Year: 2024
An options strategy to generate income on this ‘Dog of the S&P 500’ – and perhaps buy it cheap
The “Dogs of the Dow” and the slightly less well-known “Dogs of the S & P” are stock-picking strategies focused on the Dow Jones Industrial Average and S & P 500 . At the start of each year, investors select the highest-yielding dividend stocks — usually the top 10 — allocate an equal amount of […]
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Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
Signage for Nippon Steel Corp. outside the Marunouchi Park Building, which houses the company’s headquarters, in Tokyo, Japan, on Monday, March 25, 2024. Kiyoshi Ota | Bloomberg | Getty Images Japan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden […]
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A look back at U.S. airlines’ wild 2024: From door plugs to bankruptcy, an IT meltdown and a merger
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 […]
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10-year Treasury yield rises above 4.6% as investors digest jobless claims data
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Treasury yields rose Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year Treasury jumped 5 basis points 4.633%. The 2-year Treasury traded 2 basis points higher at 4.359%. One basis point is equal to 0.01%. Yields move inversely to […]
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Stocks making the biggest moves premarket: GameStop, MicroStrategy, Honda and more
Check out the companies making headlines before the stock market opens. GameStop – Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto stocks – Stocks linked to the price of bitcoin moved lower as the cryptocurrency slid […]
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More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage
Key Points About 93% of 401(k) plans offer a Roth savings option to workers, up from 62% a decade ago, according to the Plan Sponsor Council of America. A law known as Secure 2.0 is expected to make Roth 401(k) accounts more prevalent. Choosing between Roth and pretax savings is essentially a tax bet. Source
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Dow futures fall more than 100 points the day after Christmas: Live updates
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures fell in morning trading Thursday as the market is set to give back some of the gains during the holiday week. Futures on the Dow Jones Industrial Average fell 150 points. S&P 500 futures dipped […]
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Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom
Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained […]
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South Korea’s Shinsegae to set up joint venture with Alibaba International
A customer looks at packages of vegetables at an E-Mart Inc. store in Seoul, South Korea, on Tuesday, Aug, 30, 2022. SeongJoon Cho | Bloomberg | Getty Images South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly […]
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Trump takes aim at Canada, Greenland and the Panama Canal in Christmas Day posts
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | Reuters President-elect Donald Trump took aim at Canada, Greenland and the Panama Canal in a series of Christmas Day social media posts that suggested the United States could take control of all three. Writing on his […]
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