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Market News

Location American Market News for 5 October 2023
Life Certificate for pensioners: How super senior citizens can submit Jeevan Praman Patra via face authentication Pensioners must submit a life certificate annually to continue receiving pension
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The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
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5 Best Penny Stock Alternatives To Buy In October 2023 Penny stocks can be tempting because of their low price, but investors should beware. Here's why you should avoid them, plus five alternative investments with better risk/reward profiles.
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S&P 500 Dips Ahead of Friday's Jobs Report

Wall Street Journal - 5 Oct 2023 22:37
Benchmark Treasury yields fall for a second straight day.
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Where Energy Markets Are Headed Next...and How You Can Profit! The more-recent pullback in crude oil and gasoline has given bargain-hunting investors a chance to get on board.
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General Motors Stock Slides: 3-Year Low Amid $5 Billion Strike Slump Shares of Bank of America, Coca-Cola and NextEra Energy also slid to 52-week lows Thursday.
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Know the pros and cons of investing in your child's name Parents in India are starting to plan for their children's future right after childbirth, opening bank accounts and making investments in their names.
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How to plan for your child's schooling costs and other financial goals A systematic, disciplined, and rationalized approach to investing is essential when discussing saving via investing.
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As an NRI, does a senior citizen need to pay advance tax? There is exemption from advance tax provisions for a resident senior citizen individual who does not have any income from business or any professional income.
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Top 10 Airlines Cashing In On Extras Like Checked Luggage And Preferred Seating Last year, commercial air passenger traffic saw a surge of over 30%, while revenue soared by 50% compared to 2021, with Europe and Asia ex-China showing remarkable gains.
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What To Expect From Delta's Q3?

Forbes - 5 Oct 2023 16:00
What To Expect From Delta's Q3? We expect the company's adjusted revenues to come in at $14.6 billion, in line with the consensus estimate.
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Factor ETFs Fail to Deliver Their Promised Outsize Returns

Wall Street Journal - 5 Oct 2023 16:00
The premise of isolating a particular investment trait to outperform the market may have seemed like a good idea, but the data say something else.
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Buy This 11.9% Dividend Now, Panic Later

Forbes - 5 Oct 2023 15:45
Buy This 11.9% Dividend Now, Panic Later Please, take that finger off the Sell button. This is the best buying opportunity since the bank failure panic in March.
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Will Sealed Air Stock Rebound To Its Pre-Inflation Shock Highs Of $70? The recent stock decline can partly be attributed to weak packaging demand and the company's lowering of its full-year 2023 guidance.
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Bond Selloff Might Force Fed to Rethink Shedding Assets

Wall Street Journal - 5 Oct 2023 15:00
The Federal Reserve's quantitative tightening is one of the factors pushing long-term rates higher.
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Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
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Oil Futures Slump Further On Uncertain Global Demand Outlook Crude oil benchmarks fall further as uncertainty over global demand and a stronger dollar counter pricing upside potential of Saudi-Russian output cuts.
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Discover Financial Stock Is Undervalued

Forbes - 5 Oct 2023 14:00
Discover Financial Stock Is Undervalued Discover Financial stock (NYSE: DFS) has lost roughly 11% YTD, as compared to the 12% rise in the S&P500 over the same period.
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High Gas Prices Reek of Low Cigarette Sales

Wall Street Journal - 5 Oct 2023 14:00
People love to blame fuel stations when pump prices rise, and now they can--sort of.
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With Deliveries Missing Estimates, What's Next For Tesla Stock? Tesla saw its deliveries for the third quarter fall short of market estimates due to planned factory shutdowns which hit production.
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Is Rivian Stock Undervalued Following Surprisingly Strong Delivery Numbers? Electric pick-up startup Rivian stock (NASDAQ: RIVN), which sells the R1T pickup trucks and R1S SUV, has gained by about 35% this year, as the production bottlenecks t...
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Is Your Next Mortgage 7% or 8%? Depends If You Shop Around.

Wall Street Journal - 5 Oct 2023 11:30
Home buyers are looking for any way to lower their monthly payment with mortgage rates at their highest in over two decades.
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