TheSPDR Communication Services Sector Fund (XLC)climbed to a new 52-week intraday high on Wednesday morning, its highest level since Feb. 2, 2022. If the XLC ends the trading session above 73.16, it will be the highest closing level from Feb. 2, 2022 as well. The rise has been fueled...
Analyst Lauren Silberman hiked her price target to $345 from $290. This updated forecast implies shares of McDonald’s could rise 10% from their Wednesday closing price of $312.92. “While MCD has outperformed peers in recent months, the stock has notably underperformed the market YTD and we ...
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On Tuesday, the S&P 500 dropped 1% to 5,078.65 for its second straight loss after closing last week at an all-time high. The Dow Jones Industrial Average fell 1% to 38,585.19, and the Nasdaq composite led the market lower with a 1.7% slid...
On Tuesday, the S&P 500 edged up less than 0.1% to 5,634.58. It remains 0.6% below its all-time closing high set in July, and it briefly rose above that mark during the morning. The Dow Jones Industrial Average slipped less than 0.1% to 41,606.18 from its own record set the day ...
China shares dropped as investors digested the lack of new concrete stimulus plans as well as sluggish export numbers—up 2.4% annually in September in dollar terms, well below expectations of some 6%—that were reported late Monday. The CSI 300, which tracks the 300 top stocks on the Shang...
Litecoin's market capitalization depends on the current market value of outstanding stock. Its market cap stands at fifth place among other cryptocurrencies, after Bitcoin, which holds its position in first with a nearly $300 billion market cap. Comparatively, the Litecoin LTC market cap is at ...
and crashed the stock price by almost 50% since CEO Pat Gelsinger arrived," he added. "But while things still look bad, tactically we believe the medium-term set-up is, finally, improving a bit, as the company's issues are known, and numbers (for the first time in a while) may be...
As the market is rallying, GameStop (GME) and other “meme stocks” haven’t been left behind. Shares soared enough — more than 41% — that the New York Stock Exchange had to briefly halt their trading. GameStop’s peak today was $348.50, just above its record closing high from ...
On top of that the 10-year US Treasury bond yield is back up again, at 1.47% — or 0.05% higher — around the time of the closing bell. Rising yields on the back of expectations for higher interest rates have been weighing on the market recently. ...