Silver ETFs Outshine GLD in Strong Metals Run
Physical silver through SLV, SIVR ETFs lifts investors to nearly 41% gain this year.
Physical silver through SLV, SIVR ETFs lifts investors to nearly 41% gain this year.
BlackRock aims at carving ETFs from mutual funds, a process engineered by rival Vanguard 24 years ago.
Slower growth amid sticky inflation has equity investors concerned.
Analysts expressed views on ConocoPhillips’ (NYSE:COP) mixed third-quarter results. On Thursday, ConocoPhillips reported an adjusted EPS of $1.78, beating estimates; revenue of $13.6 billion vs. $14 billion expected. The company boosted its quarterly dividend by 34% to $0.78/share. The company raised the outlook for FY24 production to 1.94-1.95 MMBOED (from 1.93 to 1.94 MMBOED). Truist Securities analyst Neal Dingmann expects pro forma FCF to rise substantially due to strong organic performance
The October jobs report is the last major economic release before the Federal Reserve makes its policy decision on Nov. 7.
For the fifth consecutive week, mortgage rates have moved even higher. According to the latest data out from Freddie Mac, the average 30-year fixed mortgage rate now sits at 6.72%. Yahoo Finance housing reporter Claire Boston joins Brad Smith on Wealth to speak more the latest mortgage print and what recent inflation data is indicating about the Federal Reserve's next interest rate decision. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
Active fund managers faced mixed performance against market indexes, with most large-cap funds lagging the S&P 500.
According to JPMorgan, the AI-driven boost will help drive the S&P 500 over the medium term as AI adoption will be widespread in the market.
Sector ETF report for XLF
ConocoPhillips (NYSE:COP) shares are trading higher after the company released third-quarter results. Here's a breakdown of the report. Revenue of $13.604 billion missed the consensus of $14.018 billion Adjusted EPS of $1.78, beating the consensus of $1.64. Operating cash flow stood at $5.8 billion. $2.9 billion of capital expenditures and investments funded. $0.9 billion in ordinary dividends and VROC paid. Repurchased $1.2 billion of shares. Quarter ended with $7.1 billion in cash and short-te