U.S. stocks saw choppy trading Thursday, ticking back into positive territory in afternoon activity as investors parsed data on the state of the economy and labor market and weighed the outlook for future rate increases by the Federal Reserve. A big gain for shares of Nvidia Corp. helped buoy the Nasdaq and S&P 500 after the chip maker reported results. The S&P 500 (SPX) was up 10 points, or 0.3%, at 4,002. Read More...
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‘Worth a Roll of the Dice’: Ray Dalio’s Bridgewater Bets on These 2 ‘Strong Buy’ Stocks
For many, competing in the Olympics is the pinnacle of sporting achievement, and getting there takes years of sweat, toil and sacrifice. However, it’s child’s play compared to facing off in the stock market. That’s at least the opinion of Ray Dalio, the billionaire founder of the world’s largest hedge fund, Bridgewater Associates. In a recent interview, Dalio has likened the stock market to poker, where “somebody’s going to take money away from somebody else.” Not only that, but portfolios are a
