Dimon Led Bank CEOs to Fend Off Tougher Capital Rules Regulators discuss slashing proposed capital requirements in sign of banks' increasing clout. Meet Salim Ramji, Who Is Going to Oversee the Retirement Assets of Tens of Millions of Americans The first outsider to run Vanguard needs to win over the Bogleheads. Colleagues say he can. Crypto Lender Genesis Global Gets Wind-Down Plan Approved A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing. RedBird Banks $4.7 Billion for Dealmaking The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals. Private Equity Warms Up to Clean-Energy Tax Credits Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits. The Medicare Bubble Has Burst The government health insurance program had been a gold mine for private insurers until recently. Binance Gets Two Compliance Monitors in Settlements With U.S. Authorities Consultant Forensic Risk Alliance and law firm Sullivan & Cromwell have been selected as outside monitors as part of the crypto exchange's $4.3 billion settlements with U.S. regulators. Investors Are Striking Gold All Over Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring. Financial Services Roundup: Market Talk Read about SPDR Gold, Robinhood Markets, Canadian household borrowing, and more in the latest Market Talks covering Financial Services. Dow Jones Industrial Average Tops 40000 for the First Time The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing. (END) Dow Jones Newswires 05-20-24 0015ET
On May 16, the Dow hit the 40,000 milestone after an excellent earnings report from Walmart (NYSE: WMT ). Given the ongoing economic strength and technical momentum, adding some market exposure with cheap Dow stocks is warranted.
Stock traders and investors had no problem with last week's PPI and CPI report even if the PPI was a bit higher than expected. This is typical of a strong bull market as while the S&P futures were lower in an initial reaction to the PPI report, they moved higher for the rest of the day.
Dow is a chemicals company with a 4.7% dividend yield. Verizon is a telecom giant with a 6.5% yield.
The stock market closed mixed Friday but the Dow Jones finished above a key level. Now the latest Fed minutes and Nvidia earnings are due.
The Dow Jones touched the milestone of 40,000 for the first time on strong corporate earnings and renewed bets for rate cuts. We have highlighted five ETFs that have been leading the way higher this year.
The Dow is flirting with 40,000. The S&P 500 and Nasdaq are at or near record highs.
U.S. stocks held steady near record highs on Friday as shares of GameStop tumbled, capping off a rollercoaster week for it and other meme stocks.
Cheap industrials and companies that cater to middle class Americans may be the way forward for investors, as the Dow Jones Industrial Average flirts with 40,000.
The Dow Jones Industrial Average made history, but it's not because of big tech.
The Dow Jones Industrial Average made history Thursday, setting the latest impressive milestone for 2024's red-hot stock market.
U.S. stock futures were slightly higher in premarket trading on Thursday as markets continued to digest yesterday's consumer inflation report, which fed optimism that the Federal Reserve will cut interest rates later this year.