NYSE Content Advisory: Pre-Market update + China considering trade negotiations
NEW YORK, May 2, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
delivers the pre-market update on May 2nd
Stocks are fractionally higher this morning after the S&P 500 extended its win streak to eight straight sessions on Thursday. The index rose 0.6% as Microsoft and Meta shares rallied after better-than-expected results.
Overnight, China said its assessing possible trade talks with the U.S. and according to reports, it has started exempting some goods from levies that may cover about a quarter of its impact for the U.S.
Wall Street turns to April's Jobs report this morning as forecasters estimate 133,000 jobs were added last month, down from 228,000 in March.
Opening Bell
Ring Magazine celebrates its first-ever boxing event in the United States, titled "FATAL FURY: City of the Wolves" tonight in Times Square.
Closing Bell
Carnival Corporation & plc (NYSE: CCL) counts down the days until it rings in a new tropical island paradise, Celebration Key.
Watch NYSE TV Live every weekday 9:00-10:00am ET
SOURCE New York Stock Exchange
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
39 minutes ago
- Globe and Mail
If I Could Invest $1,000 In Any Vanguard ETF, It Would Undoubtedly Be This One
One of the biggest misconceptions about investing is the amount of effort and time required to do it successfully. In some cases, it pays to dedicate a lot of time and energy to selecting the right stocks. However, for most people, this isn't necessary, and good returns can be accomplished via exchange-traded funds (ETFs). Investing in ETFs allows investors to achieve instant diversification in many cases, removes much of the guesswork from investing, and reduces the risk associated with investing in individual stocks. No need to listen to earnings calls, read financial statements, or tune into every headline. Simply invest in the ETF and let multiple companies do the work. There are thousands of ETFs on the stock market, but there's one ETF in particular that I'd invest $1,000 (or any amount) in without thinking twice: The Vanguard S&P 500 ETF (NYSEMKT: VOO). VOO data by YCharts. Why go with an S&P 500 ETF? The Vanguard S&P 500 ETF mirrors the S&P 500 (SNPINDEX: ^GSPC) index, which tracks the 500 largest American companies on the stock market. The S&P 500 and the U.S. economy aren't directly tied, but the size and importance of these companies to the U.S. economy make the S&P 500 a broad representation of that economy. According to S&P Global, S&P 500 companies accounted for around 80% of the available U.S. market cap. There are multiple S&P 500 ETFs to choose from, but I prefer the Vanguard ETF because of its low 0.03% expense ratio. For perspective, the more popular SPDR S&P 500 ETF Trust has an expense ratio that's more than three times higher, at 0.0945%. The difference may seem small, but it could easily add up to hundreds or thousands of dollars over time. Combine that low cost with instant diversification and exposure to some of the world's top blue chip stocks, and it's a trifecta worth having in your portfolio. The S&P 500 has become tech-heavy but covers a lot of ground This ETF is weighted by market cap, so larger companies account for more of it than smaller companies. As a result, mega-cap tech stocks ($200 billion or more) and the information technology (tech) sector as a whole make up a larger portion of the ETF than they did in previous years. This concentration has reduced some of the ETF's diversification, but it still manages to cover ground in all 11 major sectors: The tech sector has easily been the best-performing over the past decade, so it has worked out in investors' favor. Still, it's something to keep an eye on as you potentially invest in other stocks or ETFs, because you don't want to become too reliant on the tech sector's success. ^SPXIFTS data by YCharts. A $1,000 investment could go a long way over time If we assume (with the emphasis on "assume") that this ETF continues to average 12% annual returns, here's how much a one-time $1,000 investment could grow to in different years. Years Investment Value 15 $5,400 20 $9,500 25 $16,880 30 $29,700 35 $52,300 Table by author. Values rounded down to the nearest hundred and taking into account the ETF's expense ratio. Ideally, you'd continue to make investments in the ETF to help compound your returns. Again, assuming 12% annual returns, here's how much your investment could grow to with a one-time $1,000 investment and monthly $100 investments. Years Investment Value 15 $50,000 20 $95,700 25 $176,100 30 $317,600 35 $566,600 Table by author. Values rounded down to the nearest hundred and taking into account the ETF's expense ratio. It's never wise to use past performance to predict future performance, but this shows how this ETF (and the S&P 500 in general) has historically been a great way for the average investor to build wealth over time. It's one investment that can be the staple of many people's portfolios. Should you invest $1,000 in Vanguard S&P 500 ETF right now? Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Globe and Mail
an hour ago
- Globe and Mail
Is Enterprise Products Partners Stock a Buy Now?
Enterprise Products Partners (NYSE: EPD) operates in the most reliable segment of the energy industry. It is financially strong, has reliable cash flows, and a large yield. But there's one little problem that may cause investors to pause. Enterprise Products Partners' unit price has rallied roughly 60% over the past five years. Is it still worth buying this master limited partnership (MLP)? The answer is yes, and here's why. What does Enterprise Products Partners do? To simplify things a lot, Enterprise is a toll taker. It owns energy infrastructure, like pipelines, that move oil and natural gas around the world. It doesn't care all that much about the price of the commodities it is moving through its system. It cares that it moves as much volume as possible through its systems, collecting fees for every unit of product it moves. Oil and natural gas, and the products into which they get turned, are vital to modern life. So even when energy prices are weak and when economic activity is slow, demand for Enterprise's services tends to be fairly strong. The reliable cash flows it generates are used to support the MLP's lofty 6.8% distribution yield. That distribution has been increased every year for 26 consecutive years. Supporting that hefty yield is an investment grade balance sheet. Adding to the security of the payment is the fact that distributable cash flow covers the distribution 1.7 times over, leaving plenty of room for adversity before a distribution cut would be in the cards. There's just one small problem: Enterprise is a slow-growth business, and the stock has risen a huge 60% or so in just the past five years. But don't let that put you off. EPD data by YCharts Enterprise is still an attractive income investment The rise over the past five years comes after a deep decline during the economic shutdowns that were used to slow the spread of the coronavirus in 2020. That was likely an overreaction, noting that the world has quickly gotten used to living with COVID. That said, it is also important to remember the regular distribution increases that have taken place. The last time Enterprise's units were trading hands at the current levels, its yield was a far less generous 4% or so. Today, despite the energy business' unit price rally, the yield is 6.8% thanks to its reliable distribution increases. The rise in price not only represented a recovery from an unusual exogenous shock, but also the increase in the distribution. The key that has driven both of these facts is the slow and steady performance of Enterprise. It has continued to execute well as it builds out its business via modest capital investments, regular fee increases, and the occasional acquisition. All three are likely to continue in the future, as well. So the business continues to increase in value, which will be shared with unitholders via distribution increases, and likely reflected in the units by a continued upward bias in the price. Slow and reliable growth is what you get with Enterprise Enterprise Products Partners is not, and likely never will be, a particularly exciting investment. It is built from the ground up to be a boring high-yield investment. If that is what you are looking for, don't let the price rally deter you from buying this MLP today. The distribution growth that has taken place continues to make this high-yield investment worth buying even as the unit price has climbed higher. Should you invest $1,000 in Enterprise Products Partners right now? Before you buy stock in Enterprise Products Partners, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Enterprise Products Partners wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Globe and Mail
an hour ago
- Globe and Mail
10 Reasons to Buy and Hold This Semiconductor Stock Forever
Taiwan Semiconductor Manufacturing (NYSE: TSM) is one of the most valuable companies in the world at a market cap of $1.1 trillion, but it doesn't get the same level of attention that other big tech stocks get like Nvidia or Microsoft do. Still, TSMC's competitive advantages can go toe to toe with any other stock, whether it's in the "Magnificent Seven" or not. On that note, let's take a look at 10 reasons to buy and hold this stock forever. 1. It has dominant market share TSMC is the clear leader in semiconductor manufacturing with roughly 67% market share, and an even higher share of advanced chips, estimated at roughly 90%. With that level of market share, TSMC has pricing power, and its customers have limited alternatives. The company has gained that market share over time, and it's unlikely to erode anytime soon. 2. Demand for semiconductors will continue to grow TSMC is in a great competitive position not just because of its dominant market share, but it's also benefiting from tremendous in its industry due to the growth of artificial intelligence (AI) and technology more broadly. That's a major reason why revenue jumped 42% in the first quarter, and future innovations should continue to drive chip demand. 3. It pioneered the contract foundry model TSMC dominates the chip foundry industry in part because it was the first company to employ the third-party foundry model when it was founded in 1987. Over the years, that model has prevailed over the traditional integrated model. 4. It has top-level customers TSMC's collection of customers helps show why the company is so dominant. Among its top customers are Apple, Nvidia, AMD, and Broadcom, cutting-edge chip-design companies and some of the most innovative companies in technology. 5. It has a huge profit margins Profit margin is one of the clearest indicators of competitive advantage, and TSMC shines in that category. In the first quarter, the company reported an operating margin of 49%, showing it has pricing power and economies of scale. 6. It's getting government subsidies TSMC is not only a dominant company in its own right, but its services are in such high demand as semiconductors are crucial for the global economy. As part of the CHIPS Act, TSMC is receiving $6.6 billion in subsidies, and it's received $2 billion from the Chinese and Japanese governments in recent years. 7. It's historically undervalued Considering its growth rate and competitive advantage, TSMC has been historically undervalued, and that seems to be the case today as it trades at a price-to-earnings ratio of 25, on par with the S&P 500. 8. It has a technological advantage TSMC dominates the market for advanced chips, which it considers to be 7 nanometers (nm) or under. Those chips made up 73% of the company's revenue in the first quarter, and chips for high-performance computing, much of which is used for AI. 9. Its competition is struggling The next two largest semiconductor manufacturers are Samsung and Intel and both of those companies have faltered of late. Samsung recently apologized to investors for not innovating enough and its poor performance. Intel, meanwhile, is in the midst of a yearslong crisis. Its stock price has tumbled as the company is struggling to grow and deliver a profit. 10. It has a great track record TSMC has outperformed the S&P 500 over virtually any time frame in its history. Over the last five years, the stock is up nearly 300% and 800% over the last decade. Past performance doesn't guarantee future returns in the stock market, but winners tend to keep winning, and TSMC looks poised to do that. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Jeremy Bowman has positions in Advanced Micro Devices, Broadcom, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft, short August 2025 $24 calls on Intel, and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
