The Dow Jones Industrial Average hit another record high on Friday as mounting optimism on the reopening continued to fuel rotation into cyclical stocks. Meanwhile, rising bond yields sparked valuation fears and took the tech name off the...
Traders on the floor of the New York Stock ExchangeSource: NYSEBonds could be volatile in the coming week. If yields rise, it could make it difficult for big tech and other growth stocks to gain ground.Rising bond yields...
Chris Hondros | Newsmaker | Getty ImagesAfter a decade of outperformance, investors are finally switching out of technology stocks.For the fourth straight week, the tech-heavy Nasdaq Composite lagged the Dow Jones Industrial Average. It is the...
Glen Taylor, owner of the Minnesota Timberwolves, passes a ball before the game between the Minnesota Timberwolves and the San Antonio Spurs on November 15, 2017 at the Target Center in Minneapolis, Minnesota.Hannah Foslien | Getty ImagesA puzzle.This...
Myanmar State Councilor Aung San Suu Kyi will watch her hearing on the Rohingya genocide case at the United Nations International Court of Justice on December 11, 2019 in the Peace Palace of The Hague on the second day...
A Tesla Model S with autopilotDavid Paul Morris | Bloomberg | Getty ImagesA federal agency is calling for stricter requirements for testing autonomous driving, and the proposed changes could eventually force Tesla to change the way it...
Elizabeth Holmes, founder and former executive director of Theranos, arrives for a hearing in the U.S. District Court in the Federal Building of Robert F. Peckham in San Jose, California on Monday, November 4, 2019.Yichuan Cao | NurPhoto...
Traders on the floor of the New York Stock ExchangeSource: The New York Stock ExchangeThe yield on 10-year government bonds reached its highest level in over a year on Friday. This is a sign of optimism on an...
A healthcare professional will prepare a dose of the Oxford / AstraZeneca Covid-19 vaccine at the vaccine center at the Brighton Center in Brighton, southern England on January 26, 2021.Ben Stensall | AFP | Getty ImagesLONDON -...
Investment bank JPMorgan believes that cyclical stocks will lead the market higher in the medium to long term as the business cycle improves."You will see cyclical and more defensive names continue the rally after we get through this adjustment...
