European equities closed lower Tuesday amid continued fears of a potential trade war and regulation for the technology sector. The pan-European Stoxx 600 closed provisionally almost half a percent lower with almost every sector in negative territory. Overall, the index recovered slightly from earlier losses that led the benchmark to trade about 1 percent off. […]
Category: Stocks Watch
Stock Market Trims Early Gains; FANG Stocks Volatile Again
The Nasdaq composite edged 0.2% higher after rising 0.9% early; the S&P 500 added 0.3% and the Dow Jones industrial average outperformed, rising 0.6%. Volume on the Nasdaq was tracking slightly higher than Monday. NYSE volume fell a bit. Nike (NKE), Johnson & Johnson (JNJ) and UnitedHealth Group (UNH) outperformed in the Dow with gains […]
Stocks could soon see another 10% correction as investors face their ‘time of reckoning,’ analyst warns
Overvalued stocks and the prospect of rising U.S. interest rates will soon trigger another stock market correction, according to one market analyst. U.S. stocks tumbled into correction territory Monday, as deepening declines among technology companies and elevated trade tensions between the U.S. and China unnerved market participants. The tumultuous session cast a shadow over Europe […]
CRISPR paper that sent stocks tumbling is retracted
A scientific paper that purported to lay bare serious flaws in the gene-editing tool known as CRISPR and briefly tanked shares of genome-editing companies has been retracted by its publisher. The paper, published last year in Nature Methods, claimed that CRISPR wreaked havoc on the genome, causing hundreds of unintended mutations in mice — and […]
3 Biotech Stocks a Pro Is Buying Now
The last time we checked in with Joseph Edelman, the founder, chief executive and portfolio manager of Perceptive Advisors and its hedge fund, Perceptive Life Sciences, he was buying stocks ahead of the new year. Perceptive is a fund to watch. Edelman famously oversaw a 4% gain in 2016 as the biotech sector tumbled 20%. […]
Is FANG Stock Trade Dead As Facebook, Amazon, Netflix, Google Lead Tech Weakness?
Many on Wall Street are wondering if the once-leading FANG stocks –Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google parent Alphabet (GOOGL) – are out of favor. Given these top tech stocks’ outsized influence on the S&P 500, there could be cause for investor concern. The FANG stocks, which some have expanded to “FAANG” to […]
‘Good riddance’ to the first quarter, April should bring better news for stocks: LPL’s Detrick
After a rough stretch of market volatility, the S&P 500 Index just snapped a quarterly win streak that stretches back to 2015. However, April has a sunnier forecast, according to one strategist. The S&P 500 ended the quarter with a 1 percent loss, its first negative period since the third quarter of 2015. This loss […]
Asian stocks rise as many markets close for holiday
Asian shares climbed Friday, picking up on overnight gains on Wall Street, though many markets in the region were closed for a holiday. Shares in Japan NIK, +1.40% led the way with gains of 1%, followed by stocks in South Korea SEU, +0.39% , Taiwan Y9999, +0.56% and Shenzhen 399106, +1.29% . Markets in Hong […]
Final score: The biggest stocks were the biggest losers in chaotic first quarter
Until recently, being a mega-cap stock — and investing in one — was the best way to get returns out of this stock market. Not anymore. As the first quarter of market trading comes to a close, the largest U.S. stocks will go down as the biggest losers. As the tech weighting in the S&P […]
April is usually good for stocks, but it comes at a dicey time
April is usually a good month for stocks, but there are plenty of reasons why it could be cruel this year. As markets leave behind the volatile months of February and March, worries that helped drive stocks lower continue to hang over April. Trade tensions are unresolved, and tech weakness remains a concern as does […]
Tech Stocks Have Lost Some Of Their Luster, Dragging The Stock Market Lower
Tech stocks were a growth engine for the market when the economy was tepid, but recently they’ve been sputtering and their troubles are helping drag the entire market lower. Some of the biggest names in technology have been swooning. Facebook is mired in a scandal over a breach of its user data, leading to calls […]
Stocks are getting slammed. Here’s one way to trade it
Stocks got slammed again Tuesday as volatility returned to the market with a vengeance, and according to one trader there’s more downside ahead. On a day when all three major indexes fell thanks to a plunge in the tech sector, including the Dow which dropped back to correction levels, Todd Gordon of TradingAnalysis.com said the sharp decline […]