Stock market today: Wall Street opens higher as it heads for a winning week
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,
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Read MoreStock Market Today: Dow up 200 points as stocks head for weekly gain
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,
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Read More'Employers aren’t responsible for my retirement,' say most (75%) employees
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.
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Read MoreUS retirement plans: Key changes announced for 2025
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.
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Read More5 Nasdaq Stocks Below Book Value, 5-Year Earnings And 4 Pay Dividends
Nov 22, 2024,11:46am EST
China Market Update: KE Holdings’ Q3 Hints At Real Estate Rebound, Week In Review“,”scope”:{“topStory”:{“index”:1,”title”:”China Market Update: KE Holdings’ Q3 Hints At Real Estate Rebound, Week In Review”,”image”:”https://specials-images.forbesimg.com/imageserve/6740b43c7736c189378179a5/290×0.png”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 22, 2024″,”hourMinute”:”11:46″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1732293973079},”uri”:”https://www.forbes.com/sites/brendanahern/2024/11/22/china-market-update-ke-holdings-q3-hints-at-real-estate-rebound-week-in-review/”}},”id”:”a1fr83cjl8qo00″},{“textContent”:”
Nov 21,
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Read MoreThe Burst
How To Trade The Crashing Markets
Lots of finger-pointing has taken place. Was it Buffett selling Apple? The jobs report? The unwind of the Japanese carry trade, which is essentially nothing more than borrowing at low rates in Japan and investing at higher yields in the US. Or was it the re-pricing from inflation concerns to recession worries?
Regardless,
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Read MoreThe Ivy
1 Little-known Fund Goes All In On Semi Stock
Prospect Capital Advisors isn’t a big name fund but it’s put almost 10% of its fund into a single stock, Silicon Motion Technology.
For a fund overseeing hundreds of millions of dollars, this is quite a bet. Why risk it all on a little-known stock when you can follow the herd into Apple,
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Read MoreThe Spotlight
1 Top Healthcare Firm Set To Pop
UnitedHealth Group, with a market capitalization of around $454 billion, is the largest health insurer in the United States, serving nearly 50 million Americans.
It benefits from unparalleled market presence and scale that grants it significant bargaining power, which in turn ensures lower costs and higher margins compared to its competitors.
Over the past decade,