SOXX

SOXX, AMAT, QCOM, INTC: ETF Inflow Alert

Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday

U.S. PCE price index falls to 2.5% year-on-year in June, as expected. The Bureau of Economic Analysis also reported lower-than-expected monthly increases in personal spending and personal income. The latest Fed's favorite inflation report showed mixed results for market participants.

Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

SOXX: Earnings Season Risk

Chip Stocks Nvidia, AMD And Others See More Selloff On Wednesday - What's Going On?

U.S. Chip stocks led by Nvidia Corp and AMD are trading lower on Wednesday. Tesla Inc and Google parent Alphabet Inc’s second-quarter earnings on Tuesday failed to impress the Street. The growing geopolitical tensions between the U.S and China are hurting the semiconductor sector.

US Stocks Tumble, Magnificent 7 Wipe Out $570 Billion As Mega-Tech Earnings Disappoint, VIX Spikes: What's Driving Markets Wednesday?

The S&P 500 index is heading toward its worst close in over a year. The tech-focused Nasdaq 100 is eyeing its fifth decline in the last six sessions. The Magnificent Seven group of tech companies wiped out over $570 billion in their combined market valuation. Tesla shares plummeted over 11% after missing earnings expectations.

Semiconductor Supply Chain Q3 2024 Outlook: Multispeed Recovery

3 ETFs That Are Outperforming the S&P 500

Three outperforming ETFs have bested the S&P 500 year-to-date. The iShares Semiconductor ETF is the top-performing fund on this list. The Roundhill Magnificent Seven ETF holds onto stocks within the Magnificent seven group. The Invesco S&p 500 Top 50 ETF has also outperformed the index over the past five years.