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By Sabrina Valle NEW YORK (Reuters) -The S&P 500 and Nasdaq reached record closing highs on Monday, capping their best quarter in over a year as hopes for trade deals and possible rate cuts eased investor uncertainty. Both indexes ended the quarter with double-digit gains. The S&P 500 gained 10.57% during the period, the Nasdaq rose 17.75%, and the Dow climbed 4.98%. The Russell 2000 Small Cap index rose 8.28% in the quarter. Still, the three main indexes posted their weakest first-half performances since 2022, as the uncertainty around trade policy has kept investors wary during the year, with tensions…

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The high levels of income in the bond market right now are a “generational opportunity” for investors, according to BlackRock’s Rick Rieder. “I’ve waited for two decades of my life for some deals,” he said in an interview with CNBC, pointing to the years of low interest rates that ended in 2022. Bond yields move inversely to prices. That income is a priority now that bond duration is still no longer the reliable hedge it once was, explained Rieder, the firm’s chief investment officer of global fixed income. In other words, fixed income hasn’t necessarily offered a ballast against a…

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The Union finance ministry on Monday exhorted private sector banks to increase their participation in financial inclusion schemes and serve the marginalized sections of society by fulfilling their banking needs.The call came during a review meeting with senior officials of private sector banks in New Delhi. Indian Banks’ Association chief executive Atul Kumar Goel and senior officers of the department of financial services also attended the meeting chaired by department secretary M. Nagaraju.The meeting reviewed the performance of private banks on various financial inclusion schemes, including Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha…

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TrendForce[News] China Controls 70% of Global Rare Earth Output—Meet the Top 10 Suppliers Behind ItAfter the U.S.-China tariff war, China stepped up control over rare earth metal exports. According to UDN News, Ministry of Commerce of The People’s R….3 weeks ago Source link

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Image source: Getty Images The S&P 500 index has had a phenomenal half-decade. It now stands 97% higher than five years ago. With a plethora of index trackers available, a UK investor could buy into the S&P 500 easily enough. Exchange rate moves and tracker fund fees could mean that the actual return in sterling over the past five years would have been somewhat different to the 97% index growth. Still, it has got me thinking: could now be the moment for me to add an S&P 500 index tracking share to my portfolio? Not looking cheap On balance, I…

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Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…

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Image source: Getty Images Growth stocks come in all shares and sizes. You’ve obviously got the likes of Nvidia, with its eye-popping growth rates, or Rolls-Royce, which has positively transformed its profit margins. Then there’s WH Smith (LSE: SMWH), which is a UK stock that may raise a few eyebrows when associated with growth. After all, many people might still associate the company with its high street stores, the first of which opened in London in 1792. But, sadly, there isn’t much growth happening today on British high streets. E-commerce and high taxes are doing the irreversible damage there. In…

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