Oil Prices Jump As BP Halts Shipments Through Red Sea After Rebel Attacks
Oil prices find respite as BP halts Red Sea shipments due to security threat. Nymex WTI up 3.9%, Brent crude up 3.8%, USO up 3.6%.
Federal Reserve Official Cautions Markets On Premature Interest Rate Cut Expectations
Senior Fed official cautions markets may be anticipating too early rate cuts. Fed's December 'dot plot' indicated median preference for federal funds rate at 4.6%, implying reduction of 75 basis points. Market sentiment leans towards rate cuts, but Fed Chair Powell acknowledged possibility of rate reductions.
Cathie Wood Buys Whopping $21M Worth Of Shares In This Social Commerce Company Even As ARK Continues To Dump Coinbase, GBTC
Cathie Wood’s Ark Invest picked up huge chunk of shares in social commerce company Pinterest, Inc. (NYSE:PINS) and dumped more of crypto-linked stocks on Friday, daily trade disclosure from the firm showed.
Artificial Intelligence ETF Holders Are 37% Richer: But Regulators See ‘Emerging Threat’ To Stability
Janet Yellen, calls AI an 'emerging threat'. Yet, AI is driving many Technology stocks to new highs, and AI ETFs are up 37-68% YTD.
Traders May Need Frequent Portfolio Adjustments In 2024: BlackRock
BlackRock Inc sees rate cuts in second half of 2024. Shape of the yield curve to be key drivers of returns. ETFs could be good investment vehicles.
With Fed Rate Cuts On The Horizon, Equity Markets Soar, Dollar Weakens, 10-Year Treasury Yield Falls Below 4%
Fed delivered what markets wanted: likely no more rate hikes & rate cuts in 2024. Interest rate-sensitive assets outperformed, with small-caps, Treasuries & gold rising, while the dollar dropped.
Tech Meets Tune: Universal Music’s Lucian Grainge’s Insights into AI’s Resonance in the Melody of Tomorrow And How To Invest In The Soundscape
The MUSQ Global Music Industry ETF (ARCA: MUSQ) closed flat on Wednesday, continuing to consolidate the break north from a bull flag pattern, which Benzinga pointed out on Dec. 5 and on Nov. 30.
3 Stocks That Help Drive Brazilian Equity’s Outperformance Over US Equity In 2023
While US equity stocks produced nice returns, the Brazil market did better. What ETF shows this best?
SEC’s New Short-Selling Rules Face Court Challenge, Accusations They ‘Harm Market Participants And Investors’
Three hedge fund associations are jointly suing the Securities and Exchange Commission.
Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue?
So far, 2023 has been mostly about growth stocks. Sector performance within the S&P 500 indicates that growth-oriented stocks from the Information Technology and Communication Services sectors have been leading in returns.