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[ad_1] Stocks slipped on Friday, but Wall Street edged closer to wrapping a winning year for all the major averages. The S&P 500 fell 0.2%, while the Dow Jones Industrial Average lost 44 points, or 0.1%. The Nasdaq Composite edged down 0.4%. “Momentum continues to remain favorable heading into year end,” said Mona Mahajan, senior…
[ad_1] Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the exchange-traded fund space. “In the last five weeks, we’ve launched three new active products. Two are the premium income. One, believe it or not, is small cap core,” Brendan McCarthy, the firm’s managing director…
[ad_1] Ericsson climbs 9% on AT&T deal as Nokia falls to three-year low Stockholm-listed shares of Sweden’s Ericsson were 8.5% higher at 8:30 a.m. London time after telecom juggernaut AT&T announced it would partner with the firm on its deployment of an open radio access network (Open RAN) in the U.S. AT&T spend could near…
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, May 30, 2023. Brendan McDermid | Reuters Stock futures were modestly higher Tuesday as investors looked toward the next batch of economic data and readied for the end of June and the second quarter. Futures tied to the…