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☆ Stocks making the biggest moves midday: Tesla, Nike, Humana and more
▼ + stars: | 2024-10-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla — Shares declined about 4% after the electric vehicle company fell short of third-quarter delivery estimates . Chinese stocks — Chinese stocks continued to rally on the back of sweeping stimulus measures in the country. Lamb Weston Holdings — Shares of the french fry giant rose more than 2% after its fiscal first quarter topped estimates. Analysts surveyed by LSEG expected 72 cents per share in earnings and $1.56 billion in revenue. The company posted revenue of $2.79 billion, versus a FactSet estimate of $2.84 billion.

Persons: Humana, That's, JD.com, Davidson, Lamb, Lamb Weston, LSEG, CNBC's Lisa Han, Yun Li, Jesse Pound, Michelle Fox, Sean Conlon Organizations: Nike, Exchange, KraneShares CSI China Internet, Baird, Lamb Weston Holdings —, Barclays, Endeavor Energy Resources, Conagra

☆ Chip company insiders sold a record $1.3 billion in stock during the third quarter
▼ + stars: | 2024-10-02 | by ( Nick Wells | ) www.cnbc.com time to read: +3 min

Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector's outperformance. Huang remains Nvidia's largest individual shareholder with around 3.5% of company shares outstanding, according to data from FactSet. In all, NVDA insiders disclosed around $960 million in stock sales during the third quarter, according to data collected by VerityData. Overall, 177 chip company insiders sold stock in the third quarter, down from a recent high of 245 in Q2 of 2024, according to the Washington Service. They sold a collective 12.7 million shares in Q3, a slight increase from Q2 but just below the 13.6 million shares sold in Q1.

Persons: Jensen Huang, Huang, Tench Coxe, Coxe, Hock Tan, Tan, Verity, Richard Wallace, Bren Higgins Organizations: Washington Service, Nvidia, VanEck Semiconductor, VerityData, Broadcom, YTD, KLA Corp, Texas Instruments, SEC Locations: FactSet

☆ Tesla stock slips after EV maker misses estimates on deliveries
▼ + stars: | 2024-10-02 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

In the year-ago period , Tesla reported 435,059 deliveries and production of 430,488 EVs. Last quarter, the company reported 443,956 deliveries, and production of 410,831 vehicles. Deliveries are not defined in Tesla's financial disclosures, but are the closest approximation to units sold reported by the company. Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates compiled by FactSet StreetAccount. Tesla posted its third-quarter vehicle production and deliveries report on Wednesday.

Persons: Tesla, Li Auto, FactSet StreetAccount, Ford, Tesla hasn't, Elon Musk, Donald Trump, Musk Organizations: Li, Tesla, EV, Ford, General Motors, GM, Nasdaq, Hyundai Locations: China, Seattle , Washington, US, U.S

☆ Some steady names with income to ride out what's often a tumultuous October
▼ + stars: | 2024-10-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The month is normally the most inconsistent for stocks going back to 1950, with an average S & P 500 daily move of 1.3% in either direction, per FactSet data. The S & P 500 and Nasdaq Composite are up more than 20% in 2024 through Monday's close, while the Dow Jones Industrial Average has popped 12%. The major averages also ended September with solid gains that brought the Dow and S & P 500 to record levels. Against this backdrop, CNBC Pro screened for stocks that can ride out any volatility in the month ahead, with a history of producing steady income. PFE YTD mountain Pfizer stock.

Persons: Stocks, Goldman Sachs, James Schneider Organizations: Nasdaq, Dow Jones, Dow, CNBC Pro, DirecTV, Pfizer, Drug Administration Locations: Monday's

☆ The stock market is off to its best start to a year since 1997 under Bill Clinton
▼ + stars: | 2024-10-01 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

Yet investors remain unrelentingly bullish, bidding the US stock market further into uncharted territory. That’s the strongest start to a year since 1997, according to FactSet, when the US economy was surging during the dotcom boom under President Bill Clinton. Kristina Hooper, chief global market strategist at Invesco, said the “very impressive” market performance has been driven by “continued resilience” in the US economy and enthusiasm over Fed rate cuts. US stocks retreated Tuesday after the White House warned that Iran is preparing to launch an imminent ballistic missile attack on Iran. “The Iran report is the thing scaring everyone right now,” said Michael Block, co-founder and chief operating officer at AgentSmyth.

