Wall Street drifts lower as S&P 500 flirts with its first loss of the week
NEW YORK — U.S. stocks are drifting Thursday following a jumble of mixed reports that shed little clarity on how the U.S. economy is managing through U.S. President Donald Trump’s trade war.
The S&P 500 was 0.2% lower in early trading and potentially on track for its first drop of the week.
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Read MoreCryptocurrency Tycoon's Daughter Escapes Kidnapping Attempt: Viral Video Captures Terrifying Ordeal
French authorities are on the hunt for armed men who attempted to kidnap a woman, believed to be the daughter of a cryptocurrency tycoon, on Tuesday.
What Happened: Three men in a van arrived in a busy street in Central Paris with the intent to kidnap the woman,
Delhi court asks CBI to consider taking over cryptocurrency fraud case probe
A Delhi court examining a cryptocurrency fraud of around ₹2,000 crore has asked the Central Bureau of Investigation (CBI) to consider taking over the probe from Delhi Police suspecting involvement of a syndicate.
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Read More3 Stocks Hiking Dividends Worth Buying
Investing
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Dividend stocks have historically outperformed non-payers by a wide margin, and did so with less volatility.
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Buying income stocks can help you amass a fortune over time,
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Read MoreWhy Advanced Micro Devices Stock Is Skyrocketing This Week — Has the Nvidia Rival's Day Finally Come?
Shares of Advanced Micro Devices (AMD 1.73%) are flying higher this week. The company’s stock has gained 14.2% as of 12:02 p.m. ET on Friday. The S&P 500 and Nasdaq-100 indexes both had major gains in the same period.
The chipmaker announced a significant expansion of its share buyback program this week and revealed a massive deal with a Saudi Arabian artificial intelligence (AI) company.
The Burst
Why Coinbase Could Soar
Among the best business models in the world is the money management one. While fees have come down substantially in recent decades, you can certainly still find examples of financial advisors charging north of 1% on assets under management while another 1% is charged through commissions, 10b-1 fees, and mutual fund costs.
Sum those up and 2% of invested capital is lost each year to these hefty fees.
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Read MoreThe Ivy
Does Buffett Think Markets Will Tumble Soon?
At 94 years old, Warren Buffett remains perhaps the most-watched investor in the world. Every decision the value investing legend makes is carefully studied, often to determine his thoughts about the broader market and stock valuations.
This year has seen Buffett appear to turn more bearish than in any past period, with Berkshire Hathaway selling a net amount of $127 billion of stock in just the first three quarters.
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Read MoreThe Spotlight
Spotlight: 1 Stock To Get Hot and Bothered By
Sometimes a deal just falls in your lap and that might well be the case now with Match Group. The online dating giant houses many, perhaps even most, of the dating apps you have heard of, from Tinder to Hinge.
Sadly for shareholders, the stock has had a downright awful year, plunging 26% year-to-date after a poorly received earnings report a few days ago.
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