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31.08.26 - 21:12
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People Trying Hard To ′Outfox′ S&P 500: Cutright (Bloomberg)
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Brooks Cutright, portfolio manager at Hedgeye Asset Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." Index tracking funds have nearly $27 trillion tied to the S&P 500. This Friday the S&P 500 is set to announce who may be added or taken out of the index as part of a rebalancing. Thirty-six companies appear to qualify for entry, while more than 110 existing members no longer meet the index's market-cap hurdle.
(Source: Bloomberg)...
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31.08.26 - 17:25
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Stocks Fall as US-Iran Strikes Spur Rally in Oil (Bloomberg)
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A flare-up in geopolitical risks sent stocks and bonds lower as oil climbed, raising concerns about inflationary pressures that could make the Federal Reserve raise interest rates.
Tracie McMillion, Head of Global Asset Allocation Strategy at Wells Fargo, discusses the constructive backdrop for stocks and commodities. (Source: Bloomberg)...
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