The Daily Editor

Shorting the S&P 500 without a margin account sounds like a loophole, but the most popular tool for doing it carries a hidden cost that turns a decade of bearish bets into a slow-motion wipeout.

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Sarah Samuels, NEPC CIO, joins ‘Closing Bell Overtime’

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Why did the yen depreciate even after an interest rate hike?

Generally, when a country’s interest rates rise, its currency becomes easier to buy. This is because holding assets in a currency with higher interest rates allows for the expectation of higher yields.

Therefore, it is easy to imagine the movement: Bank of Japan raises rates ->

 » Read more about: Can raising interest rates really stop the yen's depreciation and high prices?  »

A Michigan Democrat’s proposal to lower the retirement age adds a new variable to claiming strategies for clients in manual trades.

 » Read more about: Social Security bill offers blue-collar workers full benefits at 60  »

Benchmark indices on Wall Street witnessed profit booking at higher levels on Wednesday, September 23, as a combination of a rise in bond yields coupled with a rebound in oil prices from lower levels led to a sell-off.

The Dow Jones ended 350 points lower on Wednesday, reversing everything it gained in the previous session.

 » Read more about: Four key reasons why Dow Jones fell 350 points, Nasdaq sold off on Wednesday  »

 » Read more about: The State of the Economy Before the Midterms: Rising Inflation and A.I. Unease  »

The major three US stock indices all fell in last night’s market.

• NY Dow 51,511.59 (▼352.10 / -0.68%)

• NASDAQ 26,936.04 (▼308.24 / -1.13%)

• S&P 500 7,706.03 (▼58.61 / -0.76%)

The notable point is the decline in the Nasdaq.

 » Read more about: [September 23 US Market Summary] US stocks fall due to “too strong economy” | Decoding 5% range long-term interest rates, over 7% mortgage rates, and Fed governor's rate hike …  »

Once your 401(k) hits its ceiling, your after-tax dollars face a completely different set of rules, and most investors at this income level get the next move wrong.

 » Read more about: Making $150K at 45 and Maxing Your 401(k)? These 3 ETFs Put the Rest of Your Savings to Work  »

The US stock market faced a difficult session as major indices fell across the board, weighed down by rising crude oil prices and a sharp spike in interest rates. However, unraveling the background of this market decline reveals the tension between economic strength and inflation concerns, as well as underlying market distortions.

We deliver a condensed summary of the key points investors need to know right now,

 » Read more about: [US Stock Market Flash: 9/24] Soaring interest rates triggered by an overly strong economy! The 'market bug' and investment opportunities hidden behind the stock price decline  »