We've Been Here Before: History Says Stocks Move Big in This Direction When the Fed Cuts Interest Rates
Last week was huge for Wall Street and investors. The iconic Dow Jones Industrial Average (DJINDICES: ^DJI), which welcomed two new components on Friday, the benchmark S&P 500 (SNPINDEX: ^GSPC), and the growth stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC),
Read MoreSocial Security: Why some recipients get 2 payments this month
Some Social Security beneficiaries can expect to see an extra check this month, while others will see a cost of living increase in their checks before the end of the year.
Social Security benefits are paid to recipients on a monthly basis and payment schedules are based on what day of the month beneficiaries were born and holiday schedules.
» Read more about: Social Security: Why some recipients get 2 payments this month »
Read MoreThe stock market is loving Trump’s return. The bond market not so much
CNN
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Donald Trump is returning to the White House, and the stock market is loving it.
Investors, relieved to have a clear-cut election winner and fired up about the prospect of tax cuts and deregulation, have sent US stocks zooming higher.
» Read more about: The stock market is loving Trump’s return. The bond market not so much »
Read MoreDow, S&P 500 Futures Falling After Hitting Record Highs
U.S. stock futures were falling early Tuesday after the S&P 500 closed above 6,000 for the first time in the previous session. The index is on course for its first back-to-back yearly gains of more than 20% for the first time since 1998.
Dow Jones Industrial Average futures were down 43 points,
» Read more about: Dow, S&P 500 Futures Falling After Hitting Record Highs »
Read MoreAn elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
- Renaissance Technologies pared its Tesla and Nvidia bets and raised its GameStop wager last quarter.
- The quant fund founded by the late Jim Simons cut its Tesla stake by 86% and halved its Nvidia wager.
- RenTech boosted its GameStop position by more than 40% to 1.9 million shares.
The Burst
Market Commentary: How To Make Money When You Missed The Move
On June 6, shares of Coinbase plummeted by 16% when it fell on news that the SEC was suing the company for exchange and staking programs. It’s a common enough occurrence to wake up and see a stock plunge, and most investors fall into two buckets by either chasing the move or…
Read MoreThe Ivy
Buffett’s Top Dividend Stock Will Surprise You
If you look down the list of dividend stocks that Warren Buffett’s Berkshire Hathaway owns, the highest yielding one will surprise you and it’s not apparent at first glance.
A cursory examination of his portfolio would suggest that the highest paying dividend stock is Citigroup, which pays a 4.3% yield and represents a 0.7% stake.
» Read more about: Buffett’s Top Dividend Stock Will Surprise You »
Read MoreThe Spotlight
Is it Finally Time to Buy UBER?
Is it time to buy UBER stock? Uber Technologies (NYSE:UBER) seems to be on a roll. Despite the disruption the emergence of the COVID-19 caused in the transportation marketplace, UBER seems to be snapping back. During the company’s most recent quarterly earnings call, CEO Dara Khosrowshah stated that the company had achieved total adjusted EBITDA profitability for the second quarter in a row –