Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.Brendan McDermid | ReutersStock futures fell on Wednesday after the S&P 500 posted its first back-to-back loss since early September, while Treasury yields moved higher.Futures linked to the broad market index lost 0.1%. Dow futures slid 154 points, or 0.4%, while Nasdaq-100 futures dropped 0.2%.Dow member McDonald’s fell 6.1% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak tied to the fast-food giant’s Quarter Pounder burgers has resulted in 10 hospitalizations and one death. Starbucks tumbled…
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Changes in market conditions can impact the REIT’s big-time dividend. AGNC Investment (AGNC -3.56%) is a leader in investing in the Agency residential mortgage-backed securities (MBS) market (i.e., MBS protected from credit losses by government agencies like Fannie Mae). The company has a massive MBS portfolio (over $71.8 billion). It also has extensive experience navigating the MBS market and can tell when changes are in the air. It sees the Federal Reserve’s recent rate cut as a catalyst for a big change in the MBS market. Here’s what it sees ahead and how that might affect the mortgage REIT’s monster…
China, a nation renowned for its ancient wisdom and technological advancements, once again showcased its innovative spirit with a breathtaking drone light show. This spectacular display marked the 75th anniversary of the People’s Republic of China and broke a world record previously held by the country itself. In the bustling city of Shenzhen, known for its rapid industrial development, thousands of drones choreographed a mesmerizing performance, illuminating the night sky with intricate patterns and vibrant colors. The drones, meticulously programmed and controlled remotely, moved in perfect synchronization, creating a symphony of light and motion that fascinated onlookers. China Sets New…
This classic muscle car, a 1970 Dodge Charger 500, has been significantly modified from its original state. Under the hood, a powerful 505ci stroker engine has been installed, replacing the original 318ci V8. This upgrade delivers an impressive 550 horsepower, making the Charger capable of outperforming even modern muscle cars like the Challenger Scat Pack in a straight line race. While the car’s performance has been greatly enhanced, its aesthetics have also undergone some changes. The original wraparound chrome bumpers and grille design have been replaced with a more aggressive look. Additionally, the interior has been updated with new seats,…
Image source: Getty Images I’m increasingly eyeing up FTSE 250 shares for my next buys. For one thing, I think the time might just be right. I know trying to time investments can be a big mistake. It’s all about time in the market, not timing the market, as the old saying goes. But if we look at time in broader sweeps, we often see cyclical patterns. And I can’t help thinking we could be heading for a good spell for smaller stocks. Cyclical pattern In past bull markets, the FTSE 250’s outstripped the FTSE 100. The smaller index is…
Income investors will find a lot to like with these Vanguard exchange-traded funds. Many investors reach a point in their lives when growth isn’t nearly as important as income. The reliability of that income is also paramount. One great alternative is to invest in exchange-traded funds (ETFs). It’s simpler than choosing individual stocks and bonds. Granted, you still must be smart about which ETFs you buy. You’ll especially want to consider the funds’ costs. Vanguard enjoys widespread popularity because of its low costs and the variety of ETFs offered. Income investors can find several attractive funds, but three especially stand…
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is currently the fourth-largest company in the world, with a market capitalization of just over $2 trillion, and it achieved this stellar valuation thanks to its dominant position in the search engine and the digital advertising markets. Despite the high market cap, Alphabet’s growth hasn’t been all that steady in recent years. The company faces growing competition in the digital ad space, while its artificial intelligence (AI) efforts have run into challenges. This is probably why analysts expect Alphabet’s earnings to increase at a relatively slower pace of 20% a year for the next five years…
The Porsche 911 GT3 and GT3 Touring have been revealed, marking the first time Porsche has released two versions simultaneously. Despite customer demand for a six-speed manual transmission, Porsche has also introduced optional rear seats, a feature that may not be welcomed by all purists. The new pricing strategy may also disappoint some buyers. The Porsche 911 GT3, which was first introduced at the Geneva Motor Show 25 years ago, has evolved over time in terms of technology and performance. However, Porsche has maintained the model’s core DNA as a street-legal race car. The 992.2 GT3 is lighter and offers…
By Tom Sims, Matthias Inverardi and Emma-Victoria Farr FRANKFURT (Reuters) – Deutsche Bank has raised its forecast for bad loans against the backdrop of a weak German economy, as the bank returned to profit in the third quarter, boosted by investment banking and a cut in reserves for Postbank lawsuits. This marked the second time in the last few months that Germany’s largest bank has increased its bad-debt provision forecasts. The bank’s shares were 3% lower by midmorning. “It feels the difficult German economic environment has started to impact Deutsche Bank revenues,” JPMorgan said in a note. The International Monetary…
Luke, a proud owner of a C8 Corvette Z06 in Wichita, Kansas, has been enjoying his dream car for two months now. After a two and a half year wait, his expectations were exceeded by the car’s performance. While he hasn’t taken it to the track yet, it’s on his to do list. One of the features he values most is the front end lift, which he finds especially useful for getting around speed bumps and steep roads. The system can raise the ground clearance up to two inches and allows for programming up to 1,000 destinations. Although he initially…