Dow Jones & Nasdaq 100 Futures Soar on Trump-Xi Hopes as China Exports Soar
“Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The USA wants to help China, not hurt it!!!”
WTI crude oil soared 3.19% to $59.44 in morning trading, partially reversing Friday’s 5.32% plunge to $57.70.
» Read more about: Dow Jones & Nasdaq 100 Futures Soar on Trump-Xi Hopes as China Exports Soar »
Read MoreDow Jones futures gains due to increased Fed rate cut bets, easing US-China trade concerns
Dow Jones futures climb 1.12% to trade above 46,200 during European hours on Monday, ahead of the opening of the United States (US) regular session. The S&P 500 futures gain 1.52% to rise toward 6,700, while Nasdaq 100 futures surge 2.07% to trade around 24,900 at the time of writing.
13 mutual funds outperform with over 35% annual returns since last Diwali
Nearly 13 equity mutual funds have delivered returns of over 35% since the last Diwali, celebrated on October 31, 2024, according to an analysis by ETMutualFunds. In total, 522 equity schemes were reviewed for the period.
A deeper analysis showed that out of these 522 funds, 387 generated positive returns,
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Read MoreWhat Will Warren Buffett's Last Deal Mean for the Future of Berkshire Hathaway?
Buffett’s likely last deal is a win-win for the company.
Warren Buffett may have made his last major acquisition. The longtime CEO of Berkshire Hathaway (BRK.A -1.41%) (BRK.B -1.42%), who is stepping down from that position at the end of the year,
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Read MoreStock Market Live October 14: S&P 500 (VOO) Under Pressure on Trade War Concerns
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Key Points
- Just days ago, China expanded its rare earth export restrictions ahead of a possible Trump-Xi meeting.
- Now, in return,
The Burst
Why Did NVIDIA Invest In Little-Known AI Stock?
For nearly two years, the stock market has been steadily bidding up companies like NVIDIA and Microsoft that have emerged as front-runners in the AI race. In addition to these mega-cap companies, though, there are also many smaller companies trying to fill niche spaces in the AI market.
One such company is Nebius Group (NASDAQ:NBIS),
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Read MoreThe Ivy
Shopify’s Billion-Dollar Milestone: Is This a Golden Buying Opportunity?
Shopify (NYSE:SHOP) is an eCommerce platform, business services provider and payment processor that is used by millions of online merchants worldwide.
Like many tech companies, Shopify has seen its stock price tumble in recent weeks, with the stock’s 30-day losses currently sitting at 27.3%.
» Read more about: Shopify’s Billion-Dollar Milestone: Is This a Golden Buying Opportunity? »
Read MoreThe Spotlight
Spotlight: Unicorn Stock Is Envy of Fintech
Earlier in the week we covered a stock that had both impressive revenue growth and a handsome dividend, a rare combination that is hard to find in any industry. The stock was United Healthcare and it had a ten year history of growing year-over-year revenues in each quarter.
That inspired us to find other companies that are also growing yet pay a handsome dividend.
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