Wall Street Fear Index Jumps as Tariff Fears Resurface
Investors were feeling on edge Tuesday as uncertainty about President Donald Trump’s trade policies looked set to drag down the blue-chip U.S. stock indexes.
The Cboe Volatility Index, a widely followed fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX, climbed 4.5% to just under 25 in early trading.
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Read MoreCathie Wood Loses Confidence in Palantir Stock (PLTR) Ahead of Q1 Earnings
Cathie Wood’s ARK Investment Management continues to trim holdings of Palantir (PLTR) ahead of the AI-driven data analytics firm’s Q1 earnings, due on May 5. On May 2, ARK Invest disclosed selling $30.7 million worth of Palantir stock. Earlier on May 1, the investor reported a $2.65 million sale of PLTR shares.
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Read MoreAlpaca Introduces Fixed-Income Trading, Providing Equities-Like Experience for Global Retail Order Flow
Alpaca is focused in enhancing the ecosystem of financial services with various product offerings, strategic partnerships, and a new funding round.
Read MoreTop 10 ETFs to Buy To Prevent Portfolio Volatility
Market volatility is an essential part of investing to understand, as the prices of assets will always change and fluctuate. Investors are always looking for ways to hedge against volatility and reduce risks. When it comes to investing in ETFs, it’s achieved by choosing a well-balanced and diversified portfolio of assets.
In this article,
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Read MoreUS, China agree to pause sky-high tariffs for 90 days
By JAMEY KEATEN, DAVID McHUGH, ELAINE KURTENBACH and KEN MORITSUGU undefined
GENEVA (AP) — U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
Stock markets rose sharply as the globe’s two major economic powers took a step back from a clash that has unsettled the global economy.
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Read MoreThe Burst
25 Warren Buffett Quotes That Stand The Test Of Time
Charlie Munger said at the 1996 Annual Berkshire Hathaway Shareholder Meeting: “Warren talks about these discounted cash flows. I’ve never seen him do one” [“It’s true” replied Buffett. “If (the value of the company) doesn’t just scream out at you, it’s too close”]
“Since I know of no way to reliably predict market movements,
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Read MoreThe Ivy
Market Commentary: 1 Stock Has Popped 80% Of The Time
Dick’s Sporting Goods has lots going for it. It’s a well-known brand with a trusted customer base, and its sales have been on the rise the past few years, up 28.3% in 2022 alone before slowing down in 2023.
It’s also got a pretty attractive dividend, paying out 2.7% to loyal shareholders. And at an 11.7x P/E ratio the company is not trading at a particularly lofty multiple.
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