Funding & Business
Robinhood, AppLovin, Emcor to Join S&P 500 in Rebalancing
Robinhood Markets Inc. has been added to the S&P 500, marking a new phase for the retail trading platform that helped define the pandemic-era boom in individual investing. The company will join the benchmark in the latest quarterly rebalance, S&P Dow Jones Indices said Friday.
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The People’s Bank of China increased its gold holdings in August for a 10th month, in a continued push to diversify its reserves away from US dollars.
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President Luiz Inacio Lula da Silva said Brazil is capable of governing itself without foreign interference, and criticized local politicians who are encouraging “attacks” on the nation.
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An expected move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week in Singapore, with chatter about looming oversupply certain to dominate conversations.
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