New stock package launches in Daily Press.

The business page of the Daily Press, a weekly publication, debuted a new weekly stock package today, replacing the long-standing Associated Press-produced package. This new stock package takes a unique approach by focusing on publicly traded companies with a strong presence in the Upper Peninsula, including both well-known companies and parent companies of local businesses.

The updated stock package, titled “This week in the market…”, now features a condensed selection of major indexes paired with micro-charts showcasing the seven-day and 52-week performance trends. In addition to mutual funds, the package now includes a variety of exchange traded funds (ETFs) carefully chosen for their broad appeal or local relevance.

Commodities have also been integrated into the new package, with prices based on continuous contract futures from the market close on Thursday. Even on holiday weeks like Thanksgiving, prices are displayed from the previous trading day to provide a consistent mid-week snapshot for gold, silver, platinum, palladium, and more.

Furthermore, the business page now features Bitcoin and Etherium prices, the two largest cryptocurrencies, reflecting a specific point in time post-weekly trading close. While cryptocurrencies like Bitcoin and Etherium are known for their volatility, recent changes in regulatory rules have made them more accessible and relevant to investors.

The addition of the CBOE Volatility Index, also known as the “VIX” or “The Fear Index,” offers readers a metric to gauge market conditions, enhancing their understanding of the investment landscape. It is important to note that the information provided in the stock package is not intended as investment advice, and readers are encouraged to conduct their own research and possibly seek professional advice before making investment decisions.

Overall, the revamped stock package in the Daily Press business page offers readers a comprehensive overview of the market landscape, featuring a blend of local companies, traditional stocks, ETFs, commodities, cryptocurrencies, and market volatility indicators. By tailoring the content to the Upper Peninsula community and providing valuable insights into various investment options, the Daily Press continues to enhance its financial reporting for its readers.