Industrial Select Sector SPDR Fund News
March's Market Outlook: Don't Get Complacent
Rob Isbitts, chief investment officer of Sungarden Fund Management, says that despite the past month of moderating emotions in the investment markets, we still are looking at an environment that offers danger and big gain potential at the same time.
Industrial Stocks Take Hit From New Round of Tariffs
The industrial sector is hit by the breakdown in trade negotiations between the U.S. and China.
TheStreet Ratings Maintains Buy Recommendation on Caterpillar Shares
Since TheStreet Ratings quantitative stock model upgraded Caterpillar to Buy from Hold on April 25, 2018, the shares have risen, fallen and commenced their next upswing.
U.S. Automakers Urge De-Escalation of U.S.-China Trade Spat
Ford and GM want positive trade relationship between the two largest auto markets in the world. While their stocks rebounded, other companies that could be targeted by tariffs fell.
World's Biggest Industrials Suffer From U.S.-China Trade Spat
With few specifics on the tariffs on Chinese imports, trade war fears loom. But aerospace but get a reprieve.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.