Here’s what you need to know before the markets open.
1. ‘Buffett needs to listen to Buffett again’: Investor was wrong to recommend tech-heavy S&P 500, Berkshire Hathaway shareholder says. “He is forgetting what gruesome looks like by fawning on the index and some ‘obvious’ winners of today,” wrote Tony Scherrer in a company blog post.
2. Thousands of sports fans who can’t gamble on their favorite teams are reportedly flocking to the stock market instead. Charles Schwab, ETrade and Interactive Brokers together added roughly 780,000 new customers in March or April.
Read more Source: businessinsider.com