An investor looks at screens showing stock market movements (Photo credit should read GREG … [+] BAKER/AFP via Getty Images) AFP via Getty Images It was a sell-everything week for the stock market. Once again it was the commentary from Fed Chair Powell, not any action, that accelerated the selling. The prior week’s negative market…
Vector illustration of businessmen on a roller coaster ride bar graph getty When I explain the appeal of closed-end funds (CEFs), I usually start with the big headline and throw a few bullets afterwards, kind of like this: CEFs yield an average 8%, and many of those dividends are sustainable and growing. CEFs invest in…
SALAR DE ATACAMA, CHILE – AUGUST 24: Lithium-rich brine is pumped into an evaporation pond at a … [+] lithium mine in the Atacama Desert on August 24, 2022 in Salar de Atacama, Chile. Albemarle Corporation, based in Charlotte, N.C. is expanding mining operations at their Salar Plant to meet the rising global demand for…
Shares of Instacart closed Thursday below their IPO price. (Photo by Smith Collection/Gado/Getty … [+] Images) Getty Images Key Takeaways Markets Hoping To Break Losing Streak Higher Interest Rates May Be Here Longer Than Initially Thought Lackluster IPO Market Heading into Friday, stocks are hoping to snap a three day losing streak. The threat of…
Getty getty Purists say there is no signal from the past that will affect the price of the future in equity markets. This should be more true of indices which have many random components all noisily gyrating together. Yet most of us instinctively see that charts are not random. We are indeed often “fooled by…
Copyright 2023 The Associated Press. All rights reserved Regardless of any investor’s opinion on the stock of Microsoft MSFT , one thing is clear: it doesn’t suffer from lack of name recognition. The stock also pays a dividend, and has since February 2003. However, a consistent dividend payment may not be enough for investors who…
Topline Friday is the last trading session of the summer, concluding a rather cool stretch for the stock market after an unseasonably warm start to the year. Hot stock summer? Getty Images Key Facts From June 21 through Friday at 10:30 a.m. EDT, the Dow Jones Industrial Average inched up 0.5%, the S&P 500 declined…
COLCHESTER, VERMONT – SEPTEMBER 6: A person looks for items at a Costco Wholesale store on September … [+] 6, 2023 in Colchester, Vermont. (Photo by Robert Nickelsberg/Getty Images) Getty Images Note: Costco FY’23 ended on August 27, 2023. Q4 results are scheduled to be announced on Sept 26. After a 23% increase year-to-date, at…
16 September 2023, USA, New York: The Barclays Bank logo, taken in Manhattan. Photo: Michael … [+] Kappeler/dpa (Photo by Michael Kappeler/picture alliance via Getty Images) dpa/picture alliance via Getty Images Barclays’ stock (NYSE: BCS) has gained 1% YTD, as compared to the 16% rise in the S&P500 over the same period. Further, it is…
Market chart of business stock graph or investment financial data profit on growth money diagram … [+] background with diagram exchange information. 3D rendering. getty Street Earnings (based on Zacks Earnings) overstate profits for the majority of S&P 500 companies in 2Q23. However, there are nearly 140 S&P 500 companies with TTM 2Q23 Street Earnings…