S&P Global Says US Stablecoin Adoption Could Soar Following New Rules

cryptonews.com American credit ratings firm S&P Global said that a change in rules under the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the…

Index funds: What they are and how to invest in them

aol.com Index funds are mutual funds or exchange-traded funds (ETFs) that have one simple goal: To mirror the market or a portion of it. For example, an S&P 500 index fund tracks…

S&P 500 is at risk of crashing 44%

finance.yahoo.com None The S&P 500 is at risk of plunging 44% to around a four-year low, Paul Dietrich said. • None The top strategist explained that selling stocks well before they crash can…

Yen Dumped, Yield-Curve Pumped, Bonds & Bitcoin Slump

zerohedge.com Yen Dumped, Yield-Curve Pumped, Bonds & Bitcoin Slump Quiet macro day with Durable Goods Orders looking like a beat - but only because of sizable downward revisions - as…

High Yielding Stocks Are Due For A Comeback

blogs.cfainstitute.org The last 12 months have been difficult for equity income investors. The top 20% of dividend-paying stocks in the S&P 500 Index have returned 13.5% in the 12 months through…

RBC shock firing of CFO comes at crucial time for Canada's largest bank

financialpost.com The sudden exit of Royal Bank of Canada’s chief financial officer comes at a “critical juncture” for the lender as it tries to absorb the biggest acquisition in its history,…

Yields Will Trigger "Serious Earthquakes" Across The Economy, Former Floor Trader Says

zerohedge.com Yields Will Trigger "Serious Earthquakes" Across The Economy, Former Floor Trader Says Submitted by QTR's Fringe Finance Jack Boroudjian is a legendary former floor trader…

Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

coindesk.com Regulatory clarity in the U.S. should inspire banks from the traditional financial world to enter the stablecoin market and may also reduce the dominance of Tether's USDT,…

Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M

coinspeaker.com Coinspeaker Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M Stablecoins are fast growing in popularity, and the result is now evident in the…

The US is preparing to hit back at China's glut of cheap solar panels by targeting its allies

aol.com None US solar companies accused Chinese firms in Southeast Asia of dumping cheap solar panels on the market. • None A glut of solar panels has cut prices in half in the past…

Stock market today: Wall Street drifts after a two-day rally

apnews.com Stocks are drifting in early trading as Wall Street lets off the accelerator. The S&P 500 edged up 0.3% early Wednesday after a two-day winning streak erased nearly…

Number of Stablecoin Holders Nears 100M Mark, Data Show

coindesk.com Stablecoins are hotter than ever. The number of addresses holding dollar and crypto-pegged stablecoins has increased 15% this year to above 93.6 million, the highest on…

Israel Economy Deterioration Worsens as Gaza Conflict and Other Hostilities Grind On

nakedcapitalism.com There’s been remarkably little coverage in the Western press about how well, or not, Israel’s economy is holding up under the impact of what is turning out to be a…

China may have to brace for a new wave of bond defaults, S&P says

cnbc.com BEIJING — China's state-directed economy may be creating the conditions for a new wave of bond defaults that could come as soon as next year, according to an S&P Global…

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

aol.com Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by strong gains for semiconductor makers. Japan’s…

Brace for ‘third wave’ of China bond defaults on financing costs, tighter policies: S&P

scmp.com Brace for ‘third wave’ of China bond defaults amid high financing costs, slow growth and tighter state policies, S&P says China could face a third wave of corporate at home…

These Magnificent Seven Stocks Pulled the Stock Market Higher Today

247wallst.com What a difference a week makes. The bulls took control today as the magnificent seven tech stocks rallied and all three of the major indices ended in the green amid an…

Transcript: Ashish Shah, CIO GSAM

ritholtz.com The transcript from this week’s, MiB: Ashish Shah, CIO, Public Investing, Goldman Sachs Asset Management, is below. You can stream and download our full conversation,…

