US Stock Market Overview- Stocks Rise, Led by Nasdaq; Most Sectors Were Lower, Technology Outperformed

US stocks moved higher on Monday led by gains in the Nasdaq as large-cap tech stocks took over leadership after declining last week. Most sectors in the S&P 500 index were lower, led down by Real-estate, technology shares bucked the trend.

After the closing bell, IBM is expected to release earnings. Later in the week, technology giant Microsoft will report financial results. The market appears to be shaking off reopening rollbacks. There was good news on the race for a vaccine. Both Pfizer and Atrozenica announced positive results. Chevron announced that it agreed to a deal to purchase Nobel Energy.

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Amkor Technology (AMKR) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Amkor Technology (AMKR) closed at $12.31, marking a +1.23% move from the previous day. This change outpaced the S&P 500’s 0.84% gain on the day. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq added 2.51%.

Heading into today, shares of the chip packaging and test services provider had gained 0.66% over the past month, lagging the Computer and Technology sector’s gain of 5.23% and the S&P 500’s gain of 3.73% in that time.

Wall Street will be looking for positivity from AMKR as it approaches its next earnings report date. This is expected to

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Stock Market News for Jul 20, 2020

Wall Street closed mixed on Friday buoyed by mixed economic data and a spike in new cases of coronavirus infections. Moreover, disappointing earnings results and weak guidance of Netflix also dented investors’ sentiment. The S&P 500 and the Nasdaq Composite ended in the green while the Dow finished in red.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) fell 0.2% to close at 25,671.95. Notably, 17 components of the 30-stock blue-chip index ended in the red while 13 closed in green. The tech-heavy Nasdaq Composite ended at 10,503.19, gaining 0.3%. Meanwhile, the S&P 500 rose 0.3% to

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Stock futures open higher ahead of heavy week of earnings

Stock futures opened higher Sunday evening as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers.

Stocks closed out last week with a choppy session, though both the S&P 500 and Dow eked out a third straight weekly advance. Tech shares lagged throughout the week, as the software stocks that had been outperforming for months gave back some gains.

Over the weekend, coronavirus case and death counts rose again in the US, with the domestic death toll topping 140,000. Cases in Florida rose by more than 10,000 for a fifth

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Is Zoom Video Communications (ZM) Stock Outpacing Its Computer and Technology Peers This Year?

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Zoom Video Communications (ZM) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Zoom Video Communications is one of 606 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best

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Is Digital Turbine (APPS) Stock Outpacing Its Computer and Technology Peers This Year?

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Digital Turbine (APPS) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Digital Turbine is one of 606 companies in the Computer and Technology group. The Computer and Technology group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the

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