Investing

There are several ways to measure the performance of the stock market, including using the Dow Jones Industrial Average. But what is the Dow Jones? To be exact, the Dow Jones, which is also known as the Dow or the DJIA, is a price-weighted index of 30 of the most traded stocks on the New… Continue reading What is the Dow Jones?

Bonds can help diversify your portfolio, but they are not risk-free. Find out what a bond is, how bonds work and how they may work for you. What is a bond? Bonds are IOUs issued by corporations, federal, state and local governments and their agencies. When you buy a bond, you become a creditor of the… Continue reading Bond Basics: Ownership

Stocks made modest moves Friday as Wall Street weighed the start of second-quarter earnings season.  Higher-than-expected profits for JPMorgan Chase (JPM) and Wells Fargo (WFC) failed to catapult the financial stocks higher, though the same can’t be said for insurance giant UnitedHealth Group (UNH), which rallied hard in the wake of its results.    Taking… Continue reading Stock Market Today: Dow Outperforms After Blowout UnitedHealth Earnings

The SAFE Banking Act, a bill designed to allow cannabis businesses to operate legally without fear of punishment by federal regulators, was introduced in 2013. Not a single state had legalized adult-use cannabis 10 years ago. However, a few intelligent members of Congress were able to see the writing on the wall. Those with foresight… Continue reading SAFE Banking Act Turns 10 With Little Fanfare: This Week in Cannabis Investing

Today’s producer price index (PPI), which measures what businesses are charging suppliers for goods, confirmed what Wednesday’s consumer price index (CPI) did – that inflation continued to ease in June.  The data were enough to keep the momentum going in stocks, with all three major indexes closing higher for a fourth straight day.   Ahead… Continue reading Stock Market Today: Stocks Extend Win Streak After Promising Inflation Data

Bonds can help diversify your investment plan. They tend to be less volatile and less risky than stocks, and when held to maturity, can offer more stable and consistent returns.  Bonds are IOUs issued by corporations, federal, state and local governments and their agencies. When you buy a bond, you become a creditor of the… Continue reading Bond Basics: Pick Your Type

The latest inflation data lit a fire under stocks Wednesday, with all three major indexes closing solidly higher.  Data from the Bureau of Labor Statistics showed that consumer prices rose at their slowest pace in two years, though this did little to lower expectations of another quarter-point rate hike coming down the pike.  Taking a… Continue reading Stock Market Today: Falling Inflation Sparks Rally in Tech Stocks

For investors on the hunt for value, financial stocks may look alluring. This is due to their current downtrodden state following the regional banking crisis from earlier this year. But tread carefully. Financial stocks are lagging in 2023, with the Financial Select Sector SPDR ETF (XLF) flat on a year-to-date basis vs a more than… Continue reading Best Financial Stocks to Buy