The recent market pullback, especially in tech stocks, is viewed as a profit-taking event rather than a sign of stagflation. Strong May payroll data closes the door on interest rate cuts this year, but the selloff is mainly in speculative and AI-related sectors. The supply issues that boosted some tech stocks like Micron appear to be resolving faster than expected. Despite short-term volatility, the long-term outlook for the S&P 500 and tech remains bullish, with the AI-driven market rally expected to continue.
The recent S&P 500 rally driven by AI-focused companies is reversing due to tighter liquidity and expectations of prolonged higher interest rates after a stronger-than-expected jobs report. Large equity and debt issuances by Google and possibly Meta ...
The Columbia EM Core ex-China ETF (XCEM) gained about 38% year-to-date through June 3, 2026, significantly outperforming the S&P 500 ETF (SPY), which rose roughly 11%. This strong performance is driven by XCEM's focus on emerging markets like Taiwan,...
Analyst Andrew McElroy has identified a top in the S&P 500, signaling a potential market reversal. The first key target for this reversal is 7219, with a deeper retrace possibly reaching 6845. Key macroeconomic risks influencing this outlook include ...
The ProShares S&P Kensho Cleantech ETF (CTEX) has gained about 40% year to date through June 3, 2026, significantly outperforming the S&P 500's 11% rise. This surge is driven by accelerating renewable energy supply, rapid growth in energy storage pro...
The VanEck Semiconductor ETF (SMH) has gained 77.13% in just over five months, far outpacing the S&P 500's 10.61% return year-to-date. This surge is driven by strong AI-related capital expenditures across the semiconductor supply chain, including chi...
