COP28 Climate Summit: A Moment Of Reckoning For Oil Execs, Or Just Déja Vu?
Focus will be on cutting use of fossil fuels, while carbon capture will remain controversial
Israel-Hamas War, Day 55: 24-Hour Ceasefire Extension Offers Brief Respite, But Fragile Truce At Risk After Jerusalem Attack
Israel and Hamas extend ceasefire for 7 days, hostage release, US Sec. of State Blinken's diplomatic efforts, and market reactions to attack near Jerusalem.
Short Selling Rout: 92% Of ETF Shorts Were Unprofitable In The Last Month
Exchange traded funds most exposed to the equity market rally saw the biggest losses for short sellers.
Swiss Firm Pando Asset AG Joins Bitcoin ETF Race, Seeks Nasdaq Listing For Crypto Security
Pando Asset AG, an asset management company based in Switzerland, has submitted an application for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), as indicated in a Wednesday filing.
Fed’s Favorite Inflation Gauge Arrives Thursday: Will Data Bolster Bets On 2024 Interest Rate Cuts? Plus: 5 ETFs To Watch
The Bureau of Economic Analysis will release the PCE index, an inflation indicator closely watched by the Federal Reserve, on Thursday. Economists forecast a 3% year-on-year increase and a 0.1% month-over-month rise.
Fed Beige Book Reveals Economic Slowdown Amid Rising Consumer Price Sensitivity
Fed's Beige Book report shows consumers becoming more price sensitive and the economic outlook for the next six to 12 months is diminishing.
Stocks Drift Higher On Stronger GDP Data, Oil Rebounds As OPEC+ Mulls Cuts: What’s Driving Markets Wednesday?
Stocks are experiencing their 16th green session out of the 20 so far in November, with the S&P 500 index reaching its highest level since early August, and the Nasdaq 100 just 4.4% below its all-time highs set in November 2021.
Cathie Wood’s ARK Innovation ETF Achieves 35% Gain In November, Its Best Month Since Inception
The ARK Innovation ETF (NYSE:ARKK), managed by renowned investor Cathie Wood, has posted remarkable gains in November, making it the fund’s best-performing month since its launch in 2014.
Big-Tech Rally Continues: S&P 500 Could Return 11% In 2024
The S&P 500 index could return 11% in 2024, analysts predict. DataTrek co-founder Nicholas Colas suggests investing in the Russell 3,000.
10 High-Yield CDs With APYs Above 5% Offer Savers Superior Returns Over Treasuries
CD rates have surged due to Fed rate increases, with Bankrate's avg 1-year APY at 5.27%. CDs now more lucrative than government bonds or ETFs like SHY.