El-Erian: Investors are taking excessive risks

New York (CNN Business)With stocks enjoying a strong start to 2021, investors are continuing to plow more money into exchange-traded funds — especially ones that are tied to the top broader market indexes. In other words, many investors are still happy to place their bets on the top techs that dominate the S&P 500 (SPX) — even though an army […]

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European stocks bounce back from tech rout on strong data, commodities

(Reuters) -European stocks marked their best day in nearly two months on Wednesday, recovering from a sharp sell-off in the previous session as resource stocks hit a 10-year high, while data showed euro zone business activity picked up in April.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 4, 2021. REUTERS/StaffThe pan-European […]

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Bloomberg Intelligence's top ETF expert names 21 funds that tap into the stock market's biggest themes for the rest of 2021 — and explains why investors should consider each one

ETFs provide investors with an easy way to track multiple stocks at once across various sectors. Bloomberg ETF analyst Eric Balchunas has picked over 21 ETFs that he’s watching this year. These ETFs cover everything from cryptocurrencies, SPACs, gold, retail investing, and much more. See more stories on Insider’s business page. “I’ve always found that if you find 10 stocks […]

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Solvay raises cash flow target as cost cuts bear fruit

May 5 (Reuters) – Solvay said on Wednesday it expects free cash flow to reach the upper end of its 2021 guidance range after the Belgian chemicals group beat first-quarter earnings expectations, helped by cost cuts and strong automotive sales. The company, whose products range from base chemicals such as soda ash to speciality polymers used in cars and planes, […]

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Asia shares flat, holidays help blunt U.S. tech retreat

SYDNEY (Reuters) – Asian shares risked falling for a fourth straight session on Wednesday as sentiment took a knock from a selloff in large cap Wall Street tech darlings, combined with talk of rising U.S. interest rates.FILE PHOTO: FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. […]

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Britain's Tesco concedes to activist shareholders on health targets

LONDON (Reuters) – Supermarket group Tesco has agreed to increase healthy food options at operations in Europe as well as Britain to appease investors who had filed a landmark shareholder resolution to force the issue.Slideshow ( 2 images )The coalition of Tesco activist investors calling for Britain’s biggest supermarket group to set targets to sell a greater proportion of healthy […]

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Stock futures are flat after sell-off in growth and tech

U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just 12 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures dipped 0.05%. In after-hours trading, Activision Blizzard rose nearly 6%, T-Mobile popped 2.8% and ride-hailing company Lyft gained 7% after better-than-expected earnings reports. On Tuesday, […]

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House Republicans ready vote on Trump critic Cheney's leadership post: sources

WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives are expected to try to remove Liz Cheney from their party leadership for denouncing former President Donald Trump’s false claim the election was stolen from him, said two Republican congressional sources.FILE PHOTO: Republican Conference Chair Liz Cheney (R-WY) participates in a news conference with House Republican leadership in the U.S. […]

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