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Investors in a quandary over tech stocks
Everyone’s heard the old adage “don’t put all your eggs in one basket”. And you probably also know this is often applied to investment strategy. Unfortunately, the top 10 stocks in the US market, mostly technology companies, are now concentrated in major indices, like the S&P 500, to the highest degree in nearly five decades. While the performance of this handful of stocks has been terrific over the past 10 years, our next guest says that this concentration now presents a dilemma for investors going forward. Mike Switzer interviews Rob DeHollander, a certified financial planner in Greenville, SC.
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5:49
Elon Musk just became Twitter's largest shareholder
The ultimate aim of Musk's $2.9 billion share purchase is not clear. Yet in recent weeks Musk has questioned free speech on Twitter and whether the platform is undermining democracy.
North Charleston Will Pay Walter Scott's Family $6.5 Million
The city has reached a multi-million dollar settlement with the family of the unarmed black man shot and killed by a white police officer in April.
Preventable Colon Cancer Deaths Cost The Economy $6.4 Billion
People in lower-income communities are more likely to die of colon cancer, often because they don't get diagnosed early enough. Those premature deaths take a financial toll, too.
Mapping ICE's expanding footprint, and the communities fighting back
Resistance in both Democratic and Republican cities points to broader unease with the direction of immigration enforcement.
Another Alleged Oath Keeper Pleads Guilty To Jan. 6 Conspiracy
Mark Grods pleaded guilty to conspiracy and obstruction of an official proceeding. The 54-year-old Alabama man has also agreed to cooperate with investigators.
South Carolina Afternoon Headlines
Thursday, June 6, 2024
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5:34
Justice Sotomayor's staff urged schools and libraries to buy her memoir or kid's books
The works have earned Sotomayor $3.7 million since she joined the court in 2009. Her taxpayer-funded staffers have been deeply involved in organizing speaking engagements intended to sell the books.
Ohio Man Is Arrested For Allegedly Plotting Attack On U.S. Capitol
The FBI says Christopher Lee Cornell of Cincinnati bought weapons to carry out an attack. Agents also say he used Twitter to express support for the violent extremist group Islamic State.
Don't ignore your spam folder. It's how this woman learned she won a $3 million lotto
Laura Spears, 55, says she stumbled on her life-changing win a few days after buying a ticket for the Mega Millions jackpot. "I couldn't believe what I was reading," she says.
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