Friday, December 24, 2020 Stocks Gain on Christmas Eve. Stocks closed higher on a low-volume, holiday-shortened Thursday. The status of a $900 billion fiscal stimulus bill that passed in Congress this week remains unclear after President Donald Trump demanded last-minute changes. Still, investors don’t seem concerned—it’s likely a matter of when, not if, the package [...]
Freelance and Social Security Thankfully, there's one benefit you won't have to relinquish if you pursue a freelance career: Social Security. Freelancers have the same access to Social Security as salaried employees and are eligible provided they rack up enough lifetime credits (40 credits). Former freelance workers can begin collecting those benefits between age [...]
Friday, December 18, 2020 Stocks Slip as Lawmakers Haggle. U.S. stock indexes on Friday pared declines into the close but finished the session lower as investors monitored last-minute negotiations toward cementing a coronavirus aid package amid worsening infections and hospitalizations. The day's trading action also was colored by quadruple witching and Tesla's nearing inclusion in [...]
Friday, December 11, 2020 Investors Still Waiting on Stimulus Package. U.S. stock indexes finished mixed Friday, capping a week marked by unsteady progress toward another coronavirus relief package by Congress and thus-far unsuccessful negotiations on Britain’s trade relationship with the European Union. Hand-wringing about overly bullish sentiment and lofty valuations, despite progress on a coronavirus [...]
4 methods to NOT run out of money Are you afraid of running out of money during retirement? Did you know that according to the Merrill Edge Report, older Americans are more afraid of outliving their savings than they are of dying?* What would you do if you retire and outlive your money? What [...]
Friday, December 4, 2020 Record Finish. Major stock benchmarks scored a round of records Friday to cap another week of gains for equities as investors looked past a weaker-than-expected jobs report. The Dow Jones Industrial Average, S&P 500, Nasdaq Composite, and Russell each ended at an all-time high, the first simultaneous record finish for the [...]
Friday, November 27, 2020 Stocks Rise During Thanksgiving Week. U.S. stocks finished the day and week in positive territory on Black Friday, with the technology-laden Nasdaq Composite leading the way higher in a holiday-shortened session. The Nasdaq Composite Index finished at a record on the session, ending up 0.9% at about 12,206, the S&P 500 [...]
Friday, November 20, 2020 Stocks Slip as Fed, Treasury Clash on Spending. Stocks closed out the week with losses, as Covid-19 cases surge, states shut down, and the threat of expiration of five Federal Reserve credit facilities looms. Technology stocks outperformed, however, ending with a weekly gain. For the session, the Dow Jones Industrial Average [...]
Friday, November 13, 2020 Vaccine Optimism Lifts Stocks. Stocks scored gains Friday, with the S&P 500 closing at a record as investors cheered progress toward a Covid-19 vaccine, while seeming to look past a continued rise in new cases of the illness. The Dow Jones Industrial Average rose about 400 points, or 1.4%, to close [...]
Friday, November 6, 2020 Stocks Log Best Election Week Since 1932. U.S. stocks’ recent winning streak paused on Friday, but the S&P 500 still posted its second-best performance for any presidential election week on record, and its best since the 1932 election. The Dow Jones Industrial Average advanced nearly 6.9% for the week, the S&P [...]
