Big changes are coming at the Schwab US Dividend Equity ETF (SCHD) as this year’s reconstitution happens. The reshuffle comes as the SCHD stock has pulled back from the year-to-date high of $32 to the current $30.4. Companies entering and exiting the SCHD ETF The SCHD ETF, which has over $98 billion in assets under
The Nasdaq 100 Index has slumped in the past few weeks, erasing some of the gains made earlier this year when it jumped to a record high of $26,156. It dropped to $23,765, its lowest level since September 10 last year. Similarly, related ETFs like Invesco QQQ (QQQ), Vanguard Information Technology ETF (VGT), and JPMorgan
A major rotation is happening among exchange-traded funds tracking the S&P 500 Index. The Vanguard S&P 500 Index (VOO) has continued soaring, while the other large funds are shedding billions of dollars in assets. VOO ETF inflows are soaring this year Data compiled by ETF shows that investors are piling into the popular Vanguard S&P
US stocks opened higher on Monday, after President Donald Trump signaled a potential de-escalation in tensions with Iran by postponing planned military strikes on key energy infrastructure. The Dow Jones Industrial Average index jumped as much as 653 points, or 1.4%, while S&P 500 rose 1.3% and Nasdaq-100 gained 1.5%. The rebound came after a
The S&P 500 Index and the VOO ETF have slumped this month as the war in Iran has gained momentum. It dropped to $6,500 on Friday, its lowest level since September 10 last year. It has slumped by ~7% from the year-to-date high. JPMorgan warns on the S&P 500 Index As the S&P 500 Index
Michael Saylor’s Strategy (previously known as Microstrategy), the world’s largest public holder of Bitcoin, continued adding to its cryptocurrency reserves last week, though at a significantly slower pace compared to its recent large-scale purchases. The company acquired 1,031 Bitcoin for approximately $76.6 million, according to an 8-K filing with the US Securities and Exchange Commission
A growing share of Gen-Z (defined as those born between 1997 and 2012) is stepping away from work and education at the same time that debt burdens are rising and wages are struggling to keep up with living costs. Across major economies, millions of young people are now classified as NEETs, meaning they are not in
It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most trusted safe-haven assets selling off in the middle of a crisis. The market feels chaotic because it genuinely is, and what makes this moment unusual
China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its May high, and is hovering at its lowest level since March 9. Xpeng stock has tumbled to $13.21 in New York, down 53% from its
Shares of Chevron Corporation CVX traded lower after the oil major announced a long-term agreement with Microsoft Corporation to supply electricity to a massive artificial intelligence data center in West Texas. Under the agreement, Chevron’s unit, Energy Forge One LLC, will build a 2.67-gigawatt natural gas power plant under Project Kilby, a development expected to