Persons: Bill Clinton, Kristina Hooper, “, ”, Michael Block, hasn’t, Block Organizations: New, New York CNN, Federal, White, House, Tech, Nvidia, CNN Locations: New York, Iran, Taiwan

☆ Tesla set to report Q3 deliveries ahead of robotaxi event
▼ + stars: | 2024-10-01 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +5 min

Analysts are expecting Elon Musk's automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. Tesla reported deliveries of 435,059 and production of 430,488 vehicles for the same period a year ago, before it was selling the Cybertruck. More recently, Tesla reported deliveries of 443,956 and production of 410,831 vehicles for the second quarter of 2024. Goldman Sachs last week said it expects Tesla deliveries and production "to come in-line with consensus, largely driven by the strength in the China market." Tesla brand erosionSome customer interest in buying Tesla vehicles has been chilled by the brand's strong association with Musk.

Persons: Elon Musk, Tesla, Elon, FactSet StreetAccount, Wells, Goldman Sachs, tacking, Musk —, —, he's, Donald Trump, Musk, Mike DeWine Organizations: Trump, Tesla's, EVs, Warner Bros, Baidu, SpaceX, Associated Press, CNN, NBC News, The New York Times, Twitter, The Washington Post, Springfield Police Division, Ohio Gov, Pew Research Locations: Manhattan , New York, U.S, China, Los Angeles, Springfield , Ohio

☆ Wall Street heads into fourth quarter with historic momentum
▼ + stars: | 2024-10-01 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The final three-month stretch of 2024 is here, and Wall Street is riding high. RBC head of derivatives strategy Amy Wu Silverman noted her clients are bracing for "3 standard-deviation drawdowns" in coming weeks. The VVIX gauges the volatility of the Cboe Volatility Index (VIX) itself — seen by many as Wall Street's preferred measurement of how much investor fear is in the market. That … is a very different narrative from the first six months of this year," Wu Silverman added. Elsewhere on Wall Street this morning, Pivotal Research Group initiated analyst coverage of Alphabet , the parent of Google and YouTube, with a buy rating.

Persons: Ryan Detrick, Dow, Amy Wu Silverman, Wu Silverman, CNBC's, Wall, GOOG, Jeffrey Wlodarczak Organizations: Investment, Carson Group, Dow Jones Industrial, Nasdaq, Federal Reserve, Fed, CNBC, RBC, Research Group, Google, YouTube Locations: China

☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

☆ A sign of strength in the labor market: Job openings increased in August
▼ + stars: | 2024-10-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —The number of available jobs in the US grew in August, signaling an undercurrent of strength in the labor market at a time when its vitals are being carefully monitored by the Federal Reserve. There were an estimated 8.04 million job openings in August, up from an upwardly revised 7.71 million in July, according to new data released Wednesday by the Bureau of Labor Statistics. The latest Job Openings and Labor Turnover Survey report kicks off a week chock-full of critical economic data for the US labor market, culminating with the Friday jobs report. The health of the job market has leap-frogged inflation to become the top concern for the Fed, which cut its benchmark interest rate last month for the first time in four years. Alternatively, available jobs shrank across many service sectors, including finance, and arts and entertainment.

