The S&P 500 and the Nasdaq fell on Monday as investors rotated out of heavyweight technology stocks and moved into lagging growth-linked sectors ...
REUTERS: The Dow jumped 1per cent, the S&P 500 inched up and the Nasdaq closed lower on Monday as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a U.S. fiscal support bill.
Similar rotations in recent years have not lasted long, he said, and, at this point,"I'm looking at this more as a correction of growth than it is people abandoning stocks." U.S. Treasury Secretary Steven Mnuchin, in an interview with CNBC on Monday, said the Trump administration and Congress could reach an agreement as soon as this week if Democrats are"reasonable."
Microsoft Corp fell 2per cent as sources said its bid to carve out parts of TikTok from its Chinese owner ByteDance will be a technically complex endeavor.
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S&P 500 ends up slightly, tech-related shares underperform valueNEW YORK (REUTERS) - The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower on Monday (Aug 10) as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a US fiscal support Bill.. Read more at straitstimes.com.
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S&P 500 end up slightly, tech-related shares underperform valueThe S&P 500 and the Nasdaq fell on Monday as investors rotated out of heavyweight technology stocks and moved into lagging growth-linked sectors ...
Read more »
S&P 500 end up slightly, tech-related shares underperform valueThe S&P 500 and the Nasdaq fell on Monday as investors rotated out of heavyweight technology stocks and moved into lagging growth-linked sectors ...
Read more »
S&P 500 ends up slightly, tech-related shares underperform valueNEW YORK (REUTERS) - The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower on Monday (Aug 10) as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a US fiscal support Bill.. Read more at straitstimes.com.
Read more »
Wall Street mixed with stimulus in focus; Dow hits over five-month highThe S&P 500 and the Nasdaq fell on Monday as investors rotated out of heavyweight technology stocks and moved into lagging growth-linked sectors ...
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