Actionable news
0
All posts from Actionable news
Actionable news in GS: GOLDMAN SACHS GROUP Inc,

Biotechs have their best week ever, and the historic post-election moves don't end there

The U.S. presidential election this week sent some stock sectors surging and others plunging as investors scrambled to shift their holdings for the unexpected Donald Trump win. Some of those moves never happened before.

As of Friday's market close, these stock sectors had their...

iShares Nasdaq Biotechnology ETF (IBB), up more than 14 percent for the week. The ETF was formed on Feb. 5, 2001.

SPDR Bank ETF (KBE), up more than 14 percent for the week, best since the one ended May 8, 2009.

The current bull market — defined as a period in which the stock market has never fallen more than 20 percent from a recent high — began on March 9, 2009, as...


More