U.S. stocks drifted lower to start what could be a quiet stretch following several weeks of gains. The S&P 500 fell 0.2 percent Monday. The Dow Jones Industrial Average lost 199 points, while the Nasdaq composite fell 0.1 percent. Treasury yields fell after a report said U.S. services industries grew by less than economists expected…
What to Know About Money Funds
June 3, 2023
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Alternative InvestmentsBrightEstateinvestingmoney fundsmutual fundspersonal financeSilicon Valley BankWealth Management
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By Ella Vincent From Kiplinger’s Personal Finance The run on Silicon Valley Bank and the cascade of bank troubles in March spooked depositors, who withdrew billions of dollars from bank accounts. Much of their money ended up in money market mutual funds. Investments in money funds skyrocketed by about $67 billion during the first three…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 2)
June 2, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery rose $1.64 to $71.74 a barrel Friday. Brent crude for August delivery rose $1.85 to $76.13 a barrel. Wholesale gasoline for July delivery rose 6 cents $2.50 a gallon. July heating oil rose 5 cents to $2.36 a gallon. July natural gas rose 1 cent to $2.17 per…
How Major US Stock Indexes Fared June 2
Stocks rushed higher after a strong report on the U.S. job market eased Wall Street’s worries about a possible recession. The S&P 500 jumped 1.5 percent Friday, while the Dow soared 701 points. The rally brought the S&P 500 nearly 20 percent above a low hit in October. It’s on the edge of entering a…
How to Decide on and Enforce Your Rental Policies as a Landlord
By Dave Spooner Whenever you set up a new rental unit, you have a variety of decisions to make. From choosing a reasonable rent rate to screening new tenants to reside in the unit, you have your hands full. Deciding on your rental policies is one important step in setting up your rental. If you…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 1)
June 1, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery rose $2.01 to $70.10 a barrel Thursday. Brent crude for August delivery rose $1.68 to $74.28 a barrel. Wholesale gasoline for July delivery was unchanged at $2.44 a gallon. July heating oil rose 6 cents to $2.31 a gallon. July natural gas fell 11 cents to $2.16 per…
How Major US Stock Indexes Fared June 1
Wall Street closed higher on hopes that the Federal Reserve may soon take it easier on its hikes to interest rates, with the S&P 500 gaining 1 percent Thursday. Several reports painted a picture of a split U.S. economy. The job market remains remarkably solid, but manufacturing is weakening and shoppers of all kinds are…
Closing Prices for Crude Oil, Gold, and Other Commodities (May 31)
May 31, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery fell $1.37 to $68.09 a barrel Wednesday. Brent crude for July delivery fell 88 cents to $72.66 a barrel. Wholesale gasoline for June delivery fell 4 cents to $2.56 a gallon. June heating oil fell 2 cents to $2.26 a gallon. July natural gas fell 6 cents to…
How Major US Stock Indexes Fared May 31
Wall Street closed lower as worries rise about the strength of the global economy and inflation. The S&P 500 fell 0.6 percent Wednesday. The Nasdaq composite fell a similar amount, and the Dow Jones Industrial Average fell 0.4 percent. Markets in Asia fell even more following discouraging data on manufacturing in China. In the United…
Closing Prices for Crude Oil, Gold, and Other Commodities (May 30)
May 30, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery fell $3.21 to $69.46 a barrel Tuesday. Brent crude for July delivery fell $3.53 to $73.54 a barrel. Wholesale gasoline for June delivery fell 11 cents to $2.60 a gallon. June heating oil fell 9 cents to $2.28 a gallon. July natural gas fell 9 cents to $2.33…
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