Bloomberg Markets
A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first fund of its kind to reach a milestone once thought unimaginable for the ETF industry.
MarketWatch
Stock performance following previous major tech IPOs has been less than stellar.
Yahoo Finance
NY Times Business
The administration has paid back some of the money, but has signaled it may make it harder for certain businesses to claim some of the billions owed.
Yahoo Finance
Bloomberg Markets
Ares Management co-founder and CEO Michael Arougheti says the private credit market remains strong and the recent stress in the private credit market is tied to private equity. He speaks with Dani Burger at the Forbes Iconoclast Summit in New York. (Source: Bloomberg)
Bloomberg Markets
Oil rose for a third day as a fresh exchange of strikes between the US and Iran cast doubt on the prospects of a peace deal that would reopen the Strait of Hormuz.
Leslie Palti-Guzman, founder at Energy Vista, gives an update on the outlook for oil and natural gas prices amid the war in Iran. (Source: Bloomberg)
Bloomberg Markets
Ares Management Corp. was owed more than $547 million following the collapse of John Textor’s Eagle Football Group, according to a filing by the administrators on Wednesday.
Yahoo Finance