U.S. banking biggies have cleared the key Stress Test conducted by the Federal Reserve, barring the U.S. division of Credit Suisse. Regulators allowed a majority of the 18 institutions to raise dividends and buy back shares.
Financials surge after crushing the Feds stress test
Why this Energy ETF could be ready to soar
The Fidelity MSCI Energy Index ETF (FENY) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.
Why this tech ETF could be a Buy heading into next month
The U.S. stock market is set to wrap up a banner June, with the S&P 500 Index (SPX) fresh off all-time highs. What's more, several sectors could continue to shine in July, if recent history is any guide. In fact, the Technology Select Sector SPDR Fund (XLK) emerged as one of the best exchange-traded funds (ETFs) to own next month, having ended July higher 100% of the time in the past 10 years.
This marijuana ETF just announced it will begin issuing a quarterly dividend
MJ, The ETFMG Alternative Harvest ETF (NYSE Arca:MJ) has declared an approximate $6.5 million quarterly dividend which equates to $0.18 per share. The dividend will be paid July 3, 2019 to shareholders of record as of the close of business, July 1, 2019.
Why this investor thinks the market will tank if trade isn’t resolved at G-20
One thing many of Wall Street's top minds could agree on is that if President Donald Trump walks away from this week's G20 summit with no progress on the U.S.-China trade front, a good bit of air could come out of the red-hot stock market.
Stocks rise as US Treasury Secretary Steven Mnuchin fuels hopes of a Chinese trade deal
Domestic stocks rose after U.S. Treasury Secretary Steven Mnuchin stoked hopes of a near-term trade deal with China.
Market remains mixed near all time highs
Why is the market sentiment low despite the indices being at near record highs
The S&P 500 closed at a record on Thursday -- its first all-time high in seven weeks -- after the Federal Reserve signaled that an interest-rate cut may be on the horizon.
S&P 500 opens at record high, after the Federal Reserve signals a rate cut
(Reuters) - A rally on Wall Street lost strength on Thursday after the S&P 500 index touched a record high, powered by the Federal Reserve's signals that it could cut interest rates as early as July to combat growing risks to global and domestic growth.
An interesting dividend ETF that investors should consider buying
Making its debut on 09/12/2016, smart beta exchange traded fund Fidelity High Dividend ETF (FDVV) provides investors broad exposure to the Style Box - All Cap Value category of the market.
According to Skybridge, the Dow Jones Industrial Average could hit 30,000 by next year
The Dow 30,000 happening sometime within the next 12 months may not be as insane as it initially sounds.
What to expect when the Fed announces its interest-rate decision today
The Federal Open Market Committee (FOMC) will deliver its interest-rate decision Wednesday, following a two-day meeting. After the committee's announcement, Federal Reserve Chairman Jerome Powell will hold a press conference. Given the recent escalation of the U.S.-China trade war and slew of worrisome economic data, this month's FOMC meeting will be even more closely watched than usual.
Growing concerns that natural gas production is outpacing demand growth
The U.S. Energy Department's weekly inventory release showed a smaller-than-expected increase in natural gas supplies. However, the injection was higher than the five-year average and the year-ago rise. Therefore, despite a slight recovery, natural gas prices remained close to the lowest levels in three years because of growing fears that soaring production is outpacing demand growth.
Global X officially files with the SEC to become the latest Cannabis ETF
Billionaire investor Jeffrey Gundlach sees chance of recession at 65%
Prominent bond investor Jeffrey Gundlach, the CEO of $130 billion DoubleLine Capital, sees the increasing likelihood of a recession within the next six to twelve months.
