Tag Archives: High

[unable to retrieve full-text content]High rates haven’t always been a problem for stocks  Yahoo Finance Source link

[unable to retrieve full-text content]The stifling impact high inflation has on retirement savers  Yahoo Finance Source link

[unable to retrieve full-text content]Tristen Newton’s remarkable journey from underrated high school recruit to UConn’s star point guard  Yahoo Sports Source link

[unable to retrieve full-text content]Investors Purchase High Volume of Yandex Put Options (NASDAQ:YNDX)  MarketBeat Source link

Another closely followed index is set to make a new record close. The S&P 500 equal-weight index (^SP500EW) is on track for its first record-high close since January 2022. While the traditional S&P 500 (^GSPC) is market-cap weighted, meaning a few large stocks have an outsized impact on the index’s performance, the equal-weight index values all 500 stocks in the index equally. As Goldman Sachs equity strategy team highlighted in Yahoo Finance’s Charbook back in January, this led to outsized… Source link

Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world’s largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of… Source link

The S&P 500 (^GSPC) opened lower on Tuesday thanks to a decline in tech stocks and concerns about when the Federal Reserve will start cutting rates. It’s a different story for bitcoin (BTC-USD), however, with the cryptocurrency notching a new all-time high. Alibaba (BABA) shares are on the move. The Chinese internet giant is one of the companies investing in Chinese AI startup MiniMax, according to a report from Bloomberg. Stitch Fix (SFIX) shares are trading lower after posting a… Source link

High interest rates are making tax returns more complicated for many new homeowners — but in a good way. The mortgage interest deduction — a lucrative homeowners’ tax benefit taken on itemized returns — was limited by the Tax Cuts and Jobs Act (TCJA) in 2017, severely curtailing the number of households that can write off the interest they pay on their home loan. But today’s high interest rates are tipping the calculation back in favor of claiming this largely forgotten benefit,… Source link

Investors are eating up Cava (CAVA). On Tuesday, shares of the Mediterranean fast casual chain hit a new record of $59.91. Shares are up more than 40% year-to-date, jumping as much as 19% in the last five days after posting a beat on its top and bottom lines for its Q4 results. For comparison, the S&P 500 (^GSPC) is up more than 7% year to date, whereas fast casual powerhouse Chipotle (CMG) is up nearly 20%. For the fourth quarter, Cava’s revenue came in at $177.17 million, versus the $174.09… Source link

Bitcoin (BTC-USD) surged on Wednesday to break above $60,000, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a frenzy last seen during a 2021 boom. The digital asset climbed as high as $63,900, touching its highest intraday point since November 2021, before dropping back to the $60,000 level amid reports that some users of the cryptocurrency exchange Coinbase (COIN) began showing a $0 balance in their accounts. Coinbase… Source link