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Market News

Location American Market News for 16 August 2024
The Score is a weekly review of the biggest stock moves and the news that drove them.
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Stocks Rebound to Notch Best Week of 2024

Wall Street Journal - 17 Aug 2024 00:37
A streak of encouraging economic reports buoys markets; H&R Block stock a standout.
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Shares of Palo Alto Networks have been on a tear ahead of Monday's earnings report.
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Companies backed by firms are taking on more risky debt to pay dividends to investors.
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The Feds Are 'Playing Nice' With Pharma, At Least for Now

Wall Street Journal - 16 Aug 2024 15:30
Big pharma emerged relatively unscathed from Medicare price negotiations, but that might not always be the case.
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KeyCorp Deal Could Be a Model for Regional Banks

Wall Street Journal - 16 Aug 2024 14:30
The market's upbeat reaction to Scotiabank's purchase of a stake in the Cleveland-based lender is an eyebrow-raising indicator.
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Three popular stock market valuation tools are saying the rebound of the past couple of weeks is a fools' rally.
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Are You Using the Right Tax Breaks to Boost Investment Returns?

Wall Street Journal - 16 Aug 2024 13:30
Americans have more options than ever to shelter their investments from taxes. Here's how to make smart use of five major types of accounts.
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When should one shift equity mutual fund investment to debt investments? If you have regular income covering expenses, continue equity investments for better wealth. Consider taxes when determining STP amounts
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Retail sales bounce back amid 'gangbusters' growth Retail sales bounced back last month, official figures show, in a sign that growth in Britain's "gangbusters" economy is continuing.
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Should I invest in ULIP or traditional insurance for my son's higher education? For saving for your son, separate protection and investment needs. Buy a term plan for life cover and invest in a diversified mutual fund. Avoid ULIPs and traditional insurance for better returns and liquidity
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Raksha Bandhan 2024: Stocks, MFs, gold coins to FDs. List of financial gifts you can give your sister this Rakhi Raksha Bandhan 2024: Rakhi, celebrated on August 19, 2024, involves sisters tying Rakhis on brothers' wrists, who in turn give gifts. Consider financial gifts like cash, mutual funds, or stocks to ensure long-term securi...
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Tailoring portfolio diversification: Strategies for different phases of life An ideal financial plan involves carefully blended allocations to a diverse range of asset classes to meet long-term goals. It is a combination of art and science, where multiple factors, including financial and behavior...
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