News

1 Semiconductor Stock to Target This Week and 2 to Ignore

Semiconductors are the silicon backbone of the digital revolution. But they’re also susceptible to economic fluctuations as chip demand will ebb and flow with capital spending. Unfortunately, the market seems to be predicting a downturn as the industry has tumbled by 18.3% over the past six months. This performance was much worse than the S&P 500’s 2% fall.

With markets on edge, a top Wall Street influencer tiptoes around politics

Each year, when the Larry Fink letter goes out, it’s required reading on Wall Street. The CEO of BlackRock, the world’s largest asset manager, pens a memo to shareholders that quickly becomes gospel. It was Fink’s 2018 letter, for example, that helped catalyze interest in do-gooder investing known as ESG (for environmental, social and governance) — a term he later swore off amid Republican backlash.

S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo

(Reuters) -The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration. Financial markets have been volatile in recent weeks as investors assessed the economic fallout of U.S. President Donald Trump's extensive tariff plans, which have sparked worries about a U.S. economic slowdown and higher inflation. Some of the uncertainty that has gripped markets is expected to dissipate after Trump unveils his tariff plan on Wednesday during an event in the Rose Garden, currently scheduled for 4 p.m. EDT.