Since the summer of 2011, investors who put their money into significant U.S. indices have earned decent returns. The returns of the SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA), Invesco QQQ Trust Series 1 (NASDAQ: QQQ), and SPDR S&P 500 ETF (NASDAQ: SPY) were respectively 248.17%, 521.11%, and 200.78%.
Read MoreNvidia (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) were among the top gainers in the semiconductor market on Friday as President Biden visited Intel's (INTC) new Ohio plant and Republican lawmakers alerted Apple (NASDAQ:AAPL) about the potential use of memory chips from a contentious Chinese company.
Read MoreOnly Elon Musk could capitalise on the attention around Apple's (AAPL) new iPhone 14.
Read MoreLate on Wednesday, technology stocks were up thanks to a 0.8% gain for industry leader Apple AAPL, which announced the iPhone 14 this afternoon along with a new Apple Watch and upgraded AirPods. The Philadelphia Semiconductor Index and the SPDR Technology Select Sector ETF XLK were both showing gains of 1.6% as of the most recent check.
Read MoreOn Wednesday, Apple Inc. (NASDAQ: AAPL) will hold its annual September launch event, called "Far Out," when the firm is likely to introduce its iPhone 14 series and new Apple Watch lineup.
Read MoreInvestors are "somewhat more positively skewed" on Apple (NASDAQ:AAPL) ahead of its iPhone event next week than they were before the company's most recent earnings report, according to investment firm Morgan Stanley, although institutional investors are still leaning against the tech titan.
Read MoreAccording to Bloomberg, which received a copy of U.S. Commerce Secretary Gina Raimondo's calendar, Raimondo met with prominent corporate tech leaders in April 2021, including Tim Cook, CEO of Apple Inc. (NASDAQ: AAPL), and Andy Jassy, CEO of Amazon Inc. (NASDAQ: AMZN).
Read More