Scott Bessent a possible contender to replace Federal Reserve's Jerome Powell: Report
A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury Secretary Scott Bessent.
Modern Portfolio Theory explained: A guide for investors
Modern Portfolio Theory explained: A guide for investors
Investing can often feel like navigating a maze of endless options and ever-shifting market conditions.
» Read more about: Modern Portfolio Theory explained: A guide for investors »
Read MoreWall Street Is Holding Its Breath. Just Look at the Dow.
Stocks have been trading sideways all day, but the Dow, especially, has been stuck in a narrow range.
The blue-chip index was recently up 17 points, moving in and out of positive territory. It has traded as low as 42,710.09 and as high as 42,925.94. At just 215.85 points between its intraday low and high,
» Read more about: Wall Street Is Holding Its Breath. Just Look at the Dow. »
Read MoreMarket volatility has marked Trump's second term — here's how investors have fared
- For all the drama in the stock market of late, investors’ portfolio balances may not look too different from when President Donald Trump entered office in January.
- There have been some unnerving days amid the Trump administration’s tariff policies. The S&P 500 dropped 2% or more on six days between Jan. 20 and June 6,
Stock market today: Gift Nifty up 37 pts; key levels to watch for Nifty, Sensex & Nifty Bank
Indian benchmark indices are set to open higher on Thursday amid the rising caution in global stocks. The rising geopolitical tensions in the middle east and fragile tariff truce between the US and China may dent sentiments at Dalal Street. Inflation data in the US was better than expected but import tariffs may push it higher in the coming months.
The Burst
Did Zuckerberg Just Have His iPhone Moment?
Last week Mark Zuckerberg unveiled Meta Platforms (NASDAQ: META) latest hardware product, Orion augmented reality glasses,
As it ventures deeper into the world of AR and wearable technology, there’s a very real possibility that this is Meta’s “iPhone moment,” revolutionizing the tech landscape as Apple’s iconic smartphone did in 2007.
» Read more about: Did Zuckerberg Just Have His iPhone Moment? »
Read MoreThe Ivy
Why Did Billionaire with Perfect Track Record Buy This Stock?
ZoomInfo Technologies Inc. (NASDAQ: ZI) might have won over legendary investor Stan Druckenmiller but the market hasn’t been so kind, punishing the stock to the tune of 37% year-to-date.
When management unveiled earnings last quarter, $303.6 million in top line sales failed to ignite enthusiasm given that it represented a 3.3% year-over-year decline.
» Read more about: Why Did Billionaire with Perfect Track Record Buy This Stock? »
Read MoreThe Spotlight
Spotlight: What to Buy If Things Get Crazy Soon
Among the first lessons any great investor learns is “Don’t Fight The Fed.” Simply put, it means when the Fed is accommodative and engaging in quantitative easing, money is cheap and economies boom. Some call this the Fed Put because as markets fall, the Federal Reserve acts swiftly to provide liquid support by buying bonds.
» Read more about: Spotlight: What to Buy If Things Get Crazy Soon »