U.S. stocks continued their post-election rally on Friday, notching more record highs with the Dow and S&P 500 putting in their best weekly performance all year. The blue-chip Dow closed up 259.65 points, or 0.59%, to a record high 43,988.99, and the broad Standard & Poor’s 500 index finished up 22.44 points, or 0.38%, to […]

Cathie Wood’s aggressive investing style has started to bounce back into favor. She’s not going to stand still. The co-founder, CEO, and ace stock picker for Ark Invest keeps making moves for the exchange-traded funds she helps manage. She was busier than usual on Thursday with her daily transaction summary. The fund manager increased her

Thinking about stocking up to save big? Buying in bulk from stores like Costco or Sam’s Club seems like a no-brainer for cutting costs, but here’s the surprising truth: it could actually be draining your wallet instead. While grabbing a massive pack of your favorite products may feel like a deal, many shoppers end up

dowell | Moment | Getty Images Before the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies, experts said. “In general,

(Bloomberg) — Shares of Prospect Capital Corp., a $7.6 billion publicly-traded private credit fund, tumbled more than 16% Friday after the firm cut its dividend for the first time in seven years. Most Read from Bloomberg Prospect said in a statement that the 25% dividend cut is needed as it shifts holdings away from the

The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. All major U.S. indices posted

Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024.  The Washington Post | The Washington Post | Getty Images Shares of Tesla climbed more than 9% in afternoon trading Friday, pushing the electric vehicle maker’s

Key Takeaways Buy now, pay later providers Affirm and Block saw their stock prices fall Friday. The decreases come after stock prices for both companies started to climb in August. Affirm told investors it’s looking to build its customer bases during the holiday shopping season, which is vital to both it and Block’s AfterPay. Buy

Travel deals are back for some of the biggest shopping days of the year in 2024, with plenty of opportunities to find discounted hotels, flights and cruises. Some deals have already been released, so you don’t need to wait for Black Friday, Cyber Monday or Travel Tuesday to plan where you’ll go in 2025. Purchase

US stocks headed towards their best week of the S&P 500 (^GSPC) hitting 6,000 for the first time ever to round out gains spurred by Donald Trump’s White House victory followed by the Federal Reserve’s latest rate cut. The S&P 500 rose 0.4% to a new record, while the tech-heavy Nasdaq Composite (^IXIC) hovered near