Investing

Stock Market Today Every sector finished in the black during a broad recovery session Tuesday … even though there was little to justify the powerful move higher.A light-news Tuesday gave the stock market the breathing room it needed to mount an aggressive rebound rally.  Whether the rally is of the short-lived “relief” variety remains to… Continue reading Stock Market Today: Stocks Start Short Week With a Snap-Back | Kiplinger

FedEx (FDX, $227.14) headlines this week’s light earnings calendar, with the shipping giant slated to report its fiscal fourth-quarter results after the June 23 close. FDX made waves last week when it announced a massive dividend hike – boosting its quarterly payout by 53% to $1.15 per share. Additionally, the company said it would add… Continue reading Analyst: FedEx Stock Has Upside Potential Ahead of Earnings | Kiplinger

A Friday rally still left the major indexes significantly lower over the past five days of trading. There wasn’t much good news to which to credit Friday’s move. U.S. industrial production improved less than expected in May, up 0.2% versus estimates for 0.4%; manufacturing actually declined by 0.1%. Wells Fargo economists Tim Quinlan and Shannon… Continue reading Stock Market Today: Stocks Earn a Decent End to a Dreadful Week | Kiplinger

Washington’s 12th and newest federal holiday – Juneteenth, or June 19 – will indeed close the stock and bond markets this year, providing investors with a long holiday. That’s despite the fact that in 2022, Juneteenth falls on a Sunday. Juneteenth, also known as Juneteenth National Independence Day, occurs on the anniversary of Union Army Gen.… Continue reading Is the Stock Market Closed for Juneteenth 2022? | Kiplinger

Stock Market Today A heaping helping of lousy economic data Thursday washed away any optimism traders showed after the Fed’s latest policy decision.Whatever cheer investors took from yesterday’s Federal Reserve policy announcement and Chair Jerome Powell’s presser evaporated Thursday, as the major indexes sank and the Dow Jones Industrial Average dropped to within close reach… Continue reading Stock Market Today: Bears Viciously Repel Post-Fed Rally | Kiplinger

investing With markets officially in bear territory, many retirees are anxiously wondering what they should do. The man who wrote the 4% Rule recently shifted to mostly cash, but should you?Bill Bengen is one of the most influential figures in the financial planning industry. Based on the history of the capital markets since 1926, his… Continue reading Is It Time to Move to Cash? The Father of the 4% Retirement Withdrawal Rule Did. | Kiplinger

Stock Market Today The Fed’s largest rate hike in nearly three decades, and more flexibility from Chair Powell, squeezed stocks higher Wednesday.The Federal Reserve isn’t messing around. For months, America’s central bank largely telegraphed a 50-basis-point increase to its benchmark interest rate for its June policy meeting. But on Wednesday, it instead met recently stepped-up… Continue reading Stock Market Today: Fed Goes Big, Wall Street Approves | Kiplinger

Another hot reading of inflation kept the bulls pinned to the ground Tuesday. All eyes now are on tomorrow’s conclusion of the Federal Reserve’s latest policy meeting, where America’s central bank is expected to raise its benchmark interest rate once more. The Bureau of Labor Statistics reported this morning that U.S. producer prices rocketed 10.8%… Continue reading Stock Market Today: Stocks Wobble Ahead of Fed’s Next Rate Decision | Kiplinger