Subtitles section Play video Print subtitles stocks barely budged on Wall Street ending Friday. Mixed. The great rotation advanced as investors bet on an economic recovery. They sold tech shares that have rallied throughout the health crisis like Facebook and Netflix, and bought Deere, Caterpillar and other economically sensitive cyclical stocks. Marc Etienne Asset Management President Ken Cayman says investors should take some profit on tech stocks and invest MAWR in value and cyclical stocks. It's not that way are abandoning growth, are suggesting people shouldn't. But I think it's time to pair that out. I mean, the markets just doing so well and a lot of these growth stocks are priced form or than perfection. The Dow and NASDAQ finished flat, while the S and P 500 slipped 2/10 percent for the week. On Lee, the Dow managed to eke out a game among the top movers on the NASDAQ and S and P Friday Applied Materials, rising 5%. The chip equipment maker forecast second quarter revenue that topped expectations. Ah global shortage of semiconductors has spurred demand for its manufacturing tools. Shares of deer jumped nearly 10%. The world's largest maker of farm equipment upgraded its earnings forecast after quarterly profit more than doubled, higher commodity prices and rising exports have boosted demand for its machines. Bank of America said Friday it expects stocks to pull back more than 10%. Equities are trading at the most expensive prices since the dot com bubble off the 19 nineties.
B1 cyclical dow nasdaq friday forecast wall street Wall Street ends little changed 3 1 林宜悉 posted on 2021/02/20 More Share Save Report Video vocabulary