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Tag: Index
Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday’s Economic Digest
Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday’s Economic Digest Economic data released Thursday morning revealed slightly higher-than-expected weekly unemployment claims, sharp contractions in housing starts and building permits, and a drop in a business outlook survey within the Philadelphia Federal Reserve District. Thursday’s Economic Releases: Key Highlights […]
Heat advisory extended, index values to hit 100; air quality alert issued for Thursday
A heat advisory issued by the National Weather Service in Wilmington has been extended through Saturday. Hamilton, Clermont, Butler and Warren counties in Ohio are under the watch, as well as Campbell, Kenton, and Boone counties in Kentucky and Dearborn, Franklin, Switzerland, and Ohio counties in Indiana. According to the National Weather Service, expect a prolonged period […]
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Billionaires Are Selling Nvidia Stock and Buying 2 Magnificent Index Funds Instead
Several hedge fund billionaires trimmed their positions in Nvidia (NASDAQ: NVDA) during the first quarter, and patched the holes in their portfolios by purchasing the Invesco QQQ Trust (NASDAQ: QQQ) and/or the iShares Bitcoin Trust (NASDAQ: IBIT), two index funds with significant growth prospects. Steven Cohen of Point72 Asset Management sold 304,505 shares of Nvidia, […]
If You Had Invested $1,000 in an S&P 500 Index Fund 10 Years Ago, Here’s How Much Money You’d Have Today
champpixs / Getty Images/iStockphoto Financial gurus from Warren Buffett to Graham Stephan say investing in the S&P 500 is the best path to wealth for most people. But with an average annual return of about 10% per year, can you really get rich investing in such a stable asset? Check Out: In 5 Years, These […]
Air quality alert in effect Thursday, heat index to hit 100 next week
The Southwest Ohio Air Quality Agency has issued an air quality alert through Thursday night. According to the National Air Quality Index, ozone pollutants are expected to reach the “orange” level, which is considered unhealthy for sensitive groups, particularly young children, the elderly, and those with respiratory conditions. The alert is effective from midnight through 11:59 p.m. […]
Summer heat arrives this week in Kansas City. Heat index to soar above 100 degrees
Summer-like heat and humidity will appear for the first time this season this week in Kansas City as heat index values are expected to climb above 100 degrees, according to the National Weather Service. The week, however, will get off to a pleasant start as temperatures will climb to around 80 degrees under sunny skies. […]
Can This Type of Portfolio Help You Retire With 20% More Money Than Index Funds?
If you’re saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research indicates there may be a significantly more lucrative way to handle your nest egg. A […]
KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances
(Bloomberg) — KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change. Most Read from Bloomberg The companies will replace Robert Half Inc., Comerica Inc., and Illumina Inc, according to a press release from S&P Dow Jones Indices Friday. The changes are […]
S&P 500: CrowdStrike, KKR, GoDaddy To Join Index In Quarterly Rebalance; Stocks Jump
CrowdStrike (CRWD), KKR (KKR) and GoDaddy (GDDY) will join the S&P 500 index, S&P Dow Jones Indices announced Friday evening. They’ll replace Robert Half (RHI), Comerica (CMA) and Illumina (ILMN) in the benchmark index before the open on Monday, June 24. X CrowdStrike and KKR stock jumped Friday night, with GoDaddy also rising. Robert Half […]