The upcoming SpaceX IPO is expected to prompt investors to rotate capital from the year's biggest tech winners into a broader market rally. BMO strategist Carol Schleif highlights that the recent tech rally, driven by crowded positioning rather than fundamentals, may see profit-taking ahead of the IPO. Earnings season shows strength across all 11 S&P sectors, signaling a broadening market beyond mega-cap tech stocks. With geopolitical concerns fading, upcoming inflation data, Fed meetings, and earnings reports are set to guide market direction, favoring fundamentals over headlines.
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...