Persons: what’s Organizations: CNN, Federal, Bureau of Labor Statistics, Labor

☆ Stocks making the biggest moves midday: Lockheed Martin, Paychex, CVS and more
▼ + stars: | 2024-10-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Energy stocks – U.S. crude oil futures rose 4% on worries that Iran is preparing to attack Israel , sending shares of energy companies higher. Defense stocks – Defense stocks rose on Tuesday after the White House warned that Iran was preparing an "imminent" ballistic missile attack on Israel. Shares of Lockheed Martin and Northrop Grumman were last trading higher by 3.7% and 4.1%, respectively. Paychex – The stock rose more than 4%, hitting a new 52-week high, after the company reported better-than-expected fiscal first-quarter results. Clorox – Shares of the household supplies company climbed nearly 2% after an upgrade to buy from hold at Jefferies.

Persons: Morgan Stanley, Israel, Halliburton, McDonald's, Lockheed Martin, Northrop Grumman, Paychex, Walt Disney, Raymond James, Clorox, —, Sarah Min, Hakyung Kim, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox, Darla Mercado Organizations: New Fortress Energy, New Fortress, Deutsche Bank, New, –, APA Corp, Occidental Petroleum, Energy, Arcos, Defense, House, Lockheed, L3Harris Technologies, HP Inc, Citi, Walt Disney —, CVS Health, CNBC, Reuters, Jefferies Locations: Iran, Hess, Israel

☆ China ETFs were big winners in September. History says to be cautious from here
▼ + stars: | 2024-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As a result of that excitement, China ETFs are dominating the list of top performing funds in September, according to FactSet. The iShares MSCI China ETF (MCHI) was up about 22% on the month, while the KraneSharesCSI China Internet ETF (KWEB) was up more than 32%. Other top performers include the Global X MSCI China Consumer Discretionary ETF (CHIQ) and the Invesco Golden Dragon China ETF (PGJ) , with September gains of roughly 32% and 30%, respectively. The MSCI China Index's total annualized return during that period is under 1%. The average here is a gain of +78% over 176 trading days vs. a decline of -42% over 165 trading days," the note continued.

Persons: Todd Sohn, David Tepper, there's Organizations: People's Bank of, CSI, China Internet, Dragon China Locations: People's Bank of China, China, U.S

☆ GE Healthcare has been an under-the-radar winner — and a new catalyst just arrived
▼ + stars: | 2024-09-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Wall Street currently sees GE Healthcare earning $6.72 per share in 2028, according to FactSet, up from $4.25 projected this year. GE Healthcare has been a stock we've been battling since its steep slide during the second quarter. That dynamic — coupled with the positive China stimulus announcements in recent days — turned GE Healthcare into one of our top-performing stocks in the third quarter . A PET scan using Flyrcado has better diagnostic efficacy than SPECT scans, according to GE Healthcare. GE Healthcare may also see a recovery in its China business due to the roll out of medical-focused stimulus spending .

Persons: Wells, Flyrcado —, Wells Fargo, Flyrcado, FactSet, Jim Cramer, —, Jim, Leqembi, Eli Lilly, Stifel, Jim Cramer's, Yi Haifei Organizations: GE Healthcare, GE, Food and Drug Administration, Wall, FDA, Federal, Club, CDC, Management, CNBC, Fair for Trade, Services, China National Convention Center, China News Service, Getty Locations: China, U.S, Beijing

☆ China stocks see best week since 2008 on stimulus impact as most Asia markets rise
▼ + stars: | 2024-09-27 | by ( Lim Hui Jie | ) www.nbcnews.com time to read: +4 min

Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank. The last time the index saw a bigger weekly gain was the week ending Nov. 14, 2008. Hong Kong’s Hang Seng index recorded a weekly gain of 12.75%, making it the index’s best week since February 1998, according to FactSet data. Tokyo’s headline inflation rate eased to 2.2%, down from August’s 2.6%. A slate of fresh U.S. economic data also supported the market’s gains, with weekly jobless claims falling more than expected, pointing to a steady labor market.

