Most mutual funds don’t beat the market — but what’s ‘the market’ anyway?
Consider the nearly 3,900 actively managed U.S. equity mutual funds and exchange-traded funds tracked by investment researcher Morningstar. In calendar 2024, just 13.2% of these investments beat the S ...
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from ...
‘Take your retirement on a test drive’ and other financial New Year’s resolutions retirees should consider, according to financial planners
“Retirement is an irreversible decision in some ways. You can always go back to work after you retire, but it’s very unlikely ...
Dow Jones Industrial Average up by over 770 points in final hour of trading
U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data ...
Goldman says Trump's win has boosted the confidence of corporate CEOs
It seems appropriate that Goldman's stock is enjoying its best day since the election, because CEO Solomon indicated that corporate America seems pretty happy that Trump won. "There has been a ...
Here's why bank stocks are broadly rallying on Wednesday
The S&P 500's financials sector was on track for its best day in two months, and it has to do with how Wall Street trading revenues for the fourth quarter appear to be stronger than expected. That's ...
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,350 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,425 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,502 BMI Nickel ...
Why S&P 500’s financials sector is on pace for its best day since early November
Bank stocks were broadly rallying Wednesday as investors cheered the kickoff of earnings season and expressed a sigh of ...
Property Developer Antharas Files for 1.25M Share IPO
Antharas said it expects the IPO to price between $4 and $5 per share. The company applied to list on the Nasdaq Capital Market under the symbol AAS. For the year ended Dec. 31, 2023, the company ...
Wall Street is more likely to see a 'positive surprise' this earnings season, says one strategist
Financial markets were restoring calm after a softer-than-expected December consumer-price inflation report spurred a sharp rally in U.S. stocks and a plunge in Treasury yields. Now investor focus is ...
What to expect from the CPI report
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024. Wall ...
S&P 500 futures inch higher as traders brace for inflation data and bank earnings
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are adding 0.1%. Nasdaq 100 futures are gaining 0.2%. On Tuesday, the Dow Jones Industrial Average rose 221 points, or 0.52%, to ...