A bumpy week for the S&P 500 Index prompted long-complacent traders to look at the hedges they’ve ignored for months. The demand for broad market insurance plunged to multi-year lows in the first quarter as US stocks posted a series of fresh highs despite growing geopolitical tensions and uncertainty over interest rates. This week, that
In this article, we will take a look at the 12 best low-risk investments in April 2024. To skip our analysis of the recent market trends and market activity, you can go directly to see the 5 Best Low-Risk Investments in April 2024. The stock market in 2024 presents a stark contrast to the landscape
Homebuyers hoping to capture a lower mortgage rate on the back of the Federal Reserve cutting interest rates in 2024 may have to wait a little longer. The housing market, still rebounding from COVID-induced inflationary pressures and the Fed’s rate hikes aimed at stabilization, was eyeing relief from three projected policy adjustments later this year.
As earnings season approaches and uncertainty around Federal Reserve rate cuts still looms, J.P. Morgan Managing Director & Global Market Strategist David Lebovitz joins Yahoo Finance Live to discuss which factor may play a bigger role in influencing rate cut predictions — FedSpeak or earnings. Lebovitz believes that both earnings and Fedspeak will contribute to
Starting its descent from $71,229, the original cryptocurrency was hovering around $65,761 as of 11:40 a.m. EST, according to CoinGecko data. So-called memecoins also sank, with Pepe and Dogecoin falling 8%, and Shiba Inu by 11%, in the past 24 hours, according to CoinGecko data. One contributor to the slump is dampened interest in the
A version of this post first appeared on TKer.co Stocks made new record highs, with the S&P 500 setting an intraday high of 5,264.85 and a closing high of 5,254.35 on Thursday. For the week, the S&P increased 0.4%. The index is now up 10.2% year to date and up 46.9% from its October 12,
In this article, we will take a look at the 11 oversold blue chip stocks to buy right now. To skip our analysis of the recent trends and market activity, you can go directly to see the 5 Oversold Blue Chip Stocks to Buy Right Now. The S&P 500 Index, widely regarded as the leading
In January 2022, financial advisor Andrew Fincher was working with a couple who wanted to invest the six-figure proceeds they made from selling one of their parents’ houses. They were concerned that the market could plunge after they bought in. Fincher of VLP Financial Advisors in Vienna, Va., recommended that they dollar-cost average. Instead of investing
NoDerog / Getty Images/iStockphoto It’s no secret that mortgage rates have been ballooning lately, affecting both homebuyers and sellers — many of whom feel locked in by the lower rates they secured a few years ago. In turn, the dearth of inventory is putting pressure on home prices, leaving many would-be buyers on the sidelines.
Mortgage rates slipped this week, but homebuyers are waiting for a more significant drop before entering the expensive housing market. The average rate for 30-year mortgages remained below the 7% mark, but not by much, settling at 6.91% on Thursday, according to Mortgage News Daily. Another measurement tracking weekly average rates for the 30-year loan