Wayne Duggan - Spark Newswire

2 minute read

Fed Maintains Interest Rates, Suggests Tapering Of $120B In Monthly Asset Purchases Could Happen ‘Soon’

Today, 2:37 PM

The Federal Reserve maintained its target fed funds rate range of between zero and 0.25%. The Fed also said it may soon begin tapering its monthly asset purchases “If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted,” the Fed said Wednesday in a statement.

SPY

2 minute read

Is Google’s Stock Overvalued Or Undervalued?

By Wayne Duggan

Today, 2:37 PM

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares have outperformed the S&P 500 in 2021, generating a year-to-date total return of 58.6%.

GOOG

2 minute read

Hoya Capital Launches High Yield REIT ETF

By Wayne Duggan

Today, 2:37 PM

Hoya Capital Real Estate is launching a brand new high-yield real estate investment trust ETF. The Hoya Capital High Dividend Yield ETF (NYSE: RIET) began trading Wednesday and provides investors with diversified exposure to roughly 100 of the highest yielding REITs in the market.

FSP

2 minute read

If You Invested $1,000 In HEXO Stock One Year Ago, Here’s How Much You’d Have Now

By Wayne Duggan

Today, 2:37 PM

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 33.1%. But there is no question some big-name stocks performed better than others along the way.

HEXO

2 minute read

If You Invested $1,000 In Nike Stock One Year Ago, Here’s How Much You’d Have Now

By Wayne Duggan

Today, 2:37 PM

NKE

2 minute read

What Do Analysts Think Of Shell’s $9.5B Permian Asset Sale To ConocoPhillips?

By Wayne Duggan

Today, 2:37 PM

On Monday, Royal Dutch Shell plc ADR (NYSE: RDS-A) (NYSE: RDS-B) announced a $9.5 billion sale of its entire Permian Basin assets to ConocoPhillips (NYSE:

COP

1 minute read

This Day In Market History: Dow Gains 11% On Great Depression Optimism

By Wayne Duggan

Today, 2:37 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 1929, the Dow Jones Industrial Average gained 11.3%, its third-best day in history at that point. Where The Market Was: The Dow closed above 75 and the S&P 500 traded at around 7.

2 minute read

The Volatility Index Spikes On Evergrande Fears: Here’s How To Play It

By Wayne Duggan

Today, 2:37 PM

After last week’s stock market weakness, a deep dip on Monday may have finally created the buying opportunity many long-term investors have been waiting for for months. Lindsey Bell, Chief Investment Strategist for Ally Invest, says investors need to stay calm and trust in the long-term performance of the S&P 500.

SPY

2 minute read

How Much Of A Financial Impact Will McDonald’s New Loyalty Program Make?

By Wayne Duggan

Today, 2:37 PM

Shares of fast-food giant McDonald's Corp (NYSE: MCD) have lagged the market in the past year, but investors have high hopes for the company’s recently launched MyMcDonald’s Rewards loyalty program.

MCD

1 minute read

This Day In Market History: SEC Settles Charges Against 15-Year-Old Stock Manipulator

By Wayne Duggan

Today, 2:37 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 2000, 15-year-old Jonathan Lebled settled civil charges from the Securities and Exchange Commission by paying a $285,000 fine.