U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
Big Tech stocks have been heavily sold off due to AI concerns and trade tensions, but may present a buying opportunity for long-term investors, says expert.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
The analyst said Apple may have to establish more non-China iPhone production lines to meet demand in markets beyond the U.S. as tariffs threaten a global trade war
Under the expanded partnership, the companies will work to provide innovative intelligent agreement management solutions that optimize customer service management and streamline agreement processes globally.
A sector-based ETF portfolio provides an effective way to navigate these market rhythms, allowing investors to position their assets for potential outperformance.
Defensive sectors offer stability during market downturns because they produce essential goods and services that remain in demand regardless of economic conditions.
The Blue Whale Growth fund, backed by the English billionaire Peter Hargreaves, has sold its entire stake in Meta Platforms Inc. (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT), citing fears of a global economic slowdown.
Wall Street saw a rebound in risk appetite on Thursday ahead of the long Easter weekend, as President Donald Trump signaled positive momentum in trade negotiations.
U.S. major indices traded lower at midday Wednesday, pressured by sharp declines in tech and semiconductor stocks after Washington tightened chip export restrictions to China.
Piper Sandler cut its price target on Nvidia to $150 from $175, citing the surprise nature of the charge and the reduced outlook for data center products shipped to China.
