The three major indexes (^DJI,^GSPC, ^IXIC) closed lower on Monday with the Dow Jones Industrial Average (^DJI) leading in losses as the market braces for Election Day on Tuesday and the Federal Reserve meeting on Thursday. Palantir Technologies (PLTR) shares surge after the company’s quarterly results came in above Wall Street’s expectations. Morningstar equity analyst…
In today’s installment of Wealth, Brad Smith tackles the biggest personal finance topics ahead of Tuesday’s presidential election. The show welcomes Haywood Wealth Management president and co-founder Justin Haywood to discuss how investors should interpret market volatility connected to the 2024 election and the Federal Reserve’s interest rate decision this week. Romer Debbas managing partner…
Kraft Heinz, a struggling food giant that has disappointed Warren Buffett, may finally be a buy due to its potential sale of the Oscar Mayer business, strategic initiatives, and attractive valuation metrics, including a low P/E and healthy dividend yield. Source link
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Christopher Grigat | Moment | Getty Images Investors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said. “ETFs come with tax magic that’s unrivaled by mutual funds,” Bryan Armour, Morningstar’s director of passive strategies research for North America and editor of its ETFInvestor newsletter, wrote earlier…
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
David Paul Morris/Bloomberg via Getty Images Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers’ wallets, according to the U.S. Bureau of Labor Statistics. The consumer price index, a key inflation gauge, was up 2.4% last month from September 2023,…
U.S. inflation has hit its lowest level since early 2021, marking a cooling trend in three years of economic price pressures. The Labor Department reported Thursday that consumer prices rose 2.4 percent in September compared to the same month last year, down slightly from 2.5 percent in August. This marks the smallest annual increase since…
Jeff Bezos and Elon Musk are two of the richest business leaders in the world, with respective net worths of $202.5 billion and $261 billion. But that’s not the only thing they have in common. The 60-year-old Amazon founder and 53-year-old Tesla CEO happen to be the oldest children in their families. Related: How Being…
September, typically a challenging month for the markets, often leads to significant corrections. This year, it started on a weak note, but quickly turned bullish after the Federal Reserve surprised everyone with a half point rate cut. Several sectors, including consumer discretionary, have experienced a substantial rally, reaching levels that may require a cooling-off period….