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What's the Average 401(k) Balance by Generation?
Key PointsRetirement savings balances grow as people age but level out after about 55.Baby boomers currently have the most money socked away for retirement.The $23,760 Social Security bonus most retirees completely overlook › Are you saving as much for retirement as your peers?It's hard to know exac...The Motley Fool
Fri, Dec 12
CANADA STOCKS-TSX pares weekly gain as technology shares slide
TSX ends down 0.4% at 31,527.39For the week, the index adds 0.7%Technology loses 3.4%, with Celestica down 12.9%Curaleaf shares jump 37.8%By Twesha Dikshit and Fergal Smith Dec 12 (Reuters) - Canada's benchmark stock index gave back some of its weekly gain on Friday as a drop in technology sh...Reuters
Fri, Dec 12
LIVE MARKETS-Stocks end week on a sour note
S&P 500, Nasdaq, Dow all red; Nasdaq down 1.7%Tech biggest loser among S&P sectors; Cons staples leads gainersGold, dollar up; crude down; bitcoin off ~2.9%US 10-year Treasury yields rise to 4.19%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You c...Reuters
Fri, Dec 12
US STOCKS-Wall Street slides; fears of AI bubble and inflation send investors away
Indexes lose ground Nasdaq, S&P 500 underperformBroadcom falls as margin pressures add to AI payoff jittersLululemon climbs after CEO exit, profit forecast boostInvestors look ahead to jobs