Yahoo Finance’s Jess Smith joins Alexis Christoforous and Brian Sozzi on The First Trade to break down the details about why only a small percentage of precincts have been accounted for, resulting in the Iowa Caucus results being delayed.
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The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
Wall Street indexes were back in sight of record highs following a selloff last month, as a slew of economic data pointed to cooling labor market momentum, raising expectations that the Fed will cut borrowing costs more than once this year. Expectations of U.S. monetary policy easing, along with a much better-than-expected earnings season put the benchmark S&P 500 and the tech-heavy Nasdaq Composite on track for their third consecutive week of gains. While most Fed policymakers have reiterated that the next policy move will be a rate cut, doubt still remains about when the easing will begin.
These supercharged energy income stocks -- with an average yield of 9.87% -- can really fatten your pocketbook.
This year started with a bang, saw a fizzle in April – but now appears to be regaining its stride. As we saw last year, the gains continue to be dominated by the ‘Magnificent 7’ tech stocks. This group of mega-cap companies collectively experienced a 48% year-over-year earnings increase in the recent first-quarter 2024 releases, in contrast to a 2% collective decline across the other S&P companies. Going forward, however, expectations are that the remaining 493 companies on the S&P will close th