US stock futures slide after tech sell-off as oil climbs to 5-month highs
Futures tied to all three major US stock indexes fell Friday morning after Thursday’s steep tech sell-off, while Brent crude rose to five-month highs amid Middle East tensions.
Here’s where US index futures stood at 6:35 a.m. ET on Friday:
S&P 500: 7,688,
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Read MoreLooking for a Hedge? These 2 Gold ETFs Offer Very Different Ways to Invest
Investors often use gold as a portfolio diversifier or an inflation hedge, but the choice between holding physical bullion and investing in mining companies is a significant structural decision. Two popular gold-related ETFs that provide this exposure are the iShares Gold Trust (NYSEMKT:IAU) and the VanEck Gold Miners ETF (NYSEMKT:GDX).
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Read MoreBitcoin Spot ETFs vs Direct Bitcoin Ownership: Key Differences
1. What is the main difference between Bitcoin spot ETFs and direct Bitcoin ownership?
Bitcoin spot ETFs allow investors to gain exposure to Bitcoin’s price through shares traded on traditional stock exchanges without managing cryptocurrency wallets. Direct Bitcoin ownership involves purchasing actual BTC, which investors can hold in personal wallets,
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Read MoreWill the Bank of Canada raise rates? Why the Oct. 28 interest rate decision is shaping up to be the ‘most dramatic’ in ages
Canadians looking to renew their mortgages or purchase a new home are anxiously awaiting the next Bank of Canada interest rate decision, set for Wednesday, Oct. 28.
The bank is eyeing a potential rate hike, after more than 11 months of status quo when it comes to interest rates.
She’ll Claim Social Security at 62 and Regret It by Spring. If She Pays Back Every Dollar Within 12 Months, the Agency Will Treat It as if She Never Filed, and Her Bigger …
Most people assume a Social Security claim is permanent the moment the first check arrives, but a regulation buried in federal code gives early filers a narrow window to undo the decision entirely without losing a dollar of their future…
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Read MoreThe Burst
3 Stocks Champion Traders Are Betting On
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
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Read MoreThe Ivy
Billionaire Puts This AI Stock #1 (Hint, it’s not Nvidia)
While NVIDIA grabs the headlines, billionaire Stan Druckenmiller has pointed his canons towards Coherent Corp. (NASDAQ: COHR), making it the largest position in his portfolio. What is it about this stock that has warranted such a large stake and why did Stan put so many eggs in its basket?
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Read MoreThe Spotlight
A Fast-Growing DIAMOND Stock To Own
The global market for fine jewelry has always been massive, but it got an unexpected boost from COVID-19. In one poll, 30 percent of consumers said they bought more jewelry during the pandemic, and nearly 50 percent said they continued to purchase the same amount they always had.