Persons: Hong, PBOC, Shigeru Ishiba, Sanae Takaichi, Korea’s Kospi, Australia’s, ’ Organizations: CSI, People’s Bank of China, Google, Shanghai Stock Exchange, Reuters, Japan’s Nikkei, of Japan, U.S ., Micron Technology, Nasdaq, Dow Jones Industrial Locations: China, Shanghai, Asia, Pacific, Tokyo, August’s, U.S

☆ The S&P 500 hit multiple records this week, but it's still Nvidia's market
▼ + stars: | 2024-09-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The S & P 500 earned three records this week alone. The S & P 500 is also moving in tandem with de facto market leader Nvidia , which advanced 4.6% on the week. Meanwhile four sectors in the S & P 500, real estate, financials, energy and health care, all ended the week lower. .SPX NVDA 5D mountain The S & P 500 still ended the week higher despite a slight pullback in gains on Friday. The month is typically the worst stretch of the year, but so far the S & P 500 is ahead 1.6%.

Persons: Michael Rosen, NVDA, Lori Calvasina, Calvasina, CNBC's Organizations: Nvidia, Equity, Angeles Investments, Macro, Nasdaq, Dow Jones, RBC Capital Markets

☆ CNBC Daily Open: More all-time highs? Yes please
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Why are Treasury yields rising? Treasury yields tend to move in tandem with interest rates. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip.

Persons: Hong, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Sarah Friar, OpenAI's, Ishiba, Shigeru Ishiba, Sanae Takaichi Organizations: CNBC, Major, CSI, Treasury, U.S . Federal Reserve, Altman, PM, Liberal Democratic, Bank of, People's Bank of China, Barclays Locations: Major U.S, Asia, Pacific

☆ These are September’s top-performing S&P 500 stocks. Where analysts see them going next
▼ + stars: | 2024-09-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Most analysts think that September's top-performing stocks could continue their ascent. September is a traditionally dicey for stocks: It's the worst month of the year for the S & P 500 , according to the Stock Trader's Almanac . With October right around the corner, CNBC Pro used FactSet data to screen for this month's top-performing stocks in the S & P 500 and find out where analysts see them going next. Constellation Energy is up more than 30% on the month, making it September's second-highest performer in the S & P 500. Power company Vistra has surged nearly 196% in 2024, and it's the top performer in the S & P 500 this month.

Persons: Morgan Stanley, David Arcaro, Vistra, Jefferies, Julien Dumoulin, Smith, Raymond James, Brian Gesuale Organizations: Federal, Dow Jones, CNBC Pro, Analysts, Constellation Energy, Microsoft, Constellation, Energy, Software, Palantir Technologies, Oracle, Delta Air Lines Locations: Thursday's

☆ What’s fueling this week’s record-breaking stock rally
▼ + stars: | 2024-09-27 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve. Fresh data this week has offered further encouragement that the economy is on solid footing. Applications to refinance a mortgage soared 20% last week from the prior week, according to Mortgage Bankers Association data. Meanwhile, tech shares have continued to gain this week on rate cut optimism and after Micron reported strong earnings.

Persons: Dow, FactSet, ”, Gregory Daco, Freddie Mac, Bitcoin Organizations: New, New York CNN, Federal Reserve, Dow, Nasdaq, Federal, Mortgage Bankers Association, Investors, Employers, Micron, Nvidia, Meta, Financial Times Locations: New York, China, Saudi Arabia

☆ Wall Street braces for a turbulent October with jobs report on deck next week
▼ + stars: | 2024-09-27 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Both the Dow Jones Industrial Average and S & P 500 have broken out to new highs this month. BTIG chief market technician Jonathan Krinsky asked this week, referring to the S & P 500. The S & P 500 had risen more than 5%, while the tech-heavy Nasdaq Composite was higher by more than 1%. For the S & P 500, those levels represent declines of about 6% to 9%, as of Thursday's close. Initial Claims (09/28) 9:45 a.m. PMI Composite final (September) 9:45 a.m. S & P PMI Services SA final (September) 10 a.m.

