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The S&P 500 added 0.3% on July 1, 2024, moving upwards to kick off the third quarter and a new trading week that will include a day off for Independence Day. Shares of Tesla and other electric vehicle companies drove higher after China-based player Nio reported record monthly vehicle deliveries. Tesla's are expected Tuesday.

S&P 500 Gains and Losses Today: Tesla, EV Peers Hit the Gas as Deliveries Pick Up

The Motley Fool

The stock retreated following its latest results, but its earnings are set to grow at a fast pace over the next year.

Where Will Micron Technology Stock Be in 1 Year?

Markets Insider

The stock market is in for a correction, as a trio of unfavorable factors will weigh on equity prices, according to Sam Stovall, chief investment strategist of CFRA Research. The Wall Street veteran pointed to the strong performance of stocks so far this year, with the S&P 500 up 15% in 2024. However, the benchmark index is poised to dip 5%, he predicted, thanks to the bearish setup in interest rates, inflation, and stock valuations.

A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says

Tesla shares jumped more than 6% on Monday to their highest level since January as optimism mounts ahead of the legacy electric vehicle maker’s highly anticipated second quarter deliveries report due Tuesday. The Tesla share price has formed an inverse head and shoulders, a chart pattern that indicates a...

Watch These Tesla Stock Price Levels as EV Maker Releases Delivery Numbers

Amazon, Walmart, and IBM could outperform many of the other Dow stocks.

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

Regulators such as the SEC and Federal Reserve fined Silvergate Capital for misleading investors and breaking anti-money laundering rules. The company allegedly misled investors about the strength of its anti-money laundering program, which missed nearly $9 billion in suspicious transfers between FTX and its affiliated companies. After a bank run...

Regulators Fine Silvergate Bank For Misleading Investors in FTX-Linked Case

Earning the highest rates on savings and CDs usually requires going with smaller and medium-sized banks and credit unions. But a few big-name banks pay a respectable APY—if you shop around. An even more select group of large U.S. banks offer both a savings account rate in the 4-5%...

These Big Banks Pay the Best Savings Account Rates Right Now—With Good CDs, Too

Record-high median home prices, elevated mortgage interest rates, and limited for-sale inventory, are reshaping the landscape of the U.S. real estate market and the cost of buying a home. For example, the average median home price in the U.S. reached an all-time high of $419,300 in 2023, according to National Association of Realtors (NAR).

Average Cost of Buying A Home in the U.S.

You generally need to demonstrate sufficient income to buy a house, but it is possible to buy a home with no income. You’ll need to prove to a lender that you can afford the mortgage payments in other ways, such as by paying with assets, or you’ll need to buy the house with all cash. Learn more about how to buy a house with no income.

How to Buy a House With No Income

The S&P 500 and Nasdaq gained at midday Tuesday, July 2, 2024 after jobs data came in above expectations and Federal Reserve Chair Jerome Powell said the central bank has made progress on bringing down inflation. Tesla shares surged after the electric vehicle maker reported better-than-expected deliveries in the second...

Top Stock Movers Now: Tesla, Lennar, CrowdStrike and More

U.S. Treasury yields were higher on Monday as investors awaited key economic data due this week and digested the latest inflation insights. Yields and prices move in opposite directions and one basis point equals 0.01%. Treasurys. Investors considered the latest economic data and looked ahead to insights from the labor...

10-year Treasury yield climbs as investors look to data in week ahead

Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 6.86 percent as of June 27, 2024. "The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months," said Sam Khater, Freddie Mac's Chief Economist. "By historical standards, the economy is in good shape, and we expect rates to continue to come down over the summer months, bringing additional homebuyers back into the market."

Mortgage Rates in U.S. Dip in Late June

The Associated Press

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates. After some persistently high inflation reports at the start...

Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Salesforce shareholders voted against the pay plans for executives including CEO Marc Benioff, a new SEC filing shows. The advisory vote on executive pay was one of a number of issues voted on by shareholders at the company's annual meeting last week. Shareholders also re-elected members of the company's board,...

Salesforce Shareholders Vote Against Pay Plans for CEO Marc Benioff, Other Execs

The dollar slipped on Tuesday in choppy trading after Federal Chair Jerome Powell struck a slightly dovish tone in his comments, suggesting that the U.S. central bank is more than likely to start its easing cycle later this year. Powell, in a monetary policy conference in Portugal, said the U.S....

U.S. dollar dips as Fed's Powell's dovish comments offset upbeat jobs data

Only one S&P 500 stock is beating Nvidia so far this year. This stock's success is in part due to Nvidia's success. Continued growth in the demand for AI solutions could keep this stock's momentum going. There are at least a couple of reasons behind this big winner's super performance...

Meet the 1 S&P 500 Stock That's Outperforming Nvidia So Far in 2024

Nvidia, Super Micro Computer, and Microsoft are still the top AI stocks to buy.

3 Artificial Intelligence (AI) Stocks to Buy in June 2024

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

The Federal Reserve's influential fed funds rate currently stands at a 23-year high. Elevated interest rates have weakened demand for manufacturing companies and raised prices on their costs for materials. While price pressure seems to be easing, demand for manufacturers' products continued to wane in June. The Federal Reserve's high...

Here's How the Fed's High Interest Rates Have Affected Manufacturing

NewsBreak

Dow Jones Today: Nasdaq, S&P 500 Advance as Tesla Jumps on Q2 Deliveries

U.S. stocks ticked up Tuesday after jobs data came in above expectations and Tesla shares soared following a better-than-anticipated second-quarter deliveries report. The Nasdaq Composite traded...

Dow Jones Today: Nasdaq, S&P 500 Advance as Tesla Jumps on Q2 Deliveries

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