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Market News

Location American Market News for 3 June 2023

Large-Cap Growth Funds Dominate

Wall Street Journal - 3 Jun 2023 18:00
The technology-stock rally has boosted the funds to a nearly 20% gain so far this year.
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Higher rates are driving shifts in how the insurance market handles climate risk.
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Index funds have dominated the ETF market. That's starting to change.
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From PAN-Aadhaar linking to advance tax payment, check key personal finance deadlines in June 2023 From Aadhaar-PAN linking to applying for higher EPF pension, many of these important financial tasks need to be completed within this month to avoid unnecessary consequences.
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This Stock Market 'Lag' Is Our Shot At Cheap 9%+ Dividends Don't let the debt-ceiling fracas (or whatever doomsday scenario the media is obsessing over) distract you: this economy is better than it's been in years.
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Online Banks Are Winning the Deposit War

Wall Street Journal - 3 Jun 2023 06:01
Deposits rose recently at Ally, Goldman Sachs's Marcus and Capital One, banks that either don't have branch networks or have far fewer branches than peers.
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