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Market News

Location American Market News for 10 July 2023
ITR filing 2023: What to do to ensure maximum income tax refund As the deadline for filing income tax returns approaches, taxpayers should know the rules for claiming refunds. It is important to verify tax credits and maximize deductions and exemptions to increase the chances of rece...
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What's Next For Teladoc Stock After An 89% Fall In Three Years? Looking at a slightly longer term, TDOC stock is down 89% from levels seen in late 2020.
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Discover Financial Stock Is Fairly Priced At The Current Levels Discover Financial stock (NYSE: DFS) has gained approximately 18% YTD, as compared to the 16% rise in the S&P500 over the same period.
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China was once the most attractive stock market in the region for global investors, but many have turned their attention elsewhere.
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MDC Holding's Cash Flow Increases The Safety Of Its Dividend Yield MDC Holdings (MDC) is the featured stock in June's Safest Dividend Yields Model Portfolio.
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Major Stock Indexes Rise Despite Tech Declines

Wall Street Journal - 10 Jul 2023 22:16
Investors are awaiting Wednesday's inflation report. The yield on the 10-year Treasury note slipped to 4.006%.
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What Does The Second Half Hold? Three MoneyShow Contributors Weigh In Rarely is the march higher in equities a cakewalk. The latest harbinger of equity doom is that weak breadth is a reason to be bearish. This market rally is way too narrow
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How do I protect myself from a loan fraud?

livemint.com - 10 Jul 2023 18:45
How do I protect myself from a loan fraud? If you suspect misuse of your KYC documents, it is essential to take immediate action to verify and protect your identity.
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Why investment adviser rules need a relook

livemint.com - 10 Jul 2023 18:44
Why investment adviser rules need a relook The IA regulation states that the investment adviser is a person who is in the business of providing advice for a consideration.
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America's Biggest Banks Are Going to Need More Capital Fed's regulatory chief says move would help system's resilience after string of midsize bank failures
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Chevron Stock Down 13% Over Six Months, What's Next? CVX stock has declined from around $175 to $153 in the last six months, as oil prices have been surprisingly lower than expected this year.
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Is INTU A Better Pick Over Keurig Dr Pepper Stock? We compare their current multiples with the historical ones in the sections below to better understand their valuations.
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Fed's Barr Says Nation's Biggest Banks Need More Capital

Wall Street Journal - 10 Jul 2023 16:00
The Federal Reserve's regulatory chief said he has decided to beef up the financial cushions for larger banks, moves he said would help boost the resilience of the system after a spate of midsize bank failures this year.
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Rivian's Rally Makes No Sense---Unless It Uses It to Raise Cash

Wall Street Journal - 10 Jul 2023 15:01
Shares in the electric-vehicle startup are on track for a record-breaking streak of gains that it could exploit to shore up its balance sheet.
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CPI And Bank Earnings Highlight This Week

Forbes - 10 Jul 2023 14:59
CPI And Bank Earnings Highlight This Week Bonds were also down as yields increased in anticipation of a Fed rate hike later this month.
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FDA Approves New Alzheimer's Drug But Creators Biogen And Eisai Stock Slides Eisai saw its stock fall 4.67% on the news and Biogen was down 2.07%.
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How Will IBM Stock Trend Post Q2 Earnings?

Forbes - 10 Jul 2023 13:00
How Will IBM Stock Trend Post Q2 Earnings? Computing behemoth IBM is slated to report its Q2 2023 results on July 19th.
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Can WW International Recover To Its Pre-Inflation Shock Highs? WW saw its stock trading at $6.40 in late June 2022, just before the Fed started increasing interest rates, and is now 10% above those levels, underperforming the broa...
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Stocks This Week: Following Up On Oracle And Meta Platforms On June 4th, Oracle and Meta Platforms were recommended. Lighten up on holdings.
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The Money-Saving Mortgage That Isn't Working Right Now

Wall Street Journal - 10 Jul 2023 11:30
Most borrowers don't stand to gain by favoring adjustable-rate mortgages over 30-year fixed loans.
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Public Provident Fund (PPF) vs Fixed Deposit (FD): Which is better when it comes to liquidity? Fixed deposits (FDs) and Public Provident Fund (PPF) are both good options for saving and investing, but there are key differences. PPF offers tax benefits and a safe, long-term investment, while FDs offer more flexibili...
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Higher pension from EPF deadline ends soon: Documents, calculation, other details you need to know Higher pension from EPF deadline ends soon: EPF deadline for higher pension ends tomorrow, July 11, 2023. EPFO has extended the deadline thrice and another extension may not be allowed
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