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Market News

Location American Market News for 28 January 2024

The S&P 500 Rallied to Records on the Back of Just One Sector

Wall Street Journal - 28 Jan 2024 09:01
Tech stocks keep climbing, while the other 10 sectors of the index are trading an average of 15% below their all-time highs.
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Blast from the past: Can these mega funds regain their mojo? Their returns have varied across different time-periods due to changes in market dynamics and other reasons
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How to calculate tax on inherited property?

livemint.com - 28 Jan 2024 19:59
How to calculate tax on inherited property? Any gain or loss arising from sale of such inherited property, shall be chargeable to tax as 'capital gain/ loss' in your hands in the year of sale.
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Expected interest-rate cuts could boost startup investment and help reopen the IPO market.
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Flat Is the New Up for Banker Bonuses

Wall Street Journal - 28 Jan 2024 14:30
Wall Streeters hoped their payouts would bounce back this season to supersize levels. They haven't.
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Fixed deposits: Should FDs be your next investment destination? Here's what top experts say In 2024, bank fixed deposits might serve as an attractive investment option, particularly if you aim to capitalise on the elevated interest rates available. Nonetheless, exercise caution and avoid allocating your entire ...
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Insurance plans vital to retirement planning, says Srinivas Balasubramanian of ICICI Prudential Retirement planning can be divided into two phases: the accumulation phase and the pay-out phase. Insurance companies offer products that can help in both phases.
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Mahila Samman Savings Certificate: What is MSSC and how to invest in it? All you need to know The Mahila Samman Savings Certificate scheme is a captivating endeavour to empower women and girls through enhanced financial inclusion.
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Is a Custom-Tailored 401(k) Worth the Cost?

Wall Street Journal - 28 Jan 2024 06:00
Personalized retirement plans are gaining popularity--but they might not pay off for all savers.
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