Stock Market Live May 5: Will Warren Buffett Tank the S&P 500 (VOO) Today?

Warren Buffett announced he’s stepping down as head of S&P 500 component Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) on Saturday, naming Greg Abel, vice chairman of non-insurance operations, as his chosen replacement. Berkshire’s board of directors unanimously approved the choice one day later.  The S&P 500 opened 0.8% lower on the news, dragging down the […]