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Stocks Pressured by Weakness in Chipmakers
Barchart47d agoneutral
Stocks Pressured by Weakness in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.54%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.38%. September E-mini S&P futures (ESU26 ) are down -0.51%, and September E-mini Nasdaq futures...

The One Stock Now Controlling DIA’s Next Move: Why Caterpillar’s Power Generation Backlog Matters More Than Apple
24/7 Wall St.52d agoneutral
The One Stock Now Controlling DIA’s Next Move: Why Caterpillar’s Power Generation Backlog Matters More Than Apple

The SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) has climbed about 7% year to date and is up almost 22% over the past year, but those returns hide a dramatic shift in what drives DIA. Because the Dow is price-weighted, the highest-priced stock carries the most influence, and Caterpillar’s (NYSE:CAT) 73% YTD surge to ... The One Stock Now Controlling DIA’s Next Move: Why Caterpillar’s Power Generation Backlog Matters More Than Apple

Kevin Warsh Comments Send Shiver Down Investors’ Spines. Would He Really ‘Murder This Bull Market?’
24/7 Wall St.55d agoneutral
Kevin Warsh Comments Send Shiver Down Investors’ Spines. Would He Really ‘Murder This Bull Market?’

Federal Reserve Chair Kevin Warsh’s first post-meeting press conference rattled risk assets on Wednesday, and the loudest pushback came from a strategist who thinks the bull market remains structurally intact. On CNBC’s Closing Bell Overtime, Warren Pies, co-founder of 3Fourteen Research, argued that “Bull markets do not die of old age. They’re usually murdered by ... Kevin Warsh Comments Send Shiver Down Investors’ Spines. Would He Really ‘Murder This Bull Market?’

Stocks Supported as Geopolitical Risks Recede
Barchart55d agoneutral
Stocks Supported as Geopolitical Risks Recede

The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.16%. September E-mini S&P futures (ESU26 ) are up +0.99%, and September E-mini Nasdaq futures...