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One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
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A New Wall Street for the Journal
An exchange popping up in Texas isn’t all that surprising.The Wall Street Journal - World -
Investors have never withdrawn from S&P 500 funds like they did last week
S&P 500 index funds saw the biggest outflows on record last week, according to data from Lipper’s global fund flows.MarketWatch - Business -
Bank of New York rebranding cuts ties to a fading Wall Street era
Mellon joins other Gilded Age names in NY’s dustbin as lender tries out a new identityFinancial Times - Business - New York -
U.S. Stocks Trade Lower
U.S. stock indexes edged lower, after the S&P 500 and the tech-heavy Nasdaq closed at record highs for the last four sessions.The Wall Street Journal - World -
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.The Wall Street Journal - World -
These 4 S&P 500 stocks are helping to tame U.S. market volatility
Stocks not only can gain with the VIX at such extreme lows — they usually do.MarketWatch - Business -
Stocks Fall, European Markets Sell Off
Investors dumped European stocks and snapped up safer government bonds amid French political turmoil. U.S. stocks opened lower.The Wall Street Journal - World -
Cooling Inflation Powers S&P 500, Nasdaq to Weekly Gains
The S&P index added 1.6% for the week and the yield on the 10-year Treasury fell as investors assessed the job market and new data on inflation.The Wall Street Journal - World -
Hamas Spokesman Says ‘No One Has Any Idea’ How Many Hostages Remain Alive
Of the roughly 250 people kidnapped during the Oct. 7 attacks, 120 are believed to remain in Gaza. Israel believes at least third of them have died.The New York Times - World -
Carnival’s stock leads the S&P 500’s losers as BofA raises a pricing concern
Stocks of cruise operators were having a pretty bad day Friday, as BofA Securities analyst Andrew Didora suggested there was a crack in the group’s pricing armor.MarketWatch - Business
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‘We, his children, do not trust her’: My elderly father is recently widowed. His new girlfriend is putting him under pressure to get married. What can we do?
“We are so worried she will convince him to sneak off and marry at the courthouse.”MarketWatch - Business -
‘She won’t be happy until he’s in a homeless shelter’: My sister wants our father to refinance his $1.2 million home to pay off her $120,000 debt
June 15 is World Elder Abuse Awareness Day.MarketWatch - Business -
‘We get a raw deal’: This was my worst Father’s Day of all time — and it had nothing to do with a ‘crummy’ tie or tickets to see Taylor Swift
“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”MarketWatch - Business -
‘I don’t live extravagantly by any means’: I have $68,000 in credit-card debt and $50,000 in a 401(k). How can I dig myself out of this trap on a $55,000 salary?
“I am divorced, 57 years old and moved my mother, 95, in with me because she was alone.”MarketWatch - Business -
‘I’m divorcing after a lot of heartache’: Should I suggest my husband keep his $200,000 401(k), so I can take our $360,000 house?
“My early career 401(k)s were used as house down payments.”MarketWatch - Business