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Market News

Location American Market News for 1 April 2023
A Technical Tool That Pinpointed The Market Leading Nasdaq 100 At the start of the year, the stock market bearishness was rampant. By the middle of January, there were signs from one technical tool that some stocks were likely to lead while another industry group looked very vulnera...
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IRS Refunds Are Smaller as Tax Day Approaches

Wall Street Journal - 1 Apr 2023 14:00
With about two weeks to go until Tax Day, more than 80 million Americans, or about half of total taxpayers, have filed their 2022 returns and claimed more than $172 billion in refunds.
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Goldman bought three hotels overlooking the Aegean Sea. Next up: a renovation and a new brand.
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For Banks, Does More Debt Mean Fewer Problems?

Wall Street Journal - 1 Apr 2023 16:00
While new requirements might be expensive for regional banks, they may help mitigate deposit-flight risk.
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This Is Like Buying An ETF (But With An 8% Dividend) On the surface, investing through an index fund sounds great.
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3 Extra-Large Dividends You Collect Every Month It doesn't get any better than monthly dividends...
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Investors Seek Safety in Tech Stocks, Money-Market Funds

Wall Street Journal - 1 Apr 2023 11:30
During a wild first quarter, investors scrambled both into speculative stocks that were hammered in 2022, as well as the relative safety of money-market funds.
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New NPS withdrawal rules come into effect today: All you need to know The new rules for withdrawal from the NPS will make annuity payments faster and simpler for subscribers exiting the NPS
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Aadhaar, PAN becomes mandatory for PPF, SSY other small saving schemes PPF, SSY, SCSS, other small savings scheme investors need to furnish Aadhaar number by 30th September 2023 while new subscribers will have to submit the 12-digit UIDAI number within six months of account opening
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Senior Citizens Saving Scheme: Interest rate, other changes from April 1, 2023 Small Savings Scheme interest rate: Senior Citizens Saving Scheme interest rate has been raised to 8.20 per cent from existing 8 per cent
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Public Provident Fund (PPF) interest rate left unchanged at 7.1%. How to get max return? Under Public Provident Fund scheme, PPF interest rate is calculated on the minimum PPF account balance from 5th to last date of the month
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Is Gold About To Break To An All-Time High? Gold's price action of the past few years has created a resistance zone overhead from $2,000 to $2,100. If gold can finally close above that resistance zone with heavy trading volume, that would likely indicate that a po...
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China's Covid 'Exit Wave': (4) Flattening The Curve? The argument has been made that zero-Covid would "flatten the curve" of the pandemic. This has not happened in countries following zero-Covid policies. They have not avoided the surge in infection and mortality. The impl...
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