Persons: Jonathan Krinsky, Dow, Adam Turnquist, LPL Financial's Turnquist, Jeff Hirsch, he's bullish, Hirsch wouldn't, Lamb Weston, Nonfarm Payrolls, —, Nick Wells Organizations: Federal, Dow Jones Industrial, Dow, CNBC, Nasdaq, LPL, Chicago PMI, Dallas Fed, PMI, Manufacturing, Nike, McCormick, ADP, PMI Services SA, Services PMI, Constellation Locations: Europe, U.S, Chicago

☆ Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
▼ + stars: | 2024-09-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Southwest Airlines — The airline jumped 11% after it raised its third-quarter revenue forecast and authorized $2.5 billion in share buybacks. Starbucks — The coffee chain rose nearly 2% after Bernstein upgraded shares to outperform , citing confidence in the company's new CEO . CarMax — The used car retailer jumped nearly 6% after topping sales estimates for the fiscal second quarter. New York Community Bank — Shares of the regional lender jumped nearly 8% after Barclays upgraded the stock to overweight from equal weight. Accenture — The professional services stock rose nearly 5% on better-than-expected fiscal fourth quarter results.

Persons: Bernstein, Jabil, Goldman Sachs, Goldman, Morgan Stanley, Erik Woodring, —, Jesse Pound, Yun Li, Alex Harring, Pia Singh, Hakyung Kim Organizations: Micron Technology, Applied Materials, ASML, Lam Research, Wall Street Journal, Justice Department, Southwest Airlines —, Elliott Investment Management, Starbucks, NRG Energy, GE Healthcare —, UBS, Jefferies, New York Community Bank, Barclays, Bilibili, Accenture Locations: China, Bilibili —

☆ Nvidia is missing key technology and could acquire these stocks to get it, says Susquehanna analyst
▼ + stars: | 2024-09-26 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Nvidia might have to look outside of its artificial intelligence empire to acquire some key data center-related technologies, according to Susquehanna Financial Group. Analyst Christopher Rolland said Nvidia has "two glaring holes" for potential acquisition within optical and analog networking. Optical technologies in data centers have a variety of purposes such as supporting network traffic growth, transmitting and receiving optical signals in data centers, and offering cost and power savings while facilitating high-capacity data transmission. Analysts' average price target, per FactSet, suggests potential downside for Lumentum and Coherent given their recent stock run-ups. Rolland holds a positive rating on Nvidia shares with a $160 price target — higher than the average from analysts polled by FactSet, which implies more than 29% potential upside for the chip darling.

Persons: Christopher Rolland, Nvidia, Rolland Organizations: Nvidia, Susquehanna Financial Group, NVIDIA, Lumentum Holdings, Marvell Technology, Marvell, FactSet

☆ Stocks making the biggest moves midday: Flutter Entertainment, Hewlett Packard Enterprise and more
▼ + stars: | 2024-09-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Flutter Entertainment — The sports betting stock rose more than 6% after the FanDuel parent announced a share buyback program of up to $5 billion. Hewlett Packard Enterprise — The tech stock jumped more than 5% after Barclays upgraded the firm to overweight from equal weight. KB Home reported $2.04 in earnings per share, or 2 cents short of consensus estimates, according to analysts surveyed by LSEG. Analysts had expected $1.14 in earnings per share on revenue of $176.2 million, according to FactSet. The workplace uniform company sees revenue of $10.22 billion to $10.32 billion for fiscal 2025, compared to its prior guidance of $10.16 billion to $10.31 billion.

