US stocks hit record high on Vietnam trade deal, tech stocks
The Dow Jones Industrial Average closed slightly lower but remained within 1.18% of its December 4 record close.
Wall Street has logged a string of record highs in recent weeks, reflecting a backdrop of choppy trading sessions and strong investor appetite for risk amid uncertainties around inflation, deficit and policy.
Nasdaq renewed its June 30 record,
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Read More'Not FANG. Not Magnificent Seven. Just M-N-Ms:' Jim Cramer Floats New Tech Acronym For These Stocks That Outpaced Peers
CNBC commentator Jim Cramer pointed out that three tech behemoths, Microsoft MSFT, Nvidia NVDA and Meta META, have closed the first half of the year at record highs, surpassing their ‘Magnificent Seven’ counterparts.
BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund
BlackRock, the world’s largest asset manager, is now earning more in annual fees from its spot Bitcoin exchange-traded fund than its flagship S&P 500 fund, according to a recent report.
“IBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposure,” NovaDius Wealth Management president Nate Geraci told Bloomberg on Wednesday.
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Read More2 Top S&P 500 Dividend Stocks to Buy Now
The S&P 500 (^GSPC 0.47%) recently hit a new high, but the bull run over the past few years has driven down dividend yields. At the time of writing, the yield on the widely held Vanguard S&P 500 ETF (VOO 0.44%) is sitting at just 1.22%.
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Read MoreSchloss Bangalore gains 5% as Morgan Stanley, BofA initiate coverage with bullish calls
Schloss Bangalore made an underwhelming maket debut on June 2, when the stock listed at a 7 percent discount.
Shares of Schloss Bangalore Ltd, the owner of the Leela Hotels chain, rallied as much as 5 percent to Rs 426 on July 8 after two global brokerages initiated coverage with bullish views,
Read MoreThe Burst
Alert: 61.9% Upside Ahead of Flu Season
Investment Alert: Buy Moderna (MRNA) Under $115/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
The global landscape shaped by the COVID-19 pandemic is gradually evolving.
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Read MoreThe Ivy
Is This Little-Known Health Innovation The Next Big Thing?
It’s hard to find the next big thing but Exact Sciences might be as close as any company is to it via its liquid biopsies, a transformative approach to diagnosing and monitoring various diseases by detecting signs of cancer, genetic anomalies, or other conditions in blood or other bodily fluids.
This technology has been particularly promising for cancer,
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