Healthcare stocks at an 'inflection point,' analyst says
Earnings for healthcare companies have declined for six straight quarters. But analysts have a more positive outlook going into second quarter earnings.
Earnings for healthcare companies have declined for six straight quarters. But analysts have a more positive outlook going into second quarter earnings.
In late June, the Supreme Court overturned the Chevron Deference, a powerful doctrine that dictated the interpretation and adherence to laws set by federal regulators. This move could enable large businesses to ignore certain regulatory guidelines as it pulls back the influence of various government agencies. Yahoo Finance legal reporter Alexis Keenan explains the history of the 40-year-old law and how this overruling could affect both civil rights and the investment landscape. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Sector Update: Financial Stocks Retreating Thursday Afternoon
US weekly jobless claims rose more than expected as leadership from the Federal Reserve has expressed confidence in bringing inflation down. The healthcare sector (XLV) slumped today, leading in sector losses and dropping by over 2%. Lastly, the run that small caps (^RUT) has seen in the past few days has begun to stall out, erasing much of the gains from earlier in the week. Yahoo Finance markets reporter Josh Schafer joins Asking For A Trend to break down the latest market trends for July 18. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Chipmaker stocks dropped sharply Wednesday after Trump questioned support for Taiwan.
Former President Donald Trump is scheduled to formally accept his Republican party nomination and speak at the Republican National Convention (RNC) tonight. The energy sector (XLE) will be hanging on Trump's words if he references plans to up oil (CL=F, BZ=F) drilling practices or pullback on a green energy push that has been a policy staple under the Biden administration. Senior markets reporter Ines Ferré breaks down Stifel data that compares how clean energy and traditional energy stocks performed under Trump's and President Biden's first terms. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
NEW YORK, July 18, 2024--OUNZ passes $1 billion in AUM; provides investors the option to request physical delivery of gold coins and bars.
The iShares MADE ETF is banking on a U.S. manufacturing renaissance.
-- Gold prices rose in Asian trade on Thursday, remaining close to record highs as weakness in the dollar, amid increased bets on U.S. interest rate cuts, supported the yellow metal.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are sinking while small caps (^RUT) are seeing a rebound of more than 10% in the last week. Wall Street Alliance Group Partner Aadil Zaman joins Wealth! host Alexandra Canal to discuss the pullback and how investors should be positioning their portfolios. June saw a 3% increase in housing starts, although single-family home construction remains at an eight-month low. John Burns Research & Consulting director of research Rick Palacios Jr. comes onto the program to provide insights into the current housing market construction dynamics. Palacios highlights a significant downturn in multi-family housing starts, noting a nearly 23% year-over-year decline. While the majority of investors are confident the economy will see the Fed's goal of a soft landing, some worry that hard landing risks are underpriced amid a slowing consumer labor market and government spending. BlackRock Head of iShares Investment Strategy Americas Kristy Akullian breaks down how investors can manage risk and protect themselves in the event that a soft landing is not achieved. Tesla (TSLA) CEO Elon Musk has announced plans to contribute $45 million monthly to a Trump Super PAC in support of the former president's reelection campaign. This move comes despite potential conflicts with Trump's policy direction, as Trump's current vice presidential pick, Senator JD Vance (R-Oh.) seeks to eliminate nearly $100 billion in electric vehicle subsidies through his proposed "Drive American Act." For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino