The Nasdaq 100 has underperformed other major US indices this week, dropping 2.7% due to a rotation away from high-valued AI and semiconductor stocks. Concerns over heavy capital spending, delayed AI profits, and volatility in chip stocks have shifted investor focus from growth to sustainable earnings. The semiconductor sector's weakening technical signals raise the risk of a broader market correction, with the Nasdaq 100 nearing a key support level that could trigger a multi-week decline if broken.
State Street Investment Management has filed for four new ETFs targeting the energy, technology, consumer staples, and consumer discretionary sectors. These new ETFs differ from existing ones by using uncapped S&P 500 sector indexes, allowing more co...
The Q2 2026 earnings season is expected to show strong growth with the S&P 500 projected to deliver a 23.3% earnings increase, led by technology and energy sectors. Tech gains are fueled by AI investments and semiconductor demand, while energy benefi...
