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Nasdaq 100 Is Narrowly Avoiding Correction
Barrons.com7d agoneutral
Nasdaq 100 Is Narrowly Avoiding Correction

Then both rallied off their lows. The Nasdaq 100 was down to 27,452.95 at its intraday low, which would have put the index 10.5% below its June 2 record close. A 10% drawdown from a recent closing high puts an index in a technical correction.

Financial Sector ETF Hits Record High on Fintech Gains
ETF Trends7d agobullish
Financial Sector ETF Hits Record High on Fintech Gains

Shares of the State Street Financial Select Sector SPDR ETF (XLF) touched a fresh all-time high Tuesday. That gain is part of a broader shift in the market. Money has moved out of high-flying tech names and into more traditional corners of Wall Street. Key Takeaways: XLF hit an all-time high of $57.33 Tuesday, lifting [...]

AI Chip Stocks Just Got Crushed. 3 Semiconductor ETFs to Buy the Dip On
24/7 Wall St.12d agobullish
AI Chip Stocks Just Got Crushed. 3 Semiconductor ETFs to Buy the Dip On

Semiconductor stocks have made investors’ fortunes over the past four years, and by extension, semiconductor ETFs turned into the best-performing names. Names like the VanEck Semiconductor ETF (NASDAQ:SMH), Corgi Lithography & Semiconductor Photonics ETF (BATS:EUV), and the iShares MSCI Taiwan ETF (NYSEARCA:EWT) delivered solid gains earlier this year, only to take a breather in the past ... AI Chip Stocks Just Got Crushed. 3 Semiconductor ETFs to Buy the Dip On