Samsung Warning Deals Blow to Semiconductor ETFs | Page 2 of 2 | ETF Trends

Related: China ETFs Rebound on Round of Stimulus Measures, Trade Talks

Analysts now anticipate S&P 500 technology company earnings to grow 8.5% in the fourth quarter, compared to the earlier estimated 13.7% in October, according to Refinitiv IBES data. Earnings for the overall S&P 500 are expected to rise by 14.8%.

Semiconductors also bucked the broader U.S. market trends Tuesday as major indices eked out slight gains on hopes of progress in the U.S.-China trade talks.

“China news is helping,” Stovall added. “We had a successful retest of the Christmas Eve low last Thursday and investors are piling back in because they think the worst is behind us.”

For more information on the tech segment, visit our technology category.