The dominance of the Magnificent Seven was reduced in the index (QQQ, QQQM). Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Munis yields rose Thursday, following and outperforming a U.S. Treasury sell-off on the heels of strong-than-expected economic data. Equities ended down. Thursday’s “economic data offers the latest evidence that the U.S. economy is weathering the fastest rate hikes in a generation without much damage to the major gear-works of the economy,” said Wells Fargo Securities
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The Securities and Exchange Commission has adopted cybersecurity rules, requiring public companies to disclose material information on their cybersecurity risk management and governance strategy and requiring firms to disclose cybersecurity breaches within four days of them deeming it material to investors. The adopted rules don’t have any direct implications for municipal issuers, but the requirements
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Coutts chief executive Peter Flavel has stepped down, saying that he bore “ultimate” responsibility for the bank’s treatment of former UK Independence party leader Nigel Farage. The private bank and its owner, NatWest, have been engulfed in a crisis since Farage revealed last week that Coutts had closed his account in part because of his
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Leon Neal | Getty Images News | Getty Images The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them. Much more.  The SEC is scheduled to vote today on rules that would require public companies to disclose “material” cybesecurity breaches within four days after
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A Southwest Airlines aircraft at a gate at AustinBergstrom International Airport (AUS) in Austin, Texas, US, on Thursday, Feb. 16, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting a mixed financial update early Thursday. Southwest
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Moving to a new home, whether it’s across town or across several state lines, can be an exciting time – but also a budget-busting experience. New homeowners (and apartment dwellers), often want new items in their new space, but can’t afford to spend funds on the cool, new stuff they need or desire. We’re starting
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The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for the first time in four decades. As interest rates climb, economists say financial conditions are headed back to being more normal. related investing news Stocks,
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If you want to make use of technology to rebalance your portfolio intelligently and quickly, you need to know this about Pies & AutoInvest. Our video series on Trading 212 Pies is here to make sure you maximise this game-changing new tool to the benefit of your investments in the stock market. In this latest
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Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India. BlackRock, on July 26, officially announced a joint investment project with Jio Financial Services (JFS), an arm of Indian tycoon Mukesh Ambani’s Reliance Industries — India’s most-valued firm. The companies each plan to
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There should be less concern over interest rates and inflation and more optimism over credit quality and returns in the second half of 2023, municipal experts said. While investors will still keep inflation and the Federal Reserve Board’s policy decisions on their radar screens, overall market technicals are expected to appeal to investors before year end,
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Colorado State University’s Institute for the Built Environment (IBE) and NAVA Real Estate Development have completed a three-year research study of Lakehouse, the first WELL-Certified multifamily residential community in Colorado. The result: Evidence of enhanced satisfaction and heightened physical and emotional well-being among Lakehouse residents. The multifamily community is a 12-story, 196-unit property in Denver’s
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