Stocks mixed as US dollar hits 6-month low against euro

Tue, May 16, 2017, 11:36 AM

Stocks (^DJI, ^GSPC, ^IXIC) are treading water at the midday mark, with the consumer staples (XLP) sector the most in the green and health care (XLV) the most in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Seana Smith and Bobbi Rebell, financial journalist and author of How to be a Financial Grownup. Plus, Yahoo Finance tech critic David Pogue joins us for the latest in tech.

Today’s Midday Movers discussion topics:

Home starts disappoint, while Home Depot earnings soar
Ford to reportedly cut one tenth of its workforce
US dollar at 6-month low versus euro
Vehicle 2 Vehicle Communications to prevent 80% of crashes: NHTSA
Apple’s next watch may monitor glucose: report
Rich retirees are hoarding cash out of fear: study
Walmart and the US allege that canned tuna prices are fixed

Homes are overvalued in much of the U.S. — with these 5 states leading the list
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.
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My father ‘deliberately and hurtfully’ cut my late sister’s two kids out of his will. How can I ensure they get their fair share?
“How can I best do this in such a way that nobody is penalized from gift taxes and other costs?”
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'Should I Buy All My Kids A House?' Widow Uncertain After Husband's Death, Asks Dave Ramsey About Purchasing Homes For Her 3 Adult Children
During a discussion on the Dave Ramsey Show, titled "Should I Buy All My Kids A House?" a widow from Denver, Colorado, named Kay, shared her intentions to buy homes for her three adult children following her husband’s passing from cancer. This act of generosity, spurred by a substantial financial legacy, prompted a mix of emotional and practical financial considerations, which Ramsey addressed with his usual caution and insight. Don't Miss: 82% of Americans aren’t using this government secured 5
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'Which Bucket Do I Draw From First?' Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
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Warren Buffett "Guaranteed" He'd Get 50% Annual Returns With Only $1 Million As Berkshire's Cash Hoard Soars To Over $189 Billion
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
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Dow Jones Rises After Hot Inflation Data, Powell Next; GameStop Rockets 112%
The Dow Jones rose Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GME stock rocketed 112%.
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Is There Actually an RMD Cut-Off Age?
Required minimum distributions (RMDs) are the minimum amount that you must withdraw from certain tax-advantaged retirement accounts. They begin at age 72 or 73, depending on your circumstances and continue indefinitely. There is, unfortunately, no age when RMDs stop. You … Continue reading → The post At What Age Do RMDs Stop? appeared first on SmartAsset Blog.
SmartAsset
A Way To Go Bullish On Nvidia Earnings With Limited Risk
Nvidia is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Now that we know the expected range, let's find a bull put spread that has the short strike roughly 10.3% below the stock price.
Investor's Business Daily
Southern States Sink As Seriously Underwater Home Mortgages Rise
According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with mortgages was considered seriously underwater during the first quarter, according to real estate data provider ATTOM's 2024 U.S. Home Equity & Underwater Report. That's up from one in 38 homes during the fourth quarter of last year. A mortgage is considered seriously underwater when the estimated l
Benzinga
Boeing Delivers Fewer Jets. Why the Stock Is Rising Anyway.
Boeing delivered fewer jets in April than Wall Street hoped for. Boeing said Tuesday it shipped 24 jets in April, including 16 737 MAX jets. A year ago in April 2023, Boeing delivered 26 jets, including 17 MAX jets.
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Stocks mixed as US dollar hits 6-month low against euro

Today’s Midday Movers discussion topics:

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