BI’s multifactor model portfolio aims to identify S&P 500 and Russell 1000 stocks with the most favorable combination of strong momentum, high quality, low volatility and inexpensive valuations.

Reuters DoubleVerify Holdings Inc, a provider of software to track digital media engagement, on Wednesday filed with U.S. regulators to go public, hoping to cash in on investor optimism towards tech stocks. The company, backed by investment firms Providence Equity Partners and Tiger Global Management, revealed a 33 surge in revenue for 2020. However, net […]

Gold futures edged lower Wednesday as investors await the outcome of a Federal Reserve meeting that isnt expected to result in policy changes, but will be combed for clues to the path of interest rates and asset purchases. Gold remains contained inside a large bearish channel after it found some muchneeded support around the 1,700 area, […]

LONDON, March 17 Reuters Sterling held firm against both the euro and the dollar as Britains dismissal of safety concerns over the AstraZeneca vaccine gave the currency some berth to recovery from the previous days falls. A number of European countries, including Germany, France and Italy, have suspended AstraZeneca shots following reports of blood coagulation […]

SYDNEY, March 17 Reuters The Australian and New Zealand dollars were steady on Wednesday with currencies generally treading water ahead of a U.S. Federal Reserve meeting where policymakers are expected to reiterate their dovish policy stance despite rosier economic projections. The Australian dollar was flat at 0.7746, drifting away from a recent oneweek high of […]

TOKYO, March 17 Reuters Longterm Japanese government bond yields fell slightly as traders braced for important monetary policy meetings by the U.S. Federal Reserve and the Bank of Japan. U.S. policymakers may bring forward their expectations for rate hikes due to an improving U.S. economy at a Fed meeting ending later on Wednesday, but some […]

TOKYO, March 17 Reuters Japanese stocks ended flat on Wednesday as profittaking in the tech sector offset gains in healthcare, though the overall mood remained cautious in the runup to key meetings by the U.S. Federal Reserve and the Bank of Japan. The Nikkei 225 Index ended down 0.02 at 29,914.33, but the broader Topix […]