The Daily

Top 5 Gold ETFs With Highest Return in 3 Years: Gold attracts most people in every form. Indians prominently use gold in its physical form. Investors prefer it in both physical and electronic forms. It is considered the strongest hedge against inflation and market fluctuations. Gold exchange-traded funds (ETFs) are gold’s electronic form that tracks the price of very high-purity physical gold.

 » Read more about: Top 5 Gold ETFs With up to 24% Return in 3 Years: No.1 exchange-traded gold fund has turned Rs 5,55,555 one-time investment into Rs 10,44,949  »

Ken Griffin’s Citadel Securities has bought Morgan Stanley’s electronic options market making business, underscoring how high-frequency trading firms now dominate an industry once ruled by Wall Street …

 » Read more about: Citadel Securities buys Morgan Stanley’s electronic options market making unit  »

 » Read more about: SGOV & TLT: A Tale Of Two ETFs And The Duration Trade  »

• The Dow Jones rebounded on Thursday, clawing back early-week losses.
• The Trump administration has warned of even more tariffs, targeting specific countries and goods.
• Investors are stepping back into markets as they bet on further tariff walkbacks.

The Dow Jones Industrial Average (DJIA) rose on Thursday,

 » Read more about: Dow Jones Industrial Average recovers as markets bet on tariff walkback  »

Energy has emerged as July’s top performer so far, while bets around AI, US dollar weakness and other themes start to flag.

 » Read more about: Market rotation swings momentum toward S&P 500 underperformers  »

 » Read more about: S&P 500 and Nasdaq Hit Records in Broad Rally  »

Power, Energy, and Mineral Resources Adviser Muhammad Fouzul Kabir Khan yesterday assured the country’s business leaders that there is no reason to worry about US tariffs yet, as negotiations with the office of the United States Trade Representative (USTR) are still underway.

After weeks of official-level talks to reduce the 35% US tariffs,

 » Read more about: No need to worry as US tariff talks ongoing: Fouzul tells biz leaders  »

U.S. stock futures are little changed after President Donald Trump set steep new tariffs on copper imports, as well as imports from Brazil; Nvidia (NVDA) and Microsoft (MSFT) shares are in focus after both closed at record highs yesterday; Delta Air Lines (DAL) shares are jumping after the carrier reported better-than-expected results and reinstated full-year projections;

 » Read more about: 5 Things to Know Before the Stock Market Opens  »

Nvidia co-founder and CEO Jensen Huang is now nearly as rich as longtime billionaire Warren Buffett — and could even soon surpass the Oracle of Omaha, in terms of net worth.

Huang, 63, has a $142 billion net worth — including a $27.6 billion increase since January 1 — according to a Bloomberg estimate on Wednesday evening.

 » Read more about: Nvidia CEO Jensen Huang could soon be richer than Warren Buffett—he's worth $142 billion now  »

 » Read more about: Why Micron Stock Jumped 46% in the First Half of the Year  »