The S&P Semiconductors Select Industry Index is experiencing a significant downturn, and this could spell trouble for the overall stock market. Breaking the Trend Both in terms of price and relative strength, the index has reached its peak. What's more concerning is that it has now broken the uptrend that started from its low in October. An Important Indicator Unlike … [Read more...] about Warning Signs in S&P Semiconductors Index
technology stocks
Apple’s Market Cap Falls Below $3 Trillion Amid Market Downturn
Apple, the tech giant known for its innovative products, has experienced a decline in its market capitalization, falling below the coveted $3 trillion mark. This setback was triggered by a broader market selloff, driven by unexpectedly strong U.S. jobs growth. Last Friday, Apple marked a historic milestone as its market cap closed above $3 trillion, making it the first public … [Read more...] about Apple’s Market Cap Falls Below $3 Trillion Amid Market Downturn