Stock market today: Dow, S&P 500, Nasdaq futures fall as Trump-Xi summit nears end
Where is mutual fund money going? Report reveals April’s biggest portfolio shifts
Domestic mutual funds actively repositioned portfolios in April 2026, increasing allocations to sectors such as banking, FMCG and healthcare while continuing to witness strong investor flows into flexi-cap schemes, according to Ambit Capital’s latest report, “Strategy: MF Activity Tracker – Dissecting MF Portfolio: Where’s the Flow?” The report provides a detailed assessment of portfolio changes,
Dollar Rallies on Signs of a Resilient US Economy
The dollar index (DXY00) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday’s as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a potential framework under which each country identifies about $30 billion in goods on which tariffs could be eased without threatening national security interests.
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Read MoreFrom Bad to Worse: The Federal Reserve's May Inflation Forecast Is Terrible News for Stock Investors
It doesn’t take an economist to tell you that Americans are feeling a significant strain on their finances this spring. One of the most noticeable impacts of the ongoing war in Iran is the effect on gas prices.
Americans are paying an average of $4.50 per gallon, up about 50% since the start of the conflict.
Read MoreShould You Buy Nvidia Stock Before May 20? History Offers a Startling Conclusion.
Key Points
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All eyes will be on Nvidia stock when the company releases its first quarter report after the market close on Wednesday.
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Nvidia’s customers have been ramping up spending to support the ongoing demand for AI.
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Investors are keen to know what the stock will do immediately following the report,
The Burst
Don’t Be Fooled By Gold
Gold has been on a tear in recent months and rightly so, it seems, looking at macro events. What started as an Israeli-Palestine conflict has escalated to include Iran, which in turn is leading to speculation that the US may be get involved, and by then war appears to be a real possibility. Worse still are the prospects for further expansion if other countries are brought into the fray,
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Read MoreThe Ivy
Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet
News just came out that Warren Buffett was back in the market buying again and this time the stock comes as a bit of a surprise, it’s Pool Corp.
On the back of the news, Pool share price popped 3% as a stampede of buyers flooded in after the Oracle of Omaha. So what is it about this swimming pool supplies company that has piqued the interest of the 93 year old billionaire?
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Read MoreThe Spotlight
Top 3 Healthcare Stocks In Cathie Wood’s Flagship ETF
To say the least, this year hasn’t been kind to Cathie Wood’s “disruptive innovation” investment strategy and her ARK funds. Unfortunately for investors of ARKK, the ETF has been a massive letdown this year, sinking nearly 53% thus far — much worse than the S&P 500, which is down almost 18% year to date.
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