US: S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
[NEW YORK]Technology shares boosted US stocks to a higher close on Wednesday (Oct 8) as investors, lacking economic data during the government shutdown, looked to minutes from the US Federal Reserve’s most recent policy meeting for clues to the outlook for interest rates.
The tech-laden Nasdaq enjoyed the biggest percentage gain, boosted by the artificial intelligence (AI)-related megacaps that have led market gains so far this year.
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Read MoreSensex Today | Stock Market LIVE Updates: Nifty looks to break above recent swing high ahead of TCS, Tata Elxsi Q2 results
Sensex Today | Stock Market LIVE Updates: The markets have given up the gains attained in early trade. Earlier, the Nifty was up about 50 points, inching closer ot the 25,100 mark. The Sensex index is up over 100 points, with the 30-stock index pulling itself towards the 82,000 mark.Dr Reddy, Tata Steel,
Read MoreJulio Cesar Chavez Jr. announces retirement decision after tough loss to Jake Paul
The return of Julio Cesar Chavez Jr. to boxing was not what he expected. The Mexican boxer lost to Jake Paul by unanimous decision, prompting him to announce his retirement plans following the bout.
Julio Cesar Chavez Jr.
Read MoreForward Dividend Yield Explained: Compare With Trailing Yield
What Is a Forward Dividend Yield?
A forward dividend yield is an estimation of a year’s dividend expressed as a percentage of the current stock price. It is used to project the expected future income from an investment.
The forward dividend yield is calculated by dividing a year’s worth of future dividend payments by a stock’s current share price.
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Read MoreBest options trading simulators: Learn to trade options with no risk
Options simulators can be a great benefit for traders looking to learn how options prices move, how to enter orders and how to not lose your shirt.
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Read MoreThe Burst
Market Commentary: Underestimate Zuckerberg At Your Peril
Long ago, a conversation between two investors about the sluggish revenues of what was then Facebook went something along the lines of this: With all those users, why isn’t Facebook making more?
To which the second investor replied, do you really think they figured out how to get a billion users on their platform and don’t know how to make money from them?
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Read MoreThe Ivy
You’re About To Spit Out Your Coffee
While the market has generally been trending higher this year with various bumps in the road, Starbucks has had an altogether different journey and remained largely flat over the past 12 months. Worse still, until its recent CEO switchover, it had been decidedly under water.
The fundamentals have been fairly underwhelming for some time as earnings reports have revealed.
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Read MoreThe Spotlight
If You Could Only Buy 1 Stock, This Would Be It
Putting all your eggs in one basket is usually a bad idea, unless that basket is heavily diversified. Yet most companies fail the diversification test. Google is still largely a bet on advertising. Uber is mostly a bet on ridesharing and food delivery. And Netflix is a bet on streaming content. If even the titans of technology fail the diversification test,
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