Big Tech stocks held by the Roundhill Magnificent Seven ETF were mostly up Tuesday, with gains led by Nvidia Corp. and Tesla Inc.
The Roundhill Magnificent Seven ETF, which holds shares of Nvidia, Tesla, Apple Inc., Microsoft Corp, Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc., was up 1% in late-morning trading Tuesday.
» Read more about: Big Tech stocks rise, with Nvidia and Tesla up sharply »
U.S. stocks were mostly higher in midday trading on Tuesday. The Dow Jones Industrial was giving back some of its early losses, while Big tech stocks were buoying the S&P 500 and the Nasdaq Composite.
The Dow was down 0.2%, to trade at 43,311 as of 12:40 p.m.
» Read more about: Dow trims losses in midday trading; tech stocks lift S&P 500 »
Ark Invest CEO Cathie Wood has been a vocal bull for the cryptocurrency sector for years, specifically for leading cryptocurrency Bitcoin (CRYPTO: BTC),
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The Dow Jones Industrial Average (DJIA) took a knee early Tuesday,
» Read more about: Dow Jones Industrial Average stumbles on Tuesday »
Bitcoin‘s (CRYPTO: BTC) price has more than doubled this year and is currently hovering near its all-time high. Some investors might be wary of chasing that rally, but one of Bitcoin’s biggest bulls — MicroStrategy‘s (NASDAQ: MSTR) billionaire Executive Chairman Michael Saylor — isn’t backing down.
» Read more about: Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency »
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Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA),
Donald Trump has so far chosen only the most loyal supporters to join his cabinet, signaling that he intends to surround himself with officials who will carry out his agenda without question.
But there is one force that could keep some of his plans at bay — the stock market.
» Read more about: How the stock market could be last guardrails to corral Trump’s wildest whims »
John Scott is the director of the Pew Charitable Trusts’ retirement savings project.
