Dow Jones Industrial Average misses out on Mag 7 gains
The Dow Jones Industrial Average (DJIA) faced fresh declines on Monday, kicking off the new trading week with a 200-point decline. The Dow briefly tested below the 47,250 level for the first time in over a week, as ‘Magnificent 7’ concentrated investment gains lift other indexes.
Amazon (AMZN) saw a fresh rally on Monday,
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures drop as Wall Street waits for latest key earnings tests
US stock futures dropped Tuesday morning after a mixed session on Wall Street that saw AI optimism in megacap companies drive the S&P 500 and Nasdaq Composite higher.
Dow Jones Industrial Average futures (YM=F) lost 0.5%. S&P 500 futures (ES=F) slid down 0.8% and Nasdaq 100 futures (NQ=F) dropped 1.1%.
Read MoreWarren Buffett Called Dividend Growers the “Secret Sauce” to Massive Gains: Are They Still Delivering for Berkshire Hathaway?
In 2023, Warren Buffett called serial dividend growers the key to Berkshire’s success.
In Warren Buffett’s 2023 letter to Berkshire Hathaway (BRK.A 0.50%) (BRK.B 0.39%) shareholders, he touted the conglomerate’s 3,787,464% gain since 1965 and invited readers to “peek behind the curtain”
Treasury’s Bessent concedes some parts of the economy are already ‘in recession’
Just seven weeks into his second term, Donald Trump was asked about the possibility of his economic agenda creating a downturn, at least in the short term. “Are you expecting a recession this year?” Fox News’ Maria Bartiromo asked. The president responded to the question with a great many words.
Wall Street Loves Broadcom, Nvidia and CoreWeave
Quick Read
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Analysts at Jefferies reiterated a buy rating on AVGO,
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Read MoreThe Burst
I Finally Found an 8% Yielder
Real estate, REITs, dividend stocks, you name it. I’m always looking for new ways to make my money work while I sleep. And one stock I found that’s super interesting for passive income is Main Street Capital (NASDAQ: MAIN).
It has the hallmarks of being one of the best passive income machines I’ve seen,
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Read MoreThe Ivy
1 Science Powerhouse To Own for the Next Decade
Thermo Fisher Scientific has a knack for thriving even in challenging markets. While the company isn’t entirely immune to today’s global headwinds, slower biopharmaceutical spending, tighter budgets in academic labs, and muted demand in China, it has weathered the storm far better than most of its peers.
The reason?
A combination of unmatched scale,
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Read MoreThe Spotlight
3 Safe-Haven Stocks to Buy Now as the Market Sells Off
With the S&P 500 now in correction and stocks selling off quickly, investors are understandably looking for safe-haven stocks to preserve their capital and keep their portfolios guarded from potentially turbulent market conditions ahead.
Luckily, there are still several companies that could offer some degree of security. Among the safest stocks to buy now for both current security and potential long-term returns are Abbott Labs,
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