Rising interest rates and stock-market volatility over the past year have added extra allure to the high-yield savings accounts and certificates of deposit that banks offer.Then came the stunning failure of Silicon Valley Bank, the closure of Signature Bank and the array of regional banks under pressure — all in…
S&P 500, Dow open higher as banking jitters ease after UBS-Credit Suisse deal
The S&P 500 and Dow opened higher on Monday after UBS Group agreed to buy its beleaguered Swiss peer, Credit Suisse, in a deal that was aided by Swiss authorities. The S&P 500 SPX, +1.30% gained 5 points, or 0.1%, to 3,921. The Dow Jones Industrial Average DJIA, +0.98% advanced…
The 5 biggest investor mistakes of 2013
CHAPEL HILL, N.C. (MarketWatch) — The biggest mistake investors will make in 2013 will be to reduce their equity positions in favor of either cash or bonds. That, at least, was the consensus of a panel of top-performing advisers assembled Thursday at the World Money Show in Orlando. The show’s…
Tesla outpaced European competitors in February, growing EU market share
Tesla Inc.’s new car registrations in the European Union shot up in February as the company took a bigger chunk of the bloc’s passenger car market compared with a year ago, according to figures released Tuesday by the European Automobile Manufacturers Association, known as ACEA. ACEA said that Tesla’s TSLA,…
UBS Stock Price | UBS Group AG Stock Quote (U.S.: NYSE)
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Cathie Wood’s internet fund make its first Microsoft purchase
Cathie Wood on Monday bought a stock she doesn’t trade very much — Microsoft MSFT, +0.17%. The ARK Next Generation Internet ETF ARKW, +5.36% bought $11 million worth of Microsoft, selling the equivalent dollar amount of Endeavor Group EDR, +2.61%, the talent agency. That’s the first purchase in that fund…
U.S. stocks hold gains as bank tensions ease and Fed decision looms
U.S. stocks were holding onto gains midsession Tuesday after a sharply higher opening, while anxiety about the banking sector recedes and traders wonder how high the Federal Reserve will raise interest rates on Wednesday — if at all. How stocks are trading The S&P 500 SPX, +0.77% climbed 22 points,…
Fed-funds futures traders see 73% chance of quarter-point hike on Wednesday, boost odds of May hike
Fed-funds futures traders are pricing in a scenario in which Federal Reserve policy makers look past banking-sector developments to some extent, and keep hiking interest rates through May. A 73% chance of a quarter-of-a-percentage-point rate hike for Wednesday was seen, up from 62% on Friday — which would take the…
How to pick dividend-paying stocks
CHAPEL HILL, N.C. (MarketWatch) — So you’ve finally decided to heed the oft-repeated advice to invest in dividend-paying stocks. Now what? It turns out that you still have an overwhelmingly large number of stocks to choose among. In 2012, for example, more than 400 of the 500 stocks in the…
How some retirees are making extra income with short-term rentals
When my husband died in 2018 at age 57, I knew I was going to have to do something to make up for the savings he would have contributed to our IRA.This year, when inflation skyrocketed, I not only needed additional income if I hoped to eventually retire, but I…