuesday, sticking to a tight trading range in the low $2,300s as recent strength in the dollar and anticipation of key inflation data kept traders averse to the yellow metal.
Nvidia's (NVDA) stock slump — down by 9% over the last five trading days — dragging down tech-heavy indexes (^DJI, ^IXIC, ^GSPC) along with it. Yahoo Finance's The Morning Brief welcomes Commonwealth Financial Network CIO Brad McMillan to talk about recent trends in the tech sector and major chip players. "When you look at the underlying trends, there are some companies coming up underneath Nvidia in the in the artificial intelligence [AI] market. But at the same time Nvidia is still amazingly dominant," McMillan explains. "So, you know a little bit of a pullback, that doesn't worry me necessarily in the short term as long as the trends remain positive and they are. And those other companies give you other opportunities going forward." McMillan also weighs in on opportunities in small-cap stocks (^RUT) and the Federal Reserve's interest rate approach to inflation. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
It's the final trading week of June and stocks (^DJI, ^IXIC, ^GSPC) open the Monday session mixed with the Dow Jones Industrial Average leading the charge with slight gains from the get-go. Morning Brief's Madison Mills and Brad Smith monitor the movements of the major market averages, the Technology Select Sector SPDR Fund (XLK), and Russell 2000 (^RUT), while Jared Blikre provides analysis of the broader market trends seen in the tech sector. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Trump’s stock rose nearly 25% midday Monday.
Semiconductor stocks have led the market rally, buoyed by the artificial intelligence (AI) drive.
Shares of Nvidia are rocketing to new heights, but investors can still get in on the action.
US homebuilders are navigating both higher mortgage rates as well as constrained capital for building projects. But there is another big labor factor the industry is trying to figure out. National Association of Home Builders (NAHB) CEO Jim Tobin explains the industry's high labor demand that could be filled by skilled immigrant workers. According to the NAHB's own Eye On Housing Report, data from 2022 suggests that "a third of all carpenters and 41% of construction laborers are of foreign-born origin" in the United States. "Our number one issue this year was about workforce development and immigration, which is so politicized right now. And it won't be until whoever we find out who the next president is, where we can really tackle the issue," Tobin says. later adding: "We want people who want to come into this country legally to come through in an orderly fashion. We want people who want to work in the construction industry to have a visa that allows them to work in our industry, just like they can work in the seasonal market, or they can work in agriculture." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
It’s hard to look past Nvidia (NASDAQ:NVDA) these days, but it’s important to remember that there are also plenty of other great semiconductor (chip) stocks out there. The VanEck Semiconductor ETF (NASDAQ:SMH) enables investors to gain exposure to both Nvidia and other attractive opportunities within the semiconductor space. I’m bullish on SMH based on its strong portfolio of top semiconductor stocks, which are performing well and harbor significant long-term growth potential, as well as its inc
Stocks (^DJI, ^IXIC, ^GSPC) appear mixed at Friday's session open, with the Dow Jones Industrial Average leading gains early in the trading day. Morning Brief's Brad Smith and Madison Mills monitor the five-day moving averages for the big three indexes, while Jared Blikre takes a look at sector gains and Nvidia's (NVDA) position in the Technology Select Sector SPDR Fund (XLK) ETF. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The winners are broad-based across the sectors, with technology being the star performer in the first half of 2024. Here, we present a bunch of top-performing ETFs from various corners of the market.