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Market News

Location American Market News for 14 June 2024
Here are some of the major companies whose stocks moved on the week's news.
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Cooling Inflation Powers S&P 500, Nasdaq to Weekly Gains

Wall Street Journal - 15 Jun 2024 00:26
The S&P index added 1.6% for the week and the yield on the 10-year Treasury fell as investors assessed the job market and new data on inflation.
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Adobe reported better-than-expected earnings and revenue, lifting the stock to its biggest gain in more than four years.
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We absorb our financial personalities from listening to, and watching, our parents. Sometimes they serve us well. Other times, not so much.
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Tesla Can't Be All About Elon Musk

Wall Street Journal - 14 Jun 2024 16:00
The argument made by Tesla's board that its chief executive is essential to the company's future is an indictment of its own succession planning.
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French assets remain under pressure as the market prepares for snap elections at the end of the month, with the prospect of a win by Marine Le Pen's far-right National Rally party.
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EPFO halts COVID-19 advance facility with immediate effect. Details here The Employees' Provident Fund Organization discontinues COVID-19 advance facility immediately, citing end of pandemic.
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Father's Day 2024: From SIP to health insurance plans, five financial gifts for your dad Celebrate Father's Day 2024 by showing appreciation with financial gifts like SIP, clearing debts, add-on credit card, health insurance, and emergency fund to support father figures who have always been pillars of streng...
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Paramount Will Keep Its Family Discount

Wall Street Journal - 14 Jun 2024 14:00
The implosion of a deal with Skydance leaves the media giant alone in a turbulent landscape with an unpredictable controlling shareholder.
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The Hottest Investment for Hedge Funds Is Other Hedge Funds

Wall Street Journal - 14 Jun 2024 13:30
Big firms like Millennium are so flush with cash they're outsourcing it to other firms.
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Estimated-tax penalties can catch taxpayers by surprise. Even the government's 'safe harbors' aren't entirely safe.
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How are different fund of funds taxed?

livemint.com - 14 Jun 2024 12:42
How are different fund of funds taxed? Tax rules vary depending on whether your FoF is equity-oriented, impacting both short-term and long-term capital gains.
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France at risk of financial crisis, warns minister, as stock and bonds tumble France is at risk of a financial crisis after Emmanuel Macron called a snap election, his finance minister has warned.
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