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...

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...