How Apple’s stock split will change hierarchical order in 124-year-old Dow industrials


MARKET CLOCK FRONT PAGE

The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24, and Apple AAPL shares, which closed at $ 384.76 on Thursday, will trade on a division-adjusted basis on August 31. See the full story.

Silver: the poor man’s gold no more?

Investors have focused on a surge in record gold prices, but silver was up almost 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. See full story.

Dr. Osterholm: Americans will live with the coronavirus for decades

On January 20, just nine days after Chinese health authorities released the DNA sequence of a new coronavirus that was causing concern in China, Dr. Michael Osterholm, an epidemiologist at the University of Minnesota, wrote in an email: “I am sure this will cause our next pandemic.” See full story.

Apple and Amazon dominate an economy ‘without mouths or noses’, but 10% of jobs will never return, says strategist

Of course, the technological results were excellent, and will continue to be so during the pandemic. But expect bond yields to fall further, says a strategist. See full story.

Why the S&P 500 can now be easier to beat and what this means for your investments

Tesla would be the latest example of how listing in the S&P 500 weakens a company’s stock performance, writes Mark Hulbert. See full story.

MARKETWATCH PERSONAL FINANCE

The liability shield proposed by the HEALS Act would allow consumers and employees to successfully sue for COVID-19 exposure only if they can demonstrate ‘gross negligence’ or ‘intentional misconduct’. See full story.

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