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Tech investor Paul Meeks joins Apple and Samsung

Investors appear to have lost appetite for tech stocks in the flight to safety this year. Wall Street selling on Tuesday showed the market capitalization of six of the biggest U.S. tech companies fell by more than $500 billion after August’s better-than-expected inflation report sent stocks plunging. Top tech investor Paul Meeks advises investors to … Read more

How ‘Super Saver’ Financial Habits Help Build Wealth

Andres | Andres E+ | Getty Images For retirement “super savers,” good financial habits seem to go well beyond fertilizing the nest egg, new research shows. Most of these workers — whose 401(k) contributions are at least 15% of their salary, or more than 90% of the maximum allowed — pay their bills on time … Read more

Morgan Stanley’s Slimmon to pick and buy stocks in S&P 500 by year-end

U.S. markets suffered their worst meltdown since June 2020 on Tuesday. But the S&P 500 could rise by the end of the year, according to Morgan Stanley Investment Management’s Andrew Slimmon. US inflation data released on Tuesday showed that consumer prices rose more than expected in August despite a plunge in gasoline prices. Markets crashed … Read more

Wall Street records 4th straight day of gains ahead of CPI report

Wall Street extended its winning streak on Monday and rebounded to sharply higher closes as investors await crucial inflation data that could provide clues about the duration and severity of the Fed’s tightening policy. . Energy and technology stocks helped three major U.S. stock indices reach two-week highs and record four straight gains. The Labor … Read more