U.S. indices had a mixed day of trading as traders and investors weigh Wednesday’s earnings reports. Concerns over inflation and yields, as well as a rotation out of tech and software names, have continued to pressure tech stocks this year.
- The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) finished higher by 0.35% to $334.13.
- The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) closed higher by 0.03% at $343.27.
- The SPDR S&P 500 ETF Trust (NASDAQ:SPY) also finished higher by 0.2% at $419.07.
Here are the day’s winners and losers from the QQQ, according to data from Fintech Zoom Pro.
Elsewhere On The Street
AMC Entertainment Holdings, Inc. (NYSE:AMC) have picked up momentum, adding roughly 36% so far this week. B Riley Securities analyst Eric Wold downgraded shares of AMC from Buy to Neutral and maintained a $16 price target… Read More
FuboTV Inc. (NYSE:FUBO) shares gained ground Wednesday after the company announced additional programming details around its exclusive live streaming rights to the Qatar World Cup 2022 qualifying matches of the South American Football Confederation. FuboTV will launch a dedicated streaming experience where subscribers can seamlessly stream all qualifying matches… Read More
The QQQ was trading relatively flat Wednesday on very low volume. Despite not showing substantial signs of weakness, a number of institutions purchased a considerable number of puts, betting over $2.99 million the QQQ Trust Series… Read More
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