Passive investing boom could be causing a market bubble, but not in the stocks you would expect

July 28, 2019 By: adminbackup

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Alphabet Roars Higher; Amazon Underwhelms

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Market benchmarks gained on Friday morning after a U.S. Commerce Department report showed the country's gross domestic product (GDP) climbed 2.1% in the second quarter, decelerating from 3.1% three months earlier but arriving slightly above estimates for 2% growth. As of 10:15 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 13 points to 27,154, and the S&P...

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Markets Show Weakness on Earnings Deluge

July 25, 2019 By: adminbackup

U.S. markets settled mostly higher on Wednesday with the blue-chips lagging following disappointing earnings from a number of Dow components. The small-caps showed the most strength but Tech and the overall market stole the headlines after tapping fresh all-time highs.Volatility continues to cool after falling below another key level of support and comes ahead of Thursday’s earnings parade....

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Dow, Nasdaq notch worst day in 4 weeks amid swirling central-bank policy

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Apple plans to buy Intel’s wireless chip unit for $1 billion

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S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat

By: adminbackup

The S&P 500 and Nasdaq Composite reached all-time highs on Wednesday, propelled by a rally in chip stocks as investors shook off regulatory concerns facing Big Tech.The broad index rose 0.5% to 3,019.56, a record. The tech-heavy Nasdaq jumped nearly 0.9% to end the day at 8,321.50. The VanEck Vectors Semiconductor ETF (SMH) gained 2.7% to hit a record, led by a 7.4% rally in Texas Instruments...

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