Equities opened higher on Monday after Hurricane Irma weakened rapidly on Sunday. SPDR S&P Insurance (KIE) rose 3 percent at the opening to its highest level in two weeks. The 10-year Treasury yield rebounded above 2.1 percent for the largest…

Energy, consumer staples and healthcare led this week, but the overall market drifted lower as investors assessed Hurricane Irma. SPDR Energy (XLE), Consumer Staples (XLP) and Healthcare (XLV) rallied 1.29, 0.22 and 1.61 percent respectively. SPDR S&P Insurance (KIE) fell 2.76 percent.…

Stocks opened the week choppy as geopolitical concerns in North Korea and another wave of hurricane activity contributed to volatility. Isolated pipelines and refineries restarted this week, alleviating some of the weather-related supply concerns. Shares of U.S. Gasoline (UGA) fell…

Equities rallied this week, led by the Nasdaq’s 2.71 percent gain. Biotechnology shares rallied sharply after Gilead Sciences (GILD) announced the cash buyout of Kite Pharma (KITE). The FDA also approved a promising new Novartis drug for cancer. iShares Nasdaq Biotechnology (IBB)…

The Nasdaq and Russell 2000 gained on Monday, but energy and insurance weighed on the market as traders reacted to Hurricane Harvey. Crude oil prices tumbled, while gasoline prices rose after estimates of Texas refinery downtime increased. Healthcare subsectors registered solid gains,…

Equities rallied this week following substantial gains on Monday and Tuesday. The Nasdaq gained 1.45 percent and SPDR Technology (XLK) 1.03 percent on the week. SPDR Healthcare (XLV) returned 1.21 percent and iShares Nasdaq Biotechnology (IBB) increased 2.26 percent. The Russell 2000…

Healthcare led most of the market higher on the day. Gains were heavily concentrated in the healthcare provider and medical device subsectors. Crude oil prices faded on Monday as SPDR Energy (XLE) fell to a new 52-week low. This week will…

Equities slipped this week on weakness in consumer discretionary shares and global geopolitical concerns. The Nasdaq slipped 0.64 percent, though technology hit a new all-time high on Wednesday and SPDR Technology (XLK) gained 0.05 percent for the week. Utilities led…

Equities bounced on Monday, pushing the Dow Jones Industrial Average back over 2200, and geopolitical tensions eased after the Chinese government blocked imports from North Korea. Stocks were also boosted by better-than-expected Japanese GDP. The Japanese economy grew 1 percent…

The Dow Jones Industrial Average declined 1.05 percent on the week, the NASDAQ 1.50 percent and the S&P 500 1.43 percent. Vanguard Consumer Staples (VDC) increased 0.15 percent alongside other value stocks, while FANG shares Facebook (FB), Amazon (AMZN), Netflix…