Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. After years as stock market heavyweights, Big Tech stocks look a lot like an early Rocky Balboa: beaten up and on the ropes. The rout has been such that even members of the Magnificent Seven…
Recent economic events are causing repercussions throughout the global financial landscape. As U.S. interest rates rise and the economy shows solid growth, investors are keeping a close eye on their portfolios. Below is a breakdown of the key events and their potential impact. 1. US Treasury yields near 5%: what’s behind it? In an unexpected…
Investors are really interested in India! Money flowing into funds that track Indian stocks hit an all-time high in 2023. It’s something of a record year for these funds, called exchange-traded funds (ETFs). People feel positive about India even as important elections approach. Last year, these India-focused ETFs raised $8.6 billion in new money, surpassing…
The U.S. stock market fell on Friday as a result of a less optimistic outlook from Intel, raising anticipation around a crucial inflation report that may influence the timing of an interest rate cut. S&P 500 futures fell after a positive Thursday, where the benchmark index hit another all-time high. Dow Jones Industrial Average futures…
Wall Street’s pulse softened Wednesday as investors braced for an impending inflation report that could shake up expectations about the Federal Reserve’s interest rate policies. Scheduled for Thursday, the long-awaited release of the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation metric, is set to reveal January price movements, setting the stage…
Stocks rose through the first three months of the year, boosted by investor confidence in the resilience of the U.S. economy. As the second quarter begins, Wall Street is deliberating whether the S&P 500 (^GSPC) has more room to grow following its strongest quarterly performance since 2019. The market rally has diversified away from a…
