Dow Ends at Record, but Tech Slump Weighs on S&P 500, Nasdaq
https://alaricsecurities.com/dow-ends-record-tech-slump-weighs-sp-500-nasdaq/
he Dow Jones Industrial Average closed at a record on Thursday driven by earnings-fueled gains in Verizon and Boeing, but the broader market finished in negative territory due to a firm slump in technology stocks. ...
Boeing Shares Soar to Record after ‘Close to Perfect’ Earnings Report
https://alaricsecurities.com/boeing-shares-soar-record-close-perfect-earnings-report/
Shares of Boeing Co. rallied to their highest-ever level Wednesday, contributing 117 points to the Dow Jones Industrial Average by midmorning, on the heels of a second-quarter earnings beat and improved outlook. The stock shot ...
GE Shares Fall as Profit Slumps, Investors Await New CEO’s Targets
https://alaricsecurities.com/ge-shares-fall-profit-slumps-investors-await-new-ceos-targets/
General Electric Co’s (GE.N) shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery ...
Amazon is Getting too Big and the Government is Talking about It
https://alaricsecurities.com/amazon-getting-big-government-talking/
Fresh off its biggest Prime Day yet, the Whole Foods Market Inc. bid, and a slew of announcements including Amazon Wardrobe, Amazon.com Inc. was the subject of two investor calls Thursday that raised concerns that ...
Intel Officially Joins Fight with Nvidia and AMD, but Results Could be a Long Time Coming
https://alaricsecurities.com/intel-officially-joins-fight-nvidia-amd-results-long-time-coming/
Intel Corp. pulled out all the stops Tuesday with the most important product launch in the history of its data-center business, as the world’s largest chip maker faces the fiercest competition ever to its dominance. ...
U.S. Adds 222,000 Jobs in June Hiring Surge
https://alaricsecurities.com/u-s-adds-222000-jobs-june-hiring-surge/
Now hiring signs are everywhere these days. The U.S. economy created 222,000 new jobs in June, well above Wall Street’s forecast. The U.S. unemployment rate was 4.4%. WASHINGTON (MarketWatch) — The U.S. created 222,000 new ...
Tesla’s Stock Tumbles into Correction Territory but Analyst Sees New Highs Ahead
https://alaricsecurities.com/teslas-stock-tumbles-correction-territory-analyst-sees-new-highs-ahead/
Shares of Tesla Inc. tumbled into correction territory Wednesday, in the wake of downbeat deliveries data, but analyst Ben Kallo at Baird suggested the weakness would be relatively short lived as investors start focusing on ...
Opinion: 5 Hot Consumer Stocks to Buy — Beyond Amazon
https://alaricsecurities.com/opinion-5-hot-consumer-stocks-buy-beyond-amazon/
Stocks continue to climb in 2017, with the S&P 500 index up about 9% year-to-date. And some of the biggest winners this year have been consumer-related names. It’s no surprise why. Unemployment hit its lowest ...
U.S. Stock Market Climbs as Wall Street Tries to Rally from Worst Daily Fall in a Month
https://alaricsecurities.com/u-s-stock-market-climbs-wall-street-tries-rally-worst-daily-fall-month/
U.S. stock-market indexes Wednesday traded higher, with equities attempting to rebounding from a technology-led downdraft in the previous session. A Senate delay of a closely watched vote on a bill to overhaul of the Affordable ...
New-Home Sales Roar Back in May after April Showers
https://alaricsecurities.com/new-home-sales-roar-back-may-april-showers/
Sales of newly-constructed homes rebounded in May, and government data was revised to show a stronger spring selling season than had been previously reported, another sign that the housing market remains on firm footing. New-home ...