The Daily Editor

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April 17 2025

A quick guide for NRIs wanting to invest in Indian Mutual Funds

As India takes giant strides on the path to development and gets set to meet its target of a $5 trillion economy, the prospect of participating in its financial markets is an opportunity for wealth creation for Indians residing in the country and those settled overseas. Towards this, Mutual Funds offer a structured avenue for Non Resident Indians (NRIs) to start investing into Indian capital markets and have their investments managed by a professional.

April 17 2025

3 Dividend Stocks Down 20% or More to Buy Hand Over Fist Right Now

The Daily Editor The Daily

Income investors can look at the proverbial glass of water as half-full amid intense stock market volatility. The turbulence presents great opportunities to scoop up shares of companies that pay solid dividends.

Some of those opportunities look especially attractive. Here are three dividend stocks down 20% or more to buy hand over fist right now.

April 17 2025

Valero Energy looks to cease operations at Benicia refinery by April 2026

The Daily Editor The Daily

Valero (VLO) Energy notified the California Energy Commission that it intends to idle, restructure or cease refining operations at its Benicia refinery by the end of April 2026, Dow Jones reports. The company continues to evaluate strategic alternatives for its remaining California operations. Valero booked a $1.1B pretax impairment charge for the Benicia and Wilmington refineries,

April 17 2025

Stocks Open Lower. Nvidia and Other Chip Stocks Are a Drag.

The Daily Editor The Daily

Stocks opened lower on Wednesday after the latest trade headlines hit Nvidia and other tech stocks.

The Dow Jones Industrial Average was down 310 points, or 0.8%. The S&P 500 was down 1.4%. The Nasdaq Composite was down 2.2%.

The yield on the 2-year Treasury note was down to 3.81%.

April 17 2025

Nifty IT cracks 2.5% on US tech stocks sell-off, Wipro leads losses

The Daily Editor The Daily

The overnight sell-off in the tech-heavy Nasdaq Composite dampened domestic investors’ sentiment, who track cues from the mother market.

The Nifty IT index tracked the sell-off seen in Wall Street’s tech-heavy Nasdaq Composite index overnight.

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April 17 2025

The ten most popular ETFs investors are holding in their Isas

The Daily Editor The Daily

Isa investors are continuing to back the US stock market despite its recent wobbles, while also investing in gold, clean energy and UK shares.

US focussed funds make up four of the top ten exchange traded funds most held by Isa investors, on investment platform Trading 212.

US large caps,

April 16 2025

Paladin Energy served with class action in Supreme Court of Victoria

The Daily Editor The Daily

Paladin Energy (PALAF) has been served with a class action proceeding in the Supreme Court of Victoria. The company said, “The class action alleges that Paladin made misleading representations and contravened its ASX continuous disclosure obligations between 27 June 2024 and 11 November 2024. Paladin intends to strongly defend this claim.”

Stay Ahead of the Market:

April 16 2025

Trump’s trade war is wrecking America’s brand, from Teslas to Treasuries

The Daily Editor The Daily

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here.

New York
CNN
—

This is all pretty embarrassing.

It’s been two weeks since President Donald Trump’s “Liberation Day” tariff speech launched a global trade war,

April 16 2025

Chinese factories are taking the trade war somewhere new

The Daily Editor The Daily

New York
CNN
—

China is taking the trade war to a new battleground: America’s TikTok feeds.

Chinese suppliers have been flooding American social media this week, urging users to outflank President Donald Trump’s 145% tariffs on Beijing by buying directly from their factories.

April 16 2025

Why Tech Stocks Crashed on Wednesday

The Daily Editor The Daily

The tech market took it on the chin on Wednesday as the trade war picked up steam and the Federal Reserve sounds like it’s not going to bail out the market.

Big tech in both the U.S. and China were hit hard today. Broadcom (AVGO -2.30%) fell as much as 6.7%,

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