You Would Fire “God” As Your Portfolio Manager

investorplace.com Investors are growing nervous … be careful about selling today … why investors would likely fire “God” if He was their portfolio manager … the payoff for holding your…

Dollar Retreats as Bond Yields Fall and Stocks Rally

barchart.com Tuesday fell to a 1-week low and finished down by -0.37%. The dollar was under pressure from strength in the euro after Tuesday’s news showed the Eurozone Apr S&P composite…

Victor Khosla on "toasty" equity, a real-estate reckoning, and ducks

semafor.com The Scene Asset-manager names come in a few well-worn flavors. There are your “color plus water features”. There are your Connecticut landmarks, your Atlantics and Pacifics.…

Will spiking shipping costs cause inflation to surge?

economist.com When economists talk about bottlenecks, they typically refer to points in a supply chain that slow down production. The global economy is at present providing a rather…

Opening Bell: 3.20.24

dealbreaker.com Is Microsoft Building an Unassailable Lead in A.I.? [DealBook]Microsoft hired a former Google executive to run its consumer A.I unit. Mustafa Suleyman co-founded DeepMind, a…

U.S. economy takes a step backward in April, S&P surveys show, as demand weakens

marketwatch.com The U.S. economy lost some momentum in April, a pair of S&P surveys found, as businesses experienced a decline in new orders and reduced employment for the first time since…

Dollar Falls on Lower Bond Yields and Stronger Stocks

barchart.com this morning is down by -0.35% and posted a 1-week low. The dollar is under pressure as the euro strengthened after today’s news that the Eurozone Apr S&P composite PMI…

Bank of England’s chief economist dampens hopes of summer interest rates cut

theguardian.com The prospects of a summer cut in UK interest rates receded on Tuesday after the Bank of England’s chief economist cautioned against cutting too soon and a key survey…

Gold Price Suffers Biggest Daily Loss In 2 Years

forbes.com Gold prices suffered a rare tumble Monday, as the surprisingly on-fire asset took a breather, though gold remains among the best investments of 2024 thus far. Gold futures…

Taylor Swift breaks her own streaming record in just 12 hours

thestreet.com Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading on Tuesday, April 23. Full Video Transcript…

Futures Extend Rebound Into Second Day Ahead Of Tesla Earnings Despite Rising Yields

zerohedge.com Futures Extend Rebound Into Second Day Ahead Of Tesla Earnings Despite Rising Yields US equity futures are higher for the second day, even as small-caps underperform after…

Yes, It Is Painfully Normal To Not Make Money

alhambrapartners.com Let’s get this out of the way quickly. The answer to his question is yes, this is painfully normal. When you have a bear market – or you have two in four years like we have…

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

apnews.com Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before. U.S. futures were mixed and oil prices rose.…

Investors turn less bullish on S&P 500 amid inflation, geopolitical risks- Citi By

investing.com Investing.com-- Investors were seen sharply scaling back bullish positions on U.S. stock indexes over the past week, specifically the and the , as sentiment was battered by…

Kolanovic Says "Correction Has Further To Go" Even As JPM's Trading Desk Is "Bullish"

zerohedge.com Kolanovic Says "Correction Has Further To Go" Even As JPM's Trading Desk Is "Bullish" On one hand, the technical storm appears to have subsided: as we correctly predicted…

Asia markets extend gains ahead of business activity figures from around the region

cnbc.com Muslim devotees are breaking their fast and having their meals on the last Friday of the holy fasting month of Ramadan, also known as Jumat-ul-Vida, at the Jama Masjid in…

Australia Shares Set to Rise at Open

wsj.com Australia’s S&P/ASX 200 looks set to rise at the open, following Wall Street which bounced after easing tensions in the Middle East provided a boost to market confidence.

