Following the pressure on shares of North America steel companies due to weakening fundamentals, they are now more attractively valued. North American steel equities are now better positioned, with a potential improvement in the rate environment ahead and a stable post-election backdrop in 2025, according to JPMorgan. Analyst Bill Peterson upgraded the ratings for: Nucor Corp ( NUE ) from...

01:48 PM EDT, 09/09/2024 (MT Newswires) -- Consumer stocks rose Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.6%. In corporate news, DirecTV accused Walt Disney ( DIS ) of failing to negotiate in good faith and engaging in anticompetitive behavior, multiple news outlets reported...

08:45 AM EDT, 09/09/2024 (MT Newswires) -- Technology stocks rose in premarket trading Monday, with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF (XSD) 0.8% higher recently. Apple ( AAPL ) used Arm Holdings' ( ARM ) V9 chip design in the A18 chip of its iPhone 16 and is set to launch...

12:22 PM EDT, 09/09/2024 (MT Newswires) -- US equity indexes rose after midday on Monday, led by consumer discretionary and industrials, recovering from declines in the previous week. The Nasdaq Composite rose 1% to 16,858.1, with the S&P 500 index up 1.1% to 5,468.2 and the Dow Jones Industrial Average 1.4% higher at 40,925.3. All three indexes closed lower last...