Stocks related to the energy sector fell on Tuesday. On March 14, the S&P 500 energy sector fell 1.1% to the lowest levels since early November.
After starting the week on a positive note, the S&P 500 pulled back on Tuesday. Weakness in oil prices weighed on energy shares and pulled the market lower.
David Tepper shared his view on Apple (AAPL) in a recent interview. He said that he trimmed his position because he is a little worried about the border adjustment tax with China.
Political uncertainty is playing a major role in the current investment scenario. The upcoming France election is a major event for investors.
Allergan stock has had a weaker performance in the last year with a fall of nearly 14.9%.
The expectation for a rate hike at the March 2017 meeting increased after Fed chair Janet Yellen’s recent speech at the Executives’ Club of Chicago.
After Donald Trump won the US presidential election in November 2016, market participants became optimistic about the US business (IWF) (SPY) (QQQ) environment.
David Tepper said that the improvements in various economic indicators are improving investors’ confidence in the economy.
The bond market has shown a huge rally in the last 35 years.
On Wednesday, March 8, 2017, David Tepper discussed his views on the equity market, the bond market, and top stock picks in an interview with CNBC.
After gaining for three consecutive trading days, the healthcare sector pulled back on Monday. The S&P 500 healthcare sector fell 0.15% on March 13.
The S&P 500 materials sector moved higher on Monday and supported the market. The rise in copper prices improved the sentiment in the materials sector.
After breaking the winning streak and pulling back last week, the S&P 500 was slightly higher on Monday. The sentiment was mixed on March 13.
After showing weakness for two consecutive trading days, the energy sector rebounded on Thursday. The S&P 500 Energy sector rose 0.59% on March 9.
The battle for patents sparked the chance for a cross-licensing agreement between Boston Scientific and Edwards Lifesciences.
After falling for three consecutive trading days, the S&P 500 was stable on Thursday. Weaker jobless claims data weighed on the markets on March 9.
Citigroup (C) is currently trading at $61.11. Its 52-week high is $62.53 and 52-week low is $38.31.
According to Goldman Sachs (GS), hedge funds have reduced their position in financial stocks (XLF).
Bank of America (BAC) is currently trading at $25.26. Its 52-week high is $25.80 and 52-week low is $12.05.
The Financial Select Sector SPDR ETF (XLF), which tracks the performance of the financial sector, rose nearly 23.6% between November 8 and March 7.