The Week on Wall Street A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones Industrial Average gained 0.56%. The MSCI EAFE index, tracking foreign stocks in developed countries, added 0.65%.[1][2][3][4] Nothing […] READ MORE
Last week, trade tensions with China lessened somewhat, while the 2nd quarter corporate earnings season started with mixed results. Against this backdrop, domestic stocks experienced sizable growth. By market’s close on Friday, July 13, the S&P 500 was above 2,800 for the first time since February 1. Meanwhile, the Dow was above 25,000, and the […] READ MORE
Last week gave a number of things for both investors and non-investors to think—and worry—about. From North Korea’s missiles to Hurricane Harvey’s devastation to an unemployment uptick, the headlines were busy. Yet, despite these circumstances, U.S. stocks posted gains again this week—and the NASDAQ ended Friday with a new record high and 2017’s best weekly […] READ MORE
Last week, the S&P 500, Dow, and NASDAQ closed at all-time record highs.[i] The S&P 500 rose 0.96%, the Dow gained 0.6%, and the NASDAQ grew by 1.54%.[ii] Meanwhile, the MSCI EAFE gained 1.64% for the week.[iii] Despite strong equity markets, bond yields dropped to their lowest point in the year.[iv] The drop in yield […] READ MORE
Shares of Preferred Stocks offer corporate bond-like yields plus potential gains. Sound attractive? Let’s take a closer look. Although bought and sold like common stocks, preferreds are more similar to bonds. They represent debt, not ownership in the corporation. They’re called preferred because a firm must pay its preferreds’ dividends before paying common stock dividends. […] READ MORE
Most of us work hard all our lives to get to the endgame of retirement. But retirement isn’t the endgame any more, as if it ever was. Retirement is just the beginning of another stage of life. With most retirements often lasting 25 or 30 years nowadays, financial experts are telling people to think of […] READ MORE