No changes in the top-5 At the end of this week, there were no changes in the ranking of the top-5 sectors. (1) XLY – Consumer Discretionary (2) XLF – Financials (3) XLC – Communication Services (4) XLI – Industrials (5) XLE – Energy (6) XLK – Technology (7) XLU…
“An investment in Knowledge pays the best interest.” — Benjamin Franklin It’s time to revisit a few timeless lessons regarding extended markets. As I write this, the last correction of any significance was in 2022. The past two years have been one heck of a dance if you chose to accept…
The Indian equities continued to trade with a corrective undertone as they ended the week on a mildly negative note. Over the past five sessions, the Nifty continued facing selling pressure at higher levels while staying mainly in a range. The markets remained in a very defined trading range and…
US President Donald Trump’s first week in office brought a flurry of activity, with executive orders and tech developments signaling a shift toward the pro-business environment promised to voters. Among other moves, the president set his plans to establish a digital asset reserve into action Elsewhere in the tech space,…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) was largely flat with a 0.29 percent gain on the week to close at 621.25 on Friday (January 24). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 1.6 percent increase to hit 25,468.49, and the CSE Composite Index (CSE:CSECOMP) was up 1.33 percent to…
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing from a 7% growth rate early in the year to 6% during the second and third quarters,…
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent to its employees, the Minneapolis-based retailer said it will end its three-year DEI goals, stop reports to external diversity-focused groups…
Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two build-on films just one year apart. Part one of the “Wicked” cinematic project dazzled at the box office, collecting more than $700 million in global ticket sales…
Armed personnel from an American security contractor will man the checkpoint and will be responsible for inspecting vehicles entering northern Gaza. Palestinians returning to northern Gaza on foot will not be inspected, according to the terms of the ceasefire agreement between Israel and Hamas. Israeli forces are set to complete…
US President Donald Trump’s policy on Ukraine is a little scattered and meandering, and at times misinformed. But be in no doubt that it exists and seems an unanticipated priority. Trump’s policy on Ukraine distinguishes itself in two ways in the first week of his administration. The first is his…