[ad_1] The Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded funds was created after an “unauthorized party” obtained control over the phone number connected with the agency’s account on the platform. The markets regulator said its staff would “continue to assess […]
[ad_1] After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs. The U.S. Securities and Exchange Commission on Wednesday greenlighted 11 spot bitcoin BTCUSD, -1.58% ETFs for the first time. The products, which made its debut trading on Thursday, logged a […]
[ad_1] The traditional portfolio of stocks and bonds has been on a tear over the past two months as the S&P 500 nears a record high, but it’s the big gains in fixed income that stand out, according to Bespoke Investment Group. Fixed-income assets are typically the “insurance” part of the classic 60-40 portfolio, usually […]
[ad_1] Yields on 3-month BX:TMUBMUSD03M and 6-month BX:TMUBMUSD06M Treasury bills have been seeing yields north of 5% since March when Silicon Valley Bank’s collapse ignited fears of a broader instability in the U.S. banking sector from rapid-fire Fed rate hikes. Six months later, the Fed, in its final meeting of the year, opted to keep […]
[ad_1] The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued. So, they are one of the best buys in the stock market right now. Small- and medium-cap companies, or smidcaps, have not been this cheap since the Great Financial […]
[ad_1] S&P flash U.S. services index rises to 51.3 in December from 50.8 [ad_2] Jeffry Bartash Source link
[ad_1] U.S. stocks closed higher on Friday, shaking off earlier weakness after a strong monthly jobs report, to clinch a sixth straight week in a row of gains. The Dow Jones Industrial Average DJIA, +0.36% advanced about 130 points, or 0.4%, to end near 36,247, according to preliminary FactSet data. The S&P 500 index gained […]
[ad_1] Technology-stock gains drive big day, week on Wall Street [ad_2] Source link
[ad_1] U.S. stocks booked back-to-back gains on Monday, despite rising oil prices and a deadly weekend assault on Israeli by Hamas that left hundreds dead. The Dow Jones Industrial Average DJIA, +0.59% rose about 197 points, or 0.6%, ending near 33,604, shaking off earlier weakness, while the S&P 500 index SPX, +0.63% advanced 0.6% and […]
[ad_1] U.S. stocks and bonds are both falling again, with the S&P 500 just wrapping up its worst quarterly performance in a year after another surge in Treasury yields. “That creates a lot of anxiety,” as there’s still a fair amount of “investor PTSD” from last year, when markets were rocked by losses in both […]
[ad_1] Stocks closed mostly lower on Friday, with the S&P 500 cementing its biggest drop in a month since December, as a surge in bond yields knocked the wind out of this year’s rally in equities. The Dow Jones Industrial Average DJIA, -0.47% fell about 157 points, or 0.5%, ending near 33,508, according to preliminary […]
[ad_1] The Federal Reserve’s inflation fight has been particularly brutal for anyone not already a U.S. homeowner before interest rates and mortgage rates rose to 15-year highs. With mortgage rates around 7.2% to kick off the post–Labor Day period, the difference between the rates on a new 30-year home loan and on all outstanding U.S. […]
[ad_1] The U.S. Labor Day holiday will mark another milestone in the marathon to bring workers back to the office, but it won’t be a quick fix for landlords, according to Thomas LaSalvia, head of commercial real estate economics at Moody’s Analytics. Employers from Facebook parent Meta META, +0.27% to Goldman Sachs GS, -0.26% recently […]
[ad_1] U.S. stocks posted back-to-back losses Wednesday after Federal Reserve minutes of its July meetings showed concerns about inflation revving back up. The Dow Jones Industrial Average DJIA fell about 180 points, or 0.5%, ending near 34,765, according to preliminary FactSet data. The S&P 500 index SPX gave up 0.8% and the Nasdaq Composite Index […]
[ad_1] Investors should think twice before picking an actively managed mutual fund according to its style category. By “style category,” I’m referring to the widely used method of grouping mutual funds according to the market-cap of the stocks they invest in and where those stocks stand on the spectrum of growth-to-value. This matrix traces to […]
[ad_1] My colleagues JP Aubry and Yimeng Yin just released an update on state and local pension plans. Their analysis compared 2023 to 2019 – the year before all the craziness began. Think of the unusual events that have occurred in the last few years: 1) the onset of COVID; 2) the subsequent COVID stimulus; […]
[ad_1] A worsening U.S. fiscal situation caught stock and bond investors off guard in the past week and now a round of approaching government auctions is about to provide a crucial test for Treasurys. The question in the days ahead is whether risks to the demand for U.S. government debt are growing. If so, that […]
[ad_1] Stocks fell on Wednesday, a day after Fitch Ratings lowered its U.S. debt ratings to AA+ from the top AAA category, pointing to its growing debt burden and “erosion of governance” over the past two decades. The S&P 500 SPX, -1.38% fell about 63 points, or 1.4%, ending near 4,513, booking its biggest daily […]
[ad_1] U.S. stocks closed higher, with the Dow posting its longest win streak in over six years, according to Dow Jones Market Data. The Dow Jones Industrial Average DJIA, +0.52% gained about 184 points, or 0.5%, ending near 35,411, according to preliminary FactSet data. With 11 straight sessions of gains, it was the blue-chip gauge’s […]
[ad_1] Why isn’t gold dead yet? It hasn’t served a vital economic function since the government stopped treating it as money back in 1971. Actually, you could argue it stopped being necessary long before that. Yes, some people prefer it in jewelry. It is used in some technological equipment, and sometimes, still, in dentistry. But […]
