US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. Dow Jones Industrial Average fell 509 points, or…
Read More “Dow down more than 500 points as brutal first half comes to close” »
More than 120 companies including Intel, Nvidia and Texas Instruments recently signed a letter urging Congress to accelerate negotiations to get a bill passed that would massively scale chipmaking in the US. The group of A-list companies, which also includes Amazon AMZN and Microsoft MSFT, design, manufacture or provide critical infrastructure to the semiconductor industry….
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Management in 1983 after working as a general partner and director of research Lord Abbett & Co. Before that, he was an analyst for several…
This year’s stock price declines to make an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably. There are different approaches to selecting dividend stocks. For example, John Kornitzer, who co-manages the Buffalo Flexible Income…
Read More “These dividend stocks yield at least 5% and have plenty of room to raise payouts” »
The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. While slavery in the US was abolished more than 150 years ago, organizations that profited from it still operate today – and it’s in their best interest to fully atone for the past, says…
Read More “How can companies atone for slavery ties? Financial giant sets an example: expert” »
Blink and you missed a post-Federal Reserve bounce, as stock futures signal a reboot for Wall Street selling on Thursday. “Whatever reaction we see today is likely to be a one-day thing (just like last FOMC). The Fed has no idea where inflation is going, and neither do we. The economic data is what matters,…
Last week’s shock US inflation number continues to tear through markets, with dip buyers seemingly hiding. Hardest hit Nasdaq-100 futures are down 3%. Investors are now focused squarely on Wednesday’s Fed outcome, with expectations the central bank may need to do something bold, driving even more anxiety out there. The aftermath of Wall Street’s Friday…
US companies are warning of earnings misses at a historically high rate and there are signs that the pace could accelerate, but Wall Street analysts don’t seem to be listening too closely, yet. The downbeat outlooks for the current quarter, as inflation and continued supply-chain challenges lead to slowing demand, muddied what has been a…
Read More “Profit warnings kicked into high gear, and there’s still no slowdown in sight” »
House prices have been ballistic over the last two years, in part due to a big shortage in housing materials. A new report lays out what elements actually go into building a home, highlighting how complicated – and expensive – the process can get. “In the last three years, the cost to build a home…
Read More “The ‘cost to build a home in the US has risen at an unprecedented rate,’ says BofA” »
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2022. All rights reserved. Have you ever thought about buying a second home but can’t afford one? Escape Home contributor Timothy Harper shares his story co-owning a lake house: After spending…
Read More “Can’t afford a vacation home? Consider sharing one” »
