There Are Only a Handful of S&P 500 Stocks That Yield Over 5%. Here's My Top Pick to Buy in September.
With interest rates on U.S. Treasuries now firmly in multiyear-high territory, income investors have much to think about. The sort of yields that only dividend stocks were able to offer just a short while ago can now be matched — if not topped — by longer-term bonds. For perspective, 30-year Treasuries are now yielding 5.25%.
Read MoreIs the stock market closed today? Why you can't trade stocks on Labor Day
The United States stock markets are closed on Monday, Sept. 7, in observance of Labor Day.
Additionally, U.S. Post Offices, banks, some businesses and non-essential government agencies will close.
Here’s what to know about stock trading.
Is the stock market closed on Labor Day? When will it reopen?
» Read more about: Is the stock market closed today? Why you can't trade stocks on Labor Day »
Read MoreTrump's trade war with Canada is becoming a ballot box issue ahead of U.S. midterms
WASHINGTON — As the United States braces for pivotal midterm elections this November, there’s a new and unexpected issue on voters’ minds in many states: President Donald Trump’s escalating trade war with Canada.
Trump demands the Fed lower interest rates after a blowout August jobs report
Donald Trump is once again turning up the heat on the Federal Reserve.
The president fired off a fresh request for the central bank to lower interest rates in a post on Truth Social on Friday. This time, the catalyst was the blockbuster month the US job market had in August,
» Read more about: Trump demands the Fed lower interest rates after a blowout August jobs report »
Read MoreWhy are average returns so hard to earn? Small-cap funds gave return of 14.8%, but investors lost 1.6%
A fund’s reported return may not be what its investors actually earn. The timing of money flows can make a big difference.
Representative image: How can a fund make money while investors lose?
The Burst
IBM’s Smart Move To Prove It’s an AI Powerhouse
For years, IBM has worn the “missed opportunity” label in artificial intelligence. The company that built Deep Blue, the chess-playing computer, and Watson, the supercomputer, seemed perfectly positioned to dominate AI before anyone else saw it coming.
And yet, while those early breakthroughs made headlines, IBM failed to cash in.
» Read more about: IBM’s Smart Move To Prove It’s an AI Powerhouse »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
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PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
» Read more about: Is PayPal About to Stage an AI-Powered Comeback »
Read MoreThe Spotlight
Is This 8.6% Yield Too Good to Ignore?
If you’re the kind of investor who wants steady income, especially the kind that drops into your account every month like clockwork, the JPMorgan Equity Premium Income ETF (JEPI) is tough to ignore.
The headline number is eye-catching, an 8.6% trailing yield, paid monthly. That’s not just high, it’s more than four times the yield of the S&P 500 and well above what most high-grade corporate bonds are paying right now.