Healthcare Stocks: Are They Well-Positioned To Weather Trump Tariffs?
The Health Care Select Sector SPDR Fund that tracks the performance of the healthcare sector at large is currently down some 8.0% versus its year-to-date high in the first week of March.
Intuit Dividend Increase
On 21 August, Intuit (INTU) increased its dividend by 15.38%, from $1.04 to $1.20 per share. The dividend is payable on 17 October to shareholders of record on 9 October.
Stocks Scattered As Rate-Cut Buzz, Tailwinds Die Down
Stocks are a mixed bag to start the final week of August.
NET Set Up?
Cloudflare (NET) breaking out of the wedge pattern in the early going here, but not a lot of body to the candle so far. Holding support underneath and attempting to bounce off of it.
Powell’s Dovish Cue Ignites A Risk-On Surge And Sharp Sector Rotation
Powell’s dovish signal sparked a broad risk-on rally as markets priced September rate cuts. Yields fell, stocks and crypto surged, with AI, semis, housing, REITs, and financials leading gains.