Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.
Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Dell Technologies, MicroStrategy, Urban Outfitters and more
These are the stocks posting the largest moves in premarket trading.
Chevron beats quarterly profit expectations on higher oil output
Reuters was nearly 17 minutes ahead when Chevron released its third-quarter earnings, beating Wall Street expectations. The results sent the oil major’s shares up almost 4%. The post Chevron beats quarterly profit expectations on higher oil output appeared first on Reuters News Agency.
Donald Trump selects Kevin Hassett to lead National Economic Council
The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.
BP drops oil output target in strategy reset
Reuters exclusively reported that BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence. When unveiled in 2020, BP’s strategy was the sector’s most ambitious with a pledge to cut output by 40% while rapidly growing renewables by...
OPEC+ could delay December oil output hike, sources say
Reuters was first to report that the OPEC+ had agreed to do delay its planned December oil output hike, prompting global oil prices and European oil equity prices to rally. The post OPEC+ could delay December oil output hike, sources say appeared first on Reuters News Agency.
Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and more
These are the stocks posting the largest moves in extended trading.
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
Fund managers at Fidelity share how they’re playing China’s stimulus plans
‘This round of the policy pivot is quite significant,’ Theresa Zhou, a fund manager at Fidelity International, told CNBC.