Today: 17. Dec, 2024
Tuesday saw Wall Street experiencing mixed trading patterns, following Washington’s initial agreement to stave off a possible catastrophic default on its debt. At noon, the S&P 500 saw a minor increase of 0.1%, close to its nine-month peak. Conversely, the Dow Jones…
When enhancing your emergency fund or working towards a short-term financial objective, a certificate of deposit (CD) ladder might be a beneficial tool in acquiring superior returns amid the volatility of interest rates. The Federal Reserve’s recent series of interest rate hikes…
The combination of higher mortgage rates and a severe shortage of available homes negatively impacts the demand for mortgages. According to the seasonally adjusted index from the Mortgage Bankers Association, mortgage applications for home purchases dropped by 4.8% last week compared to…
Stocks on Wall Street edged lower as Home Depot issued a warning about declining sales, adding to concerns about the overall state of the economy. The midday trading saw the S&P 500 down by 0.3%. The Dow Jones Industrial Average fell 207…
Most Asian shares took a downturn as concerns about U.S. banks and declining demand from China, a significant growth propeller for the region, loomed large. Stephen Innes, a managing partner at SPI Asset Management, noted that “Asian stocks were grappling to find…
The price of gold experienced a significant upswing in response to the latest meeting of the US Federal Reserve, but did it reach a new record high? Although the gold price briefly dipped below $1,980 per ounce earlier in the week, it…