Stock market today: Broad rally kicks off busy earnings week

newsweek.com Stocks closed higher on Monday, rebounding from a brutal week and setting the stage for a busy period for corporate earnings that investors hope will help put 2024's rally…

The S&P 500 Is Near Its Record High: Here's What Warren Buffett Is Doing

finance.yahoo.com The capital markets have gotten off to a red-hot start in 2024. The Nasdaq Composite index is up nearly 4% so far this year, while the S&P 500 has gained closer to 5% as of…

Empire Newsletter: Bitcoin wasn’t a hedge

blockworks.co Where to, digital gold? Halving week is off to a tumultuous start. Cryptocurrencies whipsawed over the weekend on growing geopolitical concerns after Iran’s Saturday drone…

Stocks Rally as Bond Yields Ease. The Dow Adds More Than 320 Points

barrons.com Stocks were rallying in afternoon trading as the broader market looked to bounce back from a dreadful stretch. The Dow Jones Industrial Average was up 323 points, or 0.8%.…

What will it take to get tech stocks rising again? An unemployment rate above 4%

cnbc.com Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. U.S. stocks rose…

Forget the S&P 500: Buy This Incredible Growth ETF Instead

finance.yahoo.com Many people have achieved financial success through index investing. Buying broad-market funds and holding them for the long term takes a lot of the risk out of investing…

Futures Rebound As Geopolitical Fears Fade, Fed Enters Blackout Period

zerohedge.com Futures Rebound As Geopolitical Fears Fade, Fed Enters Blackout Period US equity futures rose, putting the S&P on pace for its first gain after 6 straight days of losses, as…

Why BCE, Rogers and Telus are all struggling

theglobeandmail.com A new consensus is quietly forming around Canada’s telecommunications industry – a painful narrative that is putting more pressure on the sector’s sinking share prices.…

Tesla shares are officially down 40% this year

forbes.com.au “The moment of truth has now arrived for [chief executive] Elon Musk and Tesla,” Wedbush analyst Dan Ives wrote to clients Friday. “Many long-time Tesla believers are giving…

Hong Kong stocks soar after China’s market regulator support pledge

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong leapt at the open after China’s market regulator unveiled a series of market reforms…

S&P cuts Israel's credit rating amid Middle East conflict

aol.com S&P Global Ratings on Thursday cut key short- and long-term amid the country's ongoing conflict with Hamas and its recent confrontation with Iran. S&P Global lowered the…

Opinion: Banks must offer more than just their own financial products

theglobeandmail.com Andrew Auerbach and Jean Blacklock are contributing columnists for The Globe and Mail. They are co-founders of Delisle Advisory Group, an independent wealth-management…

Cramer: The cause of Super Micro's 23% drop Friday? Go back to March 8

cnbc.com At law school, we learned about "proximate cause," one of the few valuable concepts you can take from three years of drudgery. It's about who and what caused the injury and…

This ETF Has Beaten the S&P 500 in 9 of the Past 10 Years

finance.yahoo.com The S&P 500 is often the benchmark for investors to try and beat. And it's a good one to strive for, as in the long run the broad index has generated returns of 10%. If you…

Bond Yields Have Hit “the Danger Zone”

investorplace.com A “targeted” counterattack last night… the 10-year Treasury yield is a problem for stocks… home sales fall thanks to expensive mortgages… silver might shine more than gold…

Even tech stocks like Nvidia need to take a break: Analyst

finance.yahoo.com The broader market has been in flux with the tech-heavy S&P 500 (^GSPC) down for the last trading week. Recent geopolitical tensions in the Middle East haven't been the sole…

Empire Newsletter: Bitcoin is halving a moment

blockworks.co Four more years! Bitcoin Halving Day is here (at least, that’s what some countdowns are projecting, sometime before midnight ET). Finally! By now, you’ve slogged through…

Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow

investing.com The Nasdaq and the ended lower on Friday as Netflix (NASDAQ: ) shares weighed, but American Express (NYSE: ) kept the Dow afloat after quarterly earnings from both…

S&P 500 Slides for Sixth Straight Day. Tech Stocks Are Struggling

barrons.com The S&P 500 closed down for the sixth-straight day as technology stocks continued their struggles this earnings season. The Dow Jones Industrial Average gained 212 points,…