Author: News Room
Hello! This week’s ETF Wrap shines the light on gold ETFs, which are outperforming the S&P 500 so far this year. Will gold rally when the Fed eventually pauses its rate hikes?Please send feedback and tips to [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. There’s been a bit of a gold rush lately. Investors added almost $521 million into SPDR Gold Shares GLD, -0.71% over the past week through Wednesday, according to FactSet data. And on March 13, investors poured $709 million into the fund, the biggest daily inflows since April 2022, FactSet data show.…
Investors in the U.S. may be coming off Easter weekend eager to trade. Many stock exchanges—including in the U.S., Canada, and the U.K.—were closed on Good Friday. Last week, the Dow Jones Industrial Average climbed 0.6%, the S&P 500 fell 0.1%, and the Nasdaq Composite dipped 1.1%. Keep reading to see what market participants should know about trading hours on Easter Monday. Is the U.S. Stock Market Open Today? The New York Stock Exchange and the Nasdaq Stock Market will resume regular hours and open at 9:30 a.m. Eastern on Monday. Trading for stock-index futures resumed on Easter Sunday at…
A single conservative judge in Texas has provoked sudden health care and legal chaos by effectively halting the nationwide use of a popular abortion drug by the end of the week. US District Judge Matthew Kacsmaryk’s decision to suspend the Food and Drug Administration approval of the drug mifepristone, which has been used safely for more than 20 years, marked an extraordinary use of judicial power in the face of scientific data and is likely to force the Supreme Court to take up abortion again, a year after it overturned Roe v. Wade. His ruling on Friday, which he paused…
When Washington introduced expansive controls in October restricting chip and equipment exports to China, Beijing accused the US of “bullying” its tech sector and “violating the spirit of co-operation”. Such responses, amounting to little more than verbal bluster in response to a slow strangling of semiconductor supplies, reflected its industry’s reliance on foreign chip technology and the need to tread carefully with any retaliatory measures. But 10 days ago, Beijing finally went on the offensive, with the Cyberspace Administration of China announcing an investigation on national security grounds into Idaho-based memory chip manufacturer Micron Technology. The CAC said it would review…
The Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) is a high-yield REIT index ETF, investing in common and preferred REIT stock, as well as mREITs. RIET offers investors a strong, fully covered 9.9% yield, with the potential for some dividend growth. The fund is a buy, although it is a relatively risky investment, and might not be appropriate for more conservative investors. RIET – Basics Investment Manager: Hoya Capital Underlying Index: Hoya Capital High Dividend Yield Index Expense Ratio: 0.50% Dividend Yield: 9.92% Total Returns 1Y: -23.7% RIET – Overview RIET is a REIT index ETF, tracking the Hoya Capital…
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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.The bulls are dominating the crypto market again with key players like Solana (SOL) and Dogecoin (DOGE) rallying along. Ripple (XRP) may regain investors’ confidence when its court case closes. But Orbeon Protocol (ORBN) is the main center of attraction. Orbeon Protocol (ORBN) has completed its presale phase and its token price soared by 2713% in its final twelfth stage, but after listing on Uniswap, the token is still seeing only gains, making it an excellent investment opportunity.>>BUY ORBEON TOKENS HERE<<Ripple (XRP)Ripple (XRP) used to be the…
Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about him and the 2020 election, attorneys for the man and Fox News said Saturday in a court filing. The details of the settlement were not made public. “This matter has been resolved amicably by both sides,” a Fox News spokesperson said Sunday, declining further comment. Following the 2020 election, former Fox Business host Lou Dobbs had accused the businessman, Majed Khalil, of playing a key role in supposedly rigging the election against Donald Trump. In a tweet calling the…
A criminal defense lawyer for Donald Trump said Wednesday he expects that the porn star hush money case against the former president to get dismissed without having to go to trial in New York City.”I feel that we’re not going to get to a jury,” the lawyer, Joseph Tacopina, said in an interview on NBC’s “TODAY” show.”I think this case is going to fall on its merits on legal challenges well before we get to a jury,” Tacopina said.The lawyer’s prediction came after “TODAY” host Savannah Guthrie asked if he believed Trump could get a fair jury in Manhattan, where…
