-- Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing consumer inflation after a soft reading on producer inflation.
The ultra-short duration fund aims to compete with established players in the cash proxy space.
The "Magnificent Seven" tech stocks have been under investor scrutiny due to their high valuations. However, recent trading weeks have seen these valuations decline, prompting investors to question whether these stocks are becoming attractive investment opportunities once again. Yahoo Finance reporter Josh Schafer analyzes the current state of these Big Tech valuations. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith
-- Gold prices steadied in Asian trade on Monday, remaining close to record highs as traders awaited more cues on U.S. interest rates from key inflation data due later in the week.
The market experienced a sell-off earlier this week. So is now a good time to buy into tech? Luke Barrs, Goldman Sachs Asset Management Fundamental Equity Managing Director, joins Yahoo Finance to give his insight into the tech trade. "Selectively, there's great opportunity across the broad market, but specifically in tech as well. There are some transformational themes that are coming through that are driving earnings," Barrs says. He notes that there was likely some froth in the market, so the recent sell-off was likely healthy for stocks. "When we come to technology, what is very apparent is not just the macroeconomic picture, but also the fact that people want to see... evidence that that gen AI trade is actually driving positive outcomes," Barrs adds. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Mariela Rosales.
-- Gold prices fell in Asian trade on Friday as positive U.S. labor data sparked a recovery in risk appetite and sapped some safe haven demand, putting the yellow metalon course for some weekly losses.
Equity funds lead the surge while fixed income sets a new high.
US mortgage rates have fallen to some of their lowest levels in over a year with the 30-year fixed-rate mortgage dropping to 6.47%. Yahoo Finance housing reporter Dani Romero joins Market Domination to break down the movements in mortgage rates in relation to the Federal Reserve's interest rate policy, while also discussing what recent homebuilder earnings may indicate about the US housing market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
The semiconductor sector has been badly beaten down in the latest market rout. A spate of weaker-than-expected earnings reports from well-known players in the space also dampened confidence.
The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) declared its third quarter 2024 distribution of $0.34205 on Wednesday, August 7, 2024. The dividend is payable on August 13, 2024 to shareholders of record on August 8, 2024.