FNGS News and Press, Bank of Montreal - ZC SP ETN REDEEM 08/01/2038 USD 50 From 06/27/23

2023-06-27 06:17:05 ET Stock index futures were mixed Friday following a decline to start the week, with growth stocks rebounding a little. Nasdaq 100 futures ( NDX:IND ) +0.5% were performing the best. S&P futures ( SPX ) +0.2% rose and Dow futures ( INDU ) ...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...

2023-06-23 23:35:00 ET Summary The performance of tech and other growth-related stocks has indeed been impressive this year. he Russell 1000 Growth index, as of the June 22 close, was up around 26.4 percent since January 1, while its counterpart the Russell 1000 Value index was up...

2023-06-21 13:30:00 ET Summary What gives us confidence in a 2H23 tech recovery. 1Q23 earnings takeaways: hardware bottomed, software to follow. As we get into 2H23, comps get significantly easier. What gives us confidence in a 2H recovery A downturn follows a ty...

2023-06-01 08:15:22 ET Summary The 'magnificent seven' tech stocks, including Apple, Microsoft, Google, Amazon, Tesla, Meta, and Nvidia, have significantly outperformed the market in 2023, with the MicroSectors FANG+™ Exchange Traded Notes up over 63%. The concentration of ...

2023-05-27 05:49:36 ET Summary Basically, this is the very news that the tech industry had hoped for after seeing steep  drops in valuations for some firms. 'US equities are being powered by the bet on AI because of high exposure to tech mega-caps,' says Bloomberg of Citibank...

2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...

2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...

2023-05-25 01:30:00 ET Summary Leading economic indicators (LEIs) are still pointing to a likely recession in the US. You wouldn't know it by the behavior of the stock market, however, given the massive bull run in tech stocks so far this year. Unfortunately, the majority of c...

2023-05-16 17:03:00 ET Summary The latest tech earnings: better than feared. The shift by big tech to AI and what it means for the sector. AI has already started impacting jobs at tech firms. The big tech names have outperformed expectations this year, and th...