The S&P 500 (SNPINDEX: ^GSPC) stock market index has more than doubled from its 2022 bear market low point, but it faces a number of challenges that could derail its current bull run.
Rising oil prices are stoking inflation, which prompted the Federal Reserve to raise interest rates at its September meeting,
Fundstrat’s Tom Lee says tech stocks could rally at least 15%, and perhaps 20%, as he expects hedge funds to rebuild exposure after the Democrats’ midterm sweep.
Data center operators such as IREN, Hut 8, Applied Digital, and Core Scientific lost 1.2% to 13% on Wednesday.
» Read more about: Tom Lee Says Democratic Sweep Could Fuel 15% to 20% Tech Rally »
I started investing at age 63 and have been steadily building my savings every month.
I would like to continue investing in mutual funds for as long as possible.
However, once you retire and start living on a pension, it is not easy to set aside funds for investing like you used to.
The U.S.’s Social Security Administration (SSA) says first-time claimants should file for retirement benefits on the internet, as the online application process is typically the most efficient way to sign up for monthly payments.
A benefit with around 58 million recipients across the U.S.,
» Read more about: How to file for Social Security without losing thousands in retirement benefits »
Dow Jones futures rose slightly overnight, while S&P 500 futures and especialy Nasdaq futures fell. Expedia, Arm Holdings, Grail, ELF Beauty and Paycom Software were among several notable earnings reports late Wednesday. The stock market saw big gains on the major indexes following Democrats’ sweeping election victory and as oil prices plunged.
As of 4 November, the average two-year fixed residential mortgage rate was 5.96%, while the average five-year rate stood at 5.99%, according to financial information service Moneyfacts.
It means anyone rolling off a five-year deal faces a much bigger mortgage bill.
Broker L&C said that average mortgage rates offered by the 10 biggest lenders suggested some borrowers now faced paying almost £5,000 more each year in repayments on a £200,000 mortgage over 25 years than those who secured a remortgage deal in 2021.
» Read more about: Interest rates expected to rise for first time in over three years »
I’ve been writing about Social Security for well over a decade. And I’ve found that there’s a lot of misinformation about the program and how it works.
Some people, for example, think all Americans are entitled to Social Security once they reach a certain age and that everyone receives the same monthly benefit.
Rio Times Global Economy Briefing
» Read more about: Dow Jumps 3% as Gold Tops US$4,000 and Fear Fades | Global Economy, Nov 5 »
Midterm elections in the US have historically been against the party holding the presidency. Most forecasts expected the Republican Party to lose the House, and even losing control of Congress was not ruled out by some. But what is surprising about the 2026 midterm results is the scale of the GOP’s losses. At 11:30pm India time,
» Read more about: Culture was, trade war, foolish war and class war | Number Theory »
