The Markets (as of market close October 26, 2018) The benchmark indexes suffered another sharp decline last week. Each of the indexes listed here lost value, led by the Global Dow. The S&P 500 and the Nasdaq could be nearing a correction (down more than 10% from recent peaks) following last week's drop. Equally noteworthy [...]
The Markets (as of market close October 19, 2018) After a sweat-inducing ride on Wall Street last week, several earnings reports helped ease some of the pain in domestic large caps by Friday's close. The Dow managed to see a 0.41% rise for the week, while the S&P 500 was relatively unchanged. The Nasdaq, Russell [...]
The Markets (as of market close October 12, 2018) Despite a surge at the end of the week, stocks plummeted last week. Each of the benchmark indexes listed here lost value, led by the small caps of the Russell 2000, which fell over 5.0%. The S&P 500, which rebounded last Friday, suffered through its biggest [...]
The Markets (as of market close September 28, 2018) The third quarter proved to be very strong for domestic stocks. July saw the major benchmark indexes listed here enjoy robust gains, led by the large caps of the Dow and S&P 500. Global stocks also rebounded in July, with the Global Dow surging 3.76% by [...]
The Markets (as of market close September 28, 2018) Rising interest rates and ramped-up trade wars put a damper on stocks last week. While not unanticipated, the Fed raised the federal funds target rate 25 basis points and intimated that another hike is likely for December. On the trade front, the United States imposed tariffs [...]
The Markets (as of market close September 21, 2018) Performance of the benchmark indexes listed here was a mixed bag last week. Large caps of the Dow and S&P 500 outperformed the tech stocks of the Nasdaq and the small caps of the Russell 2000. Maybe investors are becoming immune to the ongoing trade battle [...]
The College Landscape After Tax Reform College students and their parents dodged a major bullet with the Tax Cuts and Jobs Act of 2017. Initial drafts of the bill included the elimination of Coverdell Education Savings Accounts, the Lifetime Learning Credit, and the student loan interest deduction, along with the taxation of tuition waivers, which [...]
The Markets (as of market close September 14, 2018) Tech and foreign stocks led the way as the market rebounded from the prior week's decline. The prospect of renewed trade talks between China and the United States eased investor concerns. Large caps outperformed small caps as both the Dow and S&P 500 outpaced the Russell [...]
You must have been pleasantly surprised to find out you'd be getting a refund from the IRS — especially if it was a large sum. And while you may have considered this type of windfall a stroke of good fortune, is it really? The IRS issued over 112 million federal income tax refunds, averaging $2,895, [...]
The Markets (as of market close September 7, 2018) Apparently a strong labor report, which included increasing wages, wasn't enough to quell investors' fears as stocks plummeted last week. President Trump's threat to raise tariffs on an additional $267 billion in Chinese imports heightened trade war rhetoric and frightened investors. Each of the benchmark indexes [...]
