Tag: Stocks

Dow rises slightly as Fed pledges to keep rates low, tech stocks weigh on broader S&P 500

The Dow Jones Industrial Average eked out a small gain on Wednesday after the Federal Reserve indicated it will keep interest rates lower over the next few years. However, the broader market S&P 500 struggled as shares of major tech companies declined. 

The 30-stock Dow closed 36.78 points higher, or 0.1%, at 28,032.38. The S&P 500, meanwhile, slid 0.5% to 3,385.49. The tech-heavy Nasdaq Composite dropped 1.3% to 11,050.47. Both the Dow and S&P 500 hit their session highs after the Fed’s announcement was released, but they quickly gave back those gains. 

Apple dropped nearly 3%. Facebook ended

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Stock Trading 101: Everything You Need to Know About Buying and Selling Stocks | Investing 101

Buying stocks is an investment that represents part ownership in a corporation, entitling the stockholder to part of that company’s earnings and assets.

While investing in individual stocks isn’t for everyone, determining your strategy ahead of time can make it less vexing, says Michael Antonelli, managing director and equity sales trader at Baird, a Milwaukee-based investment bank.

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“It’s important to know the risks before tackling a task that can be both exciting and frustrating at the same time,” he says. “Not only are you up against other humans, but you are also up against algorithms and computers that

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Premarket stocks: US debt is expected to pass 100% of GDP. Investors don’t seem to mind

What’s happening: The Congressional Budget Office projected Wednesday that the federal debt could be bigger than the US gross domestic product for the fiscal year starting in October. It hasn’t passed that threshold since 1946.

The CBO also projected that the federal budget deficit will hit $3.3 trillion this year, more than triple the shortfall recorded in 2019. That would be the largest deficit as a percentage of GDP since 1945.

The backstory: The increase is mostly caused by the economic fallout from the pandemic, which is shrinking GDP as Congress spends trillions of dollars to help keep the economy … Read more

How To Buy Stocks Online Without A Broker [21 Tips] | Liberated Stock Trader

Buying stocks without a broker has never been easier thanks to the internet and apps.

To explain, algorithms handle almost all the sales of stocks in today’s markets. Hence, you will need no specialized knowledge or skills to trade stocks. Instead, all you need to do is push a button to trade stock.

6 Ways to Buy Stocks Online Without a Broker

  1. Use a Transfer Agent like Computershare – high commissions
  2. Use a Direct Purchase Plan Through Your Employer – You need to be employed at the company
  3. Use a Dividend Reinvestment Plan – Good for dividend investors
  4. Use your
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