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Nomura Holdings, Inc. has reported a 5.6% stake in Macy's as of December 31, 2023, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:54 pm

BTCUSD

SPY

USO

The S&P 500 index pulled back from the 5,000 mark after showing opening strength, while Bitcoin surpassed a $1 trillion market cap. Crude futures experienced a decline following an increase in crude inventories.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:54 pm

SPY

UNG

USA gasoline inventories experienced a significant draw of 3.658 million barrels, surpassing both the estimated draw of 1.160 million barrels and the previous draw of 3.145 million barrels. This indicates a higher than expected decrease in gasoline stocks.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:51 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a weekly distillates stock draw of 1.915 million barrels, surpassing the estimated draw of 1.600 million barrels and following a prior draw of 3.220 million barrels.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:50 pm

SPY

USO

USA crude oil inventories experienced a significant increase, reporting a build of 12.018 million barrels compared to the estimated build of 3.300 million barrels and the prior build of 5.521 million barrels. This unexpected rise indicates a potential oversupply in the market.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:49 pm

USO

The Iraq Oil Ministry has committed to revising and correcting any increases in its crude production over the next four months to comply with the OPEC+ agreement. This commitment includes adhering to voluntary cuts agreed upon in the last OPEC+ meeting, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:44 pm

SPY

Fed's Goolsbee highlighted uncertainty in the return to office trends, posing challenges for the commercial real estate sector's future outlook.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:38 pm

WELL

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 19.3%, outperforming the market by 6.18% on an annualized basis. With a current market capitalization of $49.81 billion, an initial investment of $100 in WELL 15 years ago would be worth $1,358.90 today. This showcases the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:30 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) has delivered an average annual return of 17.9% over the past 15 years, outperforming the market by 4.78% annually. A $100 investment in HIG 15 years ago would be worth $892.72 today. The company currently has a market capitalization of $27.03 billion.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:30 pm

SHEL

UNG

A Shell executive commented on the current state of the gas market, describing it as relatively balanced but still quite fragile. The market is seen as structurally tight, with near-term weakness contributing to ongoing fragility and volatility.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:29 pm