News Formal

High beta stocks are breaking out. Here's who is leading the way

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: High beta stocks are breaking out. Here's who is leading the way Check out CNBCPro for a free trial.

tracks the 100 highest beta stocks in the S&P 500, i.e. most sensitive to changes in overall market returns.

The ETF jumped 3% on Wednesday, crossing its 200-day moving average level of 40.33 for the first time since Feb. 26, which could signal a longer uptrend for high-beta stocks. The fund is stuffed with economically sensitive industries such as financials and consumer discretionary. Here are the stocks leading the way.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro yet more utter permabullshit from you charlatans

Pro

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why I have 13 high-yield savings accounts with Capital One - Business Insider'I've tried the 'one big pot' strategy in the past, and I found it pretty confusing. I didn't know if I could afford to spend $400 on new tires or if some of the money in that account was supposed to go toward an upcoming medical bill.'
Source: BusinessInsider - 🏆 729. / 51 Read more »