Persons: HPE, Morgan Stanley downgrades, Adam Jonas, Ford, Bilibili, Warren Buffett's Berkshire Hathaway, Cintas, — CNBC's Sean Conlon, Yun Li, Alex Harring, Hakyung Kim, Lisa Han, Pia Singh Organizations: Hewlett Packard Enterprise, Barclays, Juniper Networks, General Motors, Ford —, JPMorgan, . Bank of America, LSEG, Trump Media & Technology Locations: Bilibili —

☆ Stocks making the biggest moves after hours: Micron Technology, H.B. Fuller and more
▼ + stars: | 2024-09-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The company sees fiscal first quarter adjusted earnings coming in at roughly $1.74 per share and revenue of around $8.70 billion. Fuller's adjusted earnings in the fiscal third quarter came in at $1.13 per share on revenue of $918 million. However, the company's $2.39 billion revenue was higher than the $2.38 billion estimate. Armada Hoffler Properties — Shares of the real estate investment trust dipped 5% after Armada Hoffler announced the commencement of the public offering of 7 million shares of its common stock. Adjusted earnings came in at 56 cents per share, compared to $1.26 per share a year ago.

Persons: LSEG, H.B, Fuller, Armada Hoffler, Darla Mercado Organizations: Micron Technology, Applied, Lam Research, Fuller Co, Armada, Worthington Steel

☆ Stocks making the biggest moves premarket: KB Home, Hewlett Packard Enterprises, General Motors and more
▼ + stars: | 2024-09-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Rithm Capital – The real estate investing stock more than 4% after announcing a secondary offering of 30 million shares. Hewlett Packard Enterprise – The technology stock added almost 3% on the back of a Barclays upgrade to overweight from equal weight. General Motors , Ford Motor – The auto stocks fell following downgrades from Morgan Stanley's Adam Jonas due to rising China competition and a weakening U.S. consumer. The analyst downgraded Ford Motor to equal weight from overweight, while General Motors was lowered to underweight from equal weight. Shares of General Motors and Ford fell roughly 3% and 2%, respectively.

Persons: FactSet, Bilibili –, Rithm, Hewlett Packard, Morgan Stanley's Adam Jonas, —, Alex Harring, Sarah Min, Lisa Kailai Han Organizations: JPMorgan, Hewlett Packard Enterprise, Barclays, Hewlett, Worthington Enterprises, General Motors, Ford, Ford Motor, General Locations: China's, U.S, China

☆ These outperforming stocks are still set to soar, analysts say — giving 3 more than 30% upside
▼ + stars: | 2024-09-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

September is a historically weak month for stocks, but the first U.S. Federal Reserve rate cut in four years meant that markets have mostly bucked the trend so far. The S & P 500 has risen around 1% month-to-date, and jumped about 8% since the end of June when stocks went through much volatility. But risks such as the U.S. election, inflation and geopolitical conditions raise the question of what the path ahead will be like for stocks. "In my view, the banking sector could win ... as should solid growth stocks – at reasonable valuations – in the healthcare and software sectors," he added. Valuations in the U.S. market look "less demanding" — if you exclude Big Tech, mega-growth stocks, which are dragging up the overall price-to-earnings multiple of the S & P 500, Webber added.

Persons: David Bianco, Simon Webber, Schroders, Webber Organizations: U.S . Federal, Equity, Big Tech, CNBC Pro Locations: DWS, U.S

☆ These funds aim to multiply the market's dividend yield. How they stack up to competitors
▼ + stars: | 2024-09-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The funds target distributions equal to six times the dividend payouts on the Nasdaq-100 Index and four times the S & P 500 dividend, respectively. The idea behind the Pacer funds is that the funds will capture more of that upside during market rallies, according to Sean O'Hara, president at Pacer ETF Distributors. The QDPL's website currently shows a distribution yield of 5.79%, or more than four-times the roughly 1.3% dividend yield on the S & P 500, according to YCharts.com. The dividend futures could also see bigger gains if more companies in the index decide to start paying dividends. To be sure, the dividend futures contracts could also decrease in value during times of economic stress.

Persons: Sean O'Hara, O'Hara, QDPL, Dow, Apple Organizations: Nasdaq, —, ETF Distributors, Schwab, Equity, Dow Jones, CME Group, Pacer, SEC, Microsoft

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