Fri, Apr 19, 2024 9:23 AM
US stocks end near flat as investors assess earnings, data
A Flip by Avya Verma
South Indian Bank on Thursday reported a 13.88 per cent decline in March quarter net profit to Rs 287.56 crore. The private sector bank posted a net profit of Rs 333.89 crore in the January-March period of the 2022-23 fiscal year.Total expenditure increased to Rs 2,187 crore in the March quarter, from Rs 1,757 crore in the same period a year ago, South Indian Bank said in a regulatory filing.
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The U.S. government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused of breaking the law to stay on top.The U.S. government has hammered away at Google in a trial that started Sept. 12, arguing Google is a monopolist and illegally abused its power to favor its bottom.
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The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the best ways to invest in the S&P 500, which has been a pretty smart strategy over the long term. Since 1965, the S&P 500 has produced a total return of 10.2% annualized. The Vanguard ETF has an expense ratio of just 0.03%, so you get to keep most of your gains.While there's no guarantee that the S&P 500 will achieve the same level of performance.
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