A unique mutual fund type is gaining ground with advisors, according to the FPA's newest survey. Advisors say the data points to a broader trend of planners shifting away from investment management.
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future.
Tesla stock is regaining ground today after falling 14.3% in Thursday's trading. The EV company's share price has been volatile amid shifts in the relationship between CEO Elon Musk and President Trump. Tesla stock is also getting a boost from the latest U.S. jobs report.
HSBC Americas Head of Debt Capital Markets Patrice Altongy sees a very attractive credit market. Barings High Yield Portfolio Manager Michael Best say consumer discretionary sector is a concern. They speak with Sonali Basak on "Real Yield."
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NEW YORK (Reuters) -The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks. Tesla shares slid 14% on Thursday as Musk and Trump feuded largely on social media, including the president threatening to cut off government contracts to Musk's companies. Although the stock modestly rebounded on Friday, Thursday's decline dragged down some of the most closely followed equity indexes, which are more heavily influenced by companies with the largest market values.
Manchester United had a disappointing 2024-25 Premier League campaign. Its deep UEFA Europa League run, however, led to better-than-expected revenue gains in the fiscal third quarter.
Tesla CEO Elon Musk and President Donald Trump's public spat has rattled Tesla's stock, but several Wall Street analysts said they're still bullish on the electric vehicle maker.
MercadoLibre (MELI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Apple and Disney are both huge players in the entertainment sector. The question is, when it comes to Apple vs. Disney stock, which is the smarter investment? This guide will walk you through the ins...