Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Rally as Powell Fuels Bets on September Cut
By Rita NazarethThe S&P 500 climbed 2%. Treasury 10-year yields declined four basis points to 4.1%. The dollar fell.
July 31, 2024
The 12 Worst States for an Affordable Retirement: 2024Factors that influenced the ratings include the cost of living, well-being, health care, crime and the weather, says Bankrate.
July 31, 2024
Market Sees Rate Cuts As a Sure Thing: Peter MalloukThe market expects a rate cut to come in September, the leader of RIA Creative Planning says.
July 30, 2024
Jeremy Siegel: New Stock Winners Starting to EmergeLower interest rates could fuel value stocks, the economist suggested, while growth stocks stay short of peaks.
July 30, 2024
Tech Stocks Sink as War Jitters Fuel Rush to BondsMost shares in the S&P rose, but renewed tech weakness weighed on the gauge, with Nvidia tumbling 5%.
July 30, 2024
Third of Americans Report Lack of Financial Well-BeingRetirement-related worries are a top source of stress, a Guardian Life survey found.
July 30, 2024
Schwab Launches Ultra-Short Term Fixed Income ETFThe fund, focused on investment-grade bonds, is Schwab Asset Management's first actively managed fixed income ETF.
July 30, 2024
How an RIA Turned Culture, PE Backing and 'Infinite' Demand Into $1T"There is so much need out there" for fiduciary advice, Captrust CEO Fielding Miller tells ThinkAdvisor.