Stocks ended the week with a decent day of trading on Friday. The 30-stock Dow Jones index was the biggest gainer among major U.S. indicators, while the tech-heavy Nasdaq struggled to remain in the green throughout the day. This divergence is starting to become more apparent, leading some investors to ponder whether Wall Street is starting to choose sides between traditional industry titans and high-growth tech companies.
Dow: 24,946.51 / +0.3%
Nasdaq: 7,481.99 / +0.0%
S&P 500: 7,481.99 / +0.2%
Zacks Rank #1 (Strong Buy) Top Movers
Value: DAQO New Energy (DQ - Free Report) - +3.7%
Growth: Hamilton Lane (HLNE - Free Report) - +3.4%
Momentum: Solaris Oilfield Infrastructure (SOI - Free Report) - +3.4%
Income: US Ecology (ECOL - Free Report) - +4.4%
Friday's Top Movers: 3 Stocks to Watch
Stocks opened higher on Friday morning amid continued trade tensions and major merger news. Here's a shortlist of today's top movers to keep an eye on as the trading week wraps up!
Upcoming Earnings Reports to Watch: ORCL, NKE, MU
Several major companies with non-traditional calendars report earnings in the coming days. Make sure to keep an eye on these companies as they prepare to report during the week of March 19!
Housing Starts & Permits Weaker, Tiffany Beats
Analysts appear to be looking for signs of inflation accelerating in our current economy. Yet for every signal that may be happening, we see something else that walks some of that sentiment back. Take this morning’s Housing Starts and Permits reports for example.
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The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>