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A new ETF touts 100% downside protection. Here is how it works.

An ETF that launched on Monday promises investors 100% downside protection if they hold on to the fund, which is intended to track the S&P 500, for a full year.

Wed May 1, 2024 22:38
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels

Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.

Wed May 1, 2024 22:38
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana

Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.

Wed May 1, 2024 22:38
Baby boomers and millennials are robbing Gen Z of a bright financial future

U.S. Treasury’s bond blunder will cost young Americans dearly.

Wed May 1, 2024 22:38
Treasury yields edge lower as Fed’s Powell speaks to reporters

Yields on U.S. government debt continued to drift slightly lower during Federal Reserve Chairman Jerome Powell’s post-meeting press conference on Wednesday, as traders gauged the likely impact of higher-for-longer interest rates on the economy.

Wed May 1, 2024 22:38
Nio’s stock soars as April EV deliveries more than double, new ET7 sedan launches

Shares of Nio Inc. sped higher Wednesday, after the Chinese electric-vehicle maker reported April deliveries that more than doubled to outperform its peers by a wide margin.

Wed May 1, 2024 22:38

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