WASHINGTON (Reuters) – A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump’s administration next year.
» Read more about: US business activity gauge rises to 31-month high in November »
Palantir Technologies Inc. PLTR is making a big move from the NYSE to the Nasdaq Global Select Market, effective Nov. 26.
Could this be a step toward a future inclusion in the Nasdaq-100 Index?
Investors are now watching the stock’s exposure in exchange-traded funds (ETFs),
» Read more about: 3 ETFs With PLTR Exposure To Consider As Nasdaq-100 Rebalance Looms »
It’s no secret that the major market indices have been hitting new highs. Investors feel optimistic over the recently concluded presidential election amid news of a healthy economy.
However, unexpected bad news could trigger a sharp and sudden sell-off. Investors need to understand that such sell-offs are normal in the stock market. Rather than feeling surprised,
» Read more about: 3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off »
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NEW YORK (AP) — Stocks edged higher in midday trading on Wall Street Friday, keeping the market on track for its fifth gain in a row.
The S&P 500 was up 0.1% and is solidly on track for a weekly gain that will erase most of last week’s loss.
The Dow Jones Industrial Average climbed 226 points,
» Read more about: Stock market today: Wall Street opens higher as it heads for a winning week »
Oil futures climbed on Friday, with the U.S. crude benchmark up by more than 5% for the week on ongoing tensions between Russia and Ukraine, but natural-gas prices eased back after a five-session run up.
West Texas Intermediate crude for January delivery rose 38 cents,
» Read more about: Stock Market Today: Dow up 200 points as stocks head for weekly gain »
Nearly half of U.S. households (48%) disagree with the statement, “My employer is responsible for providing for my retirement,” about the same as in 2011, according to financial benchmarking firm Hearts & Wallets (H&W) research of nearly 6,000 U.S. households, Attitudes & Sentiment 2024: Goals, Beliefs and Needs in an Era of Rising Financial Confidence.
» Read more about: 'Employers aren’t responsible for my retirement,' say most (75%) employees »
Starting 2025, Americans can contribute more to retirement accounts. The Internal Revenue Service detailed the increases in its annual cost-of-living adjustments for pension plans and other retirement accounts. Workers who participate in 403(b) and the federal government’s Thrift Savings Plan will also be able to increase their annual contribution to $23,500 in 2025, up from $23,000 in 2024.
» Read more about: US retirement plans: Key changes announced for 2025 »
For decades, famed value investor Warren Buffett has insisted that he does not try to “time the market.” But, his recent sales could serve as a warning sign for investors amid a period of protracted valuations.
What Happened: Buffett’s Berkshire Hathaway Inc BRK BRK has gradually wound down its largest positions over the last year.
With the S&P 500 having advanced by about 23.7% year-to-date, deals among large-cap companies appear few and far between.
One stock that may be attractive, however, is Idexx Laboratories (NASDAQ:IDXX). This company specializes in veterinary diagnostic devices as well as poultry and livestock testing, among other animal-care essentials.
» Read more about: The Pet Care Powerhouse Flying Under Wall Street’s Radar »
