Indexers, Passive ETFs Weren’t The Cause of October Market Fall Off

This article was originally published on ETFTrends.com. In an increasingly lockstep market, some critics blamed passive index-based exchange traded funds for the increased volatility experienced during the October selling, but the accusations may be misguided. Index trackers were under the microscope after technology-specific ETFs dumped billions of dollars of large tech names like Facebook and Alphabet’s Google in late September, […]

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S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq

NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming outlook from Nvidia weighed on the […]

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Did President Trump make a sex joke about the late Supreme Court Justice Antonin Scalia?

WASHINGTON – President Donald Trump awarded seven people the Medal of Freedom on Friday, including the late Supreme Court Justice Antonin Scalia.  Amid introducing the awardees of the nation’s highest civilian honor, some online noticed the president seemed to include a joke about Scalia’s virility.  Trump welcomed Scalia’s wife, Maureen, and their nine children who attended the White House ceremony. After reading the names […]

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Stacey Abrams acknowledges Brian Kemp will win Georgia gubernatorial race

Stacey Abrams, the Democratic candidate for governor in Georgia, said Friday she would no longer pursue victory in the race. Abrams, however, stressed she’s not conceding. “This speech is not a concession, because concession means to acknowledge an action is right, true, or proper,” Abrams said, but she added that the “law offers no possible remedy.” “I don’t want to […]

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Trump says he should have visited Arlington Memorial on Veterans Day

President Trump said he “should have” visited the Arlington National Cemetery on Veterans Day, which is a presidential tradition.  “I should have done that, I was extremely busy on calls for the country, we did a lot of calling as you know,” Mr. Trump told “Fox News Sunday” host Chris Wallace. Wallace had asked Mr. Trump why he didn’t commemorate […]

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Dollar, U.S. yields slide on Fed official rate talk

NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Oil prices steadied but still posted their sixth straight week of losses. Uncertainty over […]

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Experts say Third Link in Quebec City will just cause more traffic

It’s a campaign promise Montrealers probably didn’t pay much attention to, but it could end up costing taxpayers billions of dollars. The Coalition Avenir Québec said that if elected, it would start construction within four years on something called the “Third Link.” The Third Link is meant to be either a bridge or a tunnel connecting Quebec City‘s north shore to […]

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Alexandria Ocasio-Cortez Captions Instagram Stories From D.C. For The Deaf Community

U.S. Rep.-elect Alexandria Ocasio-Cortez is working to better serve all constituents by providing information from Congress in a more accessible way.  The newly elected congresswoman for New York’s 14th District tweeted on Friday that she utilizes video editing apps that provide captions to her live Instagram videos, as a way to better serve people who are deaf or hard of hearing. […]

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Walmart upbeat on outlook as it achieves solid sales growth

WASHINGTON • Global retail giant Walmart is more upbeat about earnings for the year, despite tamping down expectations just a month ago, after posting sales growth across all its business lines and in most regions on Thursday. The company has been buffeted by investments and sell-offs as it tries to position the chain to compete in the changing and competitive […]

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