Browsing: New York Stock Exchange

As of Wednesday, Chief Investment Officer David Morehead said he expected the endowment to end the month near $2.5 billion, up from $2.4 billion at the end of September and a further increase from its $2.17 billion balance in May 2025. The endowment contributes 5% of its value back to Baylor each year, so each dollar the endowment makes puts five cents into Baylor’s operating budget.

The U.S. stock market just got a Texas-sized addition. The Texas Stock Exchange received approval from the United States Securities and Exchange Commission to launch a new stock exchange, with TXSE set to begin trading stocks by early 2026.