NEW YORK (AP) — Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week.
The S&P 500 rose 0.4% for its first gain in three days. The Dow Jones Industrial Average slipped 55 points, or 0.1%, and the Nasdaq composite gained 0.6%.
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An industry push to offer options trading on Bitcoin exchange-traded funds recently cleared some regulatory hurdles.
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Around nine months after the stress tests for small and mid cap funds became mandatory for mutual fund houses, some of these funds would still require as long as 43 to 56 days to liquidate 50 percent of their portfolio in case of a stress event, reveals the latest data for October.
The gold mining industry could be getting a shot in the arm by near-record high gold prices, currently around US$2,604 per ounce.
Vancouver-based Orla Mining Ltd. on Monday announced an $850-million deal to buy the Musselwhite mine in northern Ontario from Colorado-based Newmont Mining Corp.
Purchasing the mine for $810 million in cash,
Benchmark stock indices Sensex and Nifty gained in Tuesday’s trade on value buying, after falling in the last several sessions. A fall in the 10-year US bond yield and a weak dollar that pushed emerging markets higher earlier today aided sentiment.
Sensex stood at 77,759.67, up 420.66 points or 0.54 per cent.
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All equity mutual fund categories have offered negative average returns in the last one month. These categories lost between 0.82% to 12.42% in the mentioned period. There were 22 equity mutual fund categories including sectoral and thematic funds in the said period.
Nvidia sinks 3% as report surfaces of overheating Blackwell AI chips
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While the benchmark indices have declined by over 10 percent in the past one month on account of massive FII outflow to the tune of ₹94,000 crore, investors are getting profoundly jittery over the value of their portfolio, and rightly so. Besides, the search for value stocks is getting narrower by the day.
Few American investors are as widely revered as Warren Buffett, the 94-year-old business magnate, investor and philanthropist worth a cool 146 billion bucks.
Many are curious as to how the “Oracle of Omaha” amassed his spectacular wealth. Though the vast majority of his fortune he earned as a grown adult,
» Read more about: Warren Buffett’s First Job — and the Money Lessons You Can Learn From It »
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