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 […]

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, […]

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. […]

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 […]