Economy & Markets
The important economic and stock market news that advisors need to know.
July 17, 2024
Nasdaq 100 Set for Worst Day Since December 2022The S&P 500 fell over 1%, while the Nasdaq 100 dropped 2.5%. A gauge of the "Magnificent Seven" megacaps slipped 3%.
July 17, 2024
Real Estate Investor Sentiment Surged in Q2: SurveyA majority of respondents view the market as better or much better than it was a year ago.
July 17, 2024
Bob Doll Checks in on His 10 Predictions for 2024Only three of the Crossmark CIO's calls for the year appear headed in the right direction.
July 17, 2024
Alts 'Should Be Core' in Most Portfolios: Merrill Investment ExecThe firm now offers alts to clients with at least $1 million in assets, Nancy Fahmy tells ThinkAdvisor.
July 17, 2024
12 Best Cities for First-Time Homebuyers: 2024WalletHub ranked 300 cities on affordability, quality of life and real estate market health.
July 16, 2024
S&P 500's $18 Trillion Rally Is 'Broadening Out'Wall Street extended a pattern of money rotating into small caps and out of the megacap "safety" since last week's soft inflation data.
July 16, 2024
Schwab's Stock Sinks After It Vows to Shrink BankThe latest move comes after fewer clients opened new brokerage accounts in the second quarter than analysts were expecting.
July 16, 2024
There's No Magic Retirement Number for Everyone: Wade PfauRules of thumb are helpful as far as they go, the retirement researcher suggests, but also can mislead.
July 15, 2024
What The Biggest Financial Frauds Can Teach UsSchemes can happen in plain sight though conduct that's largely legal.
July 15, 2024
How Asset Managers Seek to Grow in 2024 and BeyondA marked shift in priorities to a client-centric approach from cost control has occurred, Northern Trust found.