Benchmark U.S. crude oil for July delivery rose $2.30 to $69.42 a barrel Tuesday. Brent crude for August delivery rose $2.45 to $74.29 a barrel. Wholesale gasoline for July delivery rose 8 cents $2.56 a gallon. July heating oil rose 9 cents to $2.40 a gallon. July natural gas rose 7 cents to $2.34 per…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 13)
June 13, 2023
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How Major US Stock Indexes Fared June 13
Stocks climbed after a cooler reading on inflation bolstered Wall Street’s expectations that the Federal Reserve will hold off on another interest rate hike this week. The S&P 500 rose 0.7 percent Tuesday, touching heights unseen since April 2022. The Dow Jones Industrial Average gained 145 points, while the Nasdaq composite rose 0.8 percent. Stocks…
Don’t Put All Your Eggs in One Basket
Dear Dave, My employer offers an employee stock purchase plan at a 15 percent discount. I’m usually the kind of guy who buys stocks and holds on to them forever. But when it comes to an opportunity like this, should I buy it and wait for a year to sell it, or should I buy…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 12)
June 12, 2023
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Benchmark U.S. crude oil for July delivery fell $3.05 to $67.12 a barrel Monday. Brent crude for August delivery fell $2.95 to $71.84 a barrel. Wholesale gasoline for July delivery fell 11 cents $2.48 a gallon. July heating oil fell 5 cents to $2.31 a gallon. July natural gas rose 2 cents to $2.27 per…
How Major US Stock Indexes Fared June 12
Wall Street closed higher ahead of a big week for central banks, carrying the S&P 500 to its highest level in more than a year. The benchmark index rose 0.9 percent Monday. The Dow added 189 points, while the Nasdaq rose 1.5 percent. Stocks have been cruising on hopes the economy may avoid a recession…
It’s Prime Time for Small-Company Stocks
By Nellie S. Huang From Kiplinger’s Personal Finance Small-company stocks are often the canaries in the market’s coal mine. Typically defined as stocks with a market value of less than $10 billion, their prices usually peak and then decline before large-company stock prices do in anticipation of a top in the economic cycle or a…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 9)
June 9, 2023
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Benchmark U.S. crude oil for July delivery fell $1.12 to $70.17 a barrel Friday. Brent crude for August delivery fell $1.17 to $74.79 a barrel. Wholesale gasoline for July delivery fell 2 cents $2.59 a gallon. July heating oil fell 3 cents to $2.36 a gallon. July natural gas fell 10 cents to $2.25 per…
How Major US Stock Indexes Fared June 9
Stocks drifted higher on Wall Street, giving the S&P 500 its fourth winning week in a row. The benchmark index edged up 0.1 percent Friday. The Dow Jones Industrial Average eked out a gain and the Nasdaq composite rose. Tesla was at the front of the market, rallying 4.1 percent after announcing that General Motors…
What Climbing Interest Rates Mean for Annuities?
Careful scrutiny of your retirement plans requires you to factor in annuities to balance your investment portfolio. Annuities remain reliable investment vehicles to generate a guaranteed income post-retirement. Meticulously planned annuities often replicate monthly paychecks that reflect in the form of salary amidst rising interest rates. Where Will I Start With My Annuities? Well, you…
Investment Guru Grant Cardone Says ‘Quit Saving Your Money’ If You Want to Get Rich
Renowned investor and bestselling author Grant Cardone said that the key to getting rich isn’t saving more—but rather putting your money to work effectively. Cardone, whose net worth Forbes estimates at around $600 million, is a sought-after speaker on investment and personal finance, with over 7 million followers across platforms that include YouTube, Twitter, and…
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