rotation
Investing.com– The Dow closed a fresh record high Friday, as the rotation into cyclical stocks including industrials continued to propel stocks higher amid weakness in tech. At 4.00 p.m. ET (2100 GMT), the gained 426 points, or 0.8% to close at a record of 44,296.51. The index rose 0.3%, while…
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve easing within touching distance, U.S. stocks are not hanging about, underlining an uncomfortable aspect of the central bank’s decision this week. Amid a fresh rotation of sectors from megacaps to small…
Investing.com– U.S. stock index futures fell slightly in evening deals on Monday, as a rotation out of heavyweight technology stocks weighed on Wall Street, although anticipation of interest rate cuts limited overall losses. Sentiment towards technology soured this week ahead of quarterly earnings from artificial intelligence darling NVIDIA Corporation (NASDAQ:)…
The recently posted its largest two-week rally against the since 2002, driven by a broad rotation from Big Tech large-cap stocks into small-caps. According to Goldman Sachs strategists, this rotation was likely sparked by the rally in front-end rates following the soft US CPI data and weaker US labor market…
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan A violent rotation from Big Tech into small cap stocks followed the surprisingly benign June U.S. inflation report, while U.S. borrowing rates and the dollar plunged and Japan’s yen stole the currency show. What’s…
