S&P 500

Bullion has risen 11% this year

99% of active US funds do not beat index over 10 years

"Questions persist" around central bank policies

The S&P reached a further record high at closing yesterday, as disappointing economic data coming out of the US alleviated fears of an interest rate rise in the near future.

Billionaire investor Warren Buffett looks set to win a $1m bet that the humble index tracker will produce better returns than a complex hedge fund.

Shares on Wall Street have recorded the worst three-day streak since 2011 after another sharp move lower overnight, with investors continuing to fret over the end of the US Federal Reserve's bond buying programme.

The Dow Jones Industrial Average has closed above 17,000 for the first time, buoyed by investor confidence about the global economy.

Monkeys vs fund managers revisited (or the trouble with market cap weighted indices)

Warren Buffett's Berkshire Hathaway failed to beat the S&P 500's return last year, meaning it missed Buffett's target of beating the index over a five year period for the first time.

Home of the brave: Why US stocks still have a long way to run