Stocks surged into Friday’s close, posting solid gains for the week and the month. Last week, the Dow gained 3.0%, the S&P 500 increased 4.3%, and the Nasdaq Composite went up 4.7%. In the best monthly performance for the major averages since 2020, the Dow rose to...
A real estate investment trust (REIT) can add a crucial (but often overlooked) layer of diversification to a well-balanced portfolio. REITs offer a unique risk/reward profile that doesn’t always perfectly correlate with stocks or bonds because real estate is an asset class that’s not directly tied...
Despite Friday’s pullback, stocks rebounded last week, with the major indexes posting sizeable gains following stronger-than-expected corporate earnings. For the week, the Dow gained 2%, and the S&P 500 gained 2.6%, to finish Friday’s session 8% up from its June low. Meanwhile, the tech-heavy Nasdaq led the...
Anyone looking for companies trading for cheap valuations relative to their earnings and long-term growth potential would do well to expand the search to small-cap investments, which seem much more appealing right now than their large-cap counterparts.   "While large and mid-caps trade at a...
Equity markets rallied into the close on Friday following the release of positive consumer spending data, but the bounce was not enough to keep the major indexes out of the red for the week. Disappointing earnings results from big banks and alarming inflation data contributed to...