Monday’s session ended with mixed moves. The Dow and S&P 500 closed in the red, while the Nasdaq eked out a fractional gain. Brands such as Apple and Chevron traded lower.
This week on “Money Talks,” Troy Harmon, CFA, CVA, is joined by firm Principal, Jennifer Thomas, CFP®, and Senior Associate, K.C. Smith, CFP®, to discuss the week’s economic news, including housing starts, mortgage applications and existing home sales. They also discuss the downward swing in the Healthcare sector and earnings from Coca-Cola, Equifax and The hosts also explore a case study of a couple merging two families, and the financial considerations when both spouses have children from a previous marriage. The experts also answer listener questions on Social Security benefit estimates, leaving a company and taking your 401(k), and stock questions on Costco Wholesale Corp., Baker Hughes, Inc., Occidental Petroleum Corp. and Chevron Corp.
Our experts focus on a case study about the financial complexities that come with a second marriage, especially when children from a previous marriage are involved.
U.S. stocks edged higher on Monday despite a drop in crude oil that weighed heavily on Energy stocks. Technology stocks led the rally to ultimately push the start of the week into positive territory. Healthcare stocks and a series of lackluster earnings dragged down the markets on Tuesday, with the pressure from the Healthcare sector continuing on Wednesday because of criticism of drug prices. Technology stocks pushed the markets higher on Thursday with better-than-expected earnings. Existing-home sales rose in September, with total sales up 4.7% from August and 8.8% from September 2014. Impressive earnings from big-name Technology stocks pushed the S&P 500 back into positive territory for the year.
Our experts answer listeners’ questions on three stocks in the Energy sector: Oil equipment and technology supplier Baker Hughes, Inc.; oil and gas exploration company Occidental Petroleum Corp., and explorer and refiner Chevron Corp.
The hosts answer listeners’ questions on withdrawing all funds from a 401(k) account, how to obtain an estimate of your Social Security benefits and big-box discount store Costco Wholesale Corp.
Impressive earnings from the likes of Alphabet, Amazon and Microsoft motivated Nasdaq momentum on Friday, while the S&P 500 moved back into positive territory for the year. Technology brands such as Apple, Facebook, Intel and Yahoo! posted gains.
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how life insurance can play an important role after a divorce. Read the Article
If your business venture has few active investors, you may consider using the Limited Liability company structure. We explain in this week’s Business Tip.
Indices traded well into the green zone on Thursday. Technology stocks such as eBay and Texas Instruments jumped up following the release of better-than-expected earnings details.