Semiconductor industry investors aren’t complaining about portfolio performance – not when chip stocks continue to generate solid returns for investors in the first quarter of 2024. The benchmark iShares Semiconductor ETF (ticker: SOXX) is up 21.9% year to date as of March 22, compared with 19.5% for the S&P Global Semiconductors Index. Over the past … Read more
February’s jobs report came in hot: The US economy added 275000 jobs last month Crossroads Today Source link
Technology stocks led the stock market to new all-time highs in the past year. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500’s total return in the past 12 months. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, … Read more
Some investors believe that the current technology boom and artificial intelligence will power a gigantic bull market in the months and years to come. Other analysts are warning of high valuations and a potential bubble if markets get much more euphoric. In any case, it can be tricky trying to value high-flying stocks such as … Read more
On Feb. 28, long-serving Senate leader and longtime marijuana opponent Mitch McConnell said he’ll step down from his position and help select a replacement in November. In the legal marijuana industry, he is best known for holding up passage of a 2022 bill that would have allowed the cannabis sector to access the banking system … Read more
The coveted computer science degree has promised graduates six-figure salaries and exciting careers in high-tech spaces since the personal computer took off in the 1990s. As an academic discipline, computer science dates back even further. In the 1960s, Purdue University became the first major institution to found a department dedicated to the practice, complete with … Read more
Optimism is rising over the U.S. initial public offering market after a couple of years of significant decline. There were 128 U.S. initial public offerings in 2023, with a cash value of $22.6 billion, according to Ernst & Young. Although it was a slow year for IPOs compared with 2021, it was a step up … Read more
Economists around the world are expecting U.S. economic growth to slow in coming quarters, and some are still calling for a mild U.S. recession. It may become difficult for investors to find reliable growth stocks to buy if interest rates remain at 22-year highs for an extended period. Nevertheless, growth stocks have outperformed value stocks … Read more
The U.S. stock market is off to a great start in 2024. Through Feb. 23, both the S&P 500 and the Nasdaq-100 are up more than 7% year to date (YTD). The Dow Jones Industrial Average is up nicely as well, though not as dramatically. That well-known index has gained just over 3% YTD. You … Read more
The world may be trying to wean itself off fossil fuels, but that doesn’t mean that the shares of big oil and gas companies are necessarily bad investments. While global oil production is only expected to grow slowly in the coming years, the continued rise in the world’s population – and its need for energy … Read more