A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images Short bets against funds that track major US indexes have declined to record lows, JPMorgan said. There are three main reasons short sellers are withdrawing from the market. Low levels of short-selling could spark volatility in the market […]
SALT LAKE CITY (ABC4) — Another wet winter in the Rocky Mountains has runoff flowing into the Colorado River increasing water levels at Lake Powell. According to the U.S. Bureau of Reclamation, the water level at the nation’s second-largest reservoir, which meanders across the Utah-Arizona border, was at 3,575 feet above sea level as of […]
It’s all about the taxes. That’s the key concept for retirement savers specifically because IRAs and 401(k)s are only tax-deferred — not tax-free. “These funds have not yet been taxed, so you need a plan to minimize these taxes [so you] can keep more of your hard-earned retirement money,” Ed Slott, a certified public accountant […]
Carrying plastic can be much more convenient than cash. Plus, using a credit card for your purchases enables you to earn airline miles, points, or cash-back rewards. Unfortunately, there’s always a downside if you’re not paying with cash — the Federal Trade Commission reported that over 101,000 reports were filed about credit card theft or […]
‘Tis the season to buy potted blooming bulbs for inside the house to celebrate the coming of spring. The most common are daffodils, tulips or lilies which may be planted outside once the foliage has died back or stored in a cool dry environment and planted in the fall. All are considered members of the […]
Hot stocks aren’t always great for the stock market. – Getty Images/iStockphoto Stock-market manias are contagious: They don’t just affect the stocks at the center of the mania. They spread, affecting everything else. Most Read from MarketWatch That’s a major and rising risk for ordinary 401(k) and IRA investors right now. It’s a danger as […]
Getty A stock rally unwinding could come with no warning, JPMorgan’s Dubravko Lakos-Bujas said in a webinar. Concentration is so high that if one large fund begins pulling out, it could trigger a broad market fallout. Cracks are already showing as Apple and Tesla stocks slide. The equity rally that’s taken stocks on a five-month […]
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally rebounded Wednesday after Tuesday’s tech-led sell-off, but the major indexes closed well off intraday highs. X Fed chief Jerome Powell continued to say there’s no rush to cut interest rates, while labor market data didn’t […]