The Dow Jones industrials briefly crossed the 40,000 level but backed off highs by the close along with the Nasdaq and S&P 500. Decliners beat advancers on both exchanges by a small margin after the Nasdaq confirmed the latest uptrend Thursday with a follow-through day. First Solar is approaching an alternate entry; Hartford Financial gave … Read more
Remember that sharp break in the industry indexes last month? Seems that the industry is putting that worrisome week in the rearview mirror as it hurdles over another potential area of resistance. For equities, Tradeweb. Stock industry Today: May 6, 2024 Hosts: Alissa Coram & Justin Nielsen Get more IBD by subscribing to our channel: … Read more
The back-and-forth between Iran and Israel is still putting some pressure on stocks and raising volatility. An early morning gap up faded and then some by the close with few areas left unscathed. Atkore had a nice move higher finding support at its 10-week line as did Casey’s General Stores. Meanwhile, HealthEquity has been skirting … Read more
A roundup of the most compelling industry action each trading day at the closing bell. Stock industry Today: April 4, 2024 Hosts: Alissa Coram & Ken Shreve Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs Visit our website: https://www.investors.com Like us on Facebook: https://www.facebook.com/investorsbusinessdaily Follow us on Twitter: https://twitter.com/IBDinvestors Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/ … Read more
The 10-year Treasury yield added to Monday’s surge, hitting 2024 highs Tuesday. That pressured equities once again, though the indexes came off morning lows. Meta Platforms, Uber Technologies and Eli Lilly are finding support around their 10-week lines. Stock industry Today: April 2, 2024 Hosts: Alissa Coram & Ed Carson Get more IBD by subscribing … Read more
The stock sector rally had a strong week, with the Nasdaq hitting a record high and small caps moving back above recent highs. That offered buying opportunities for leaders such as Taiwan Semi, but the Nasdaq is already extended again. Tidewater raced higher on earnings and oil prices, while Confluent is setting up. Investors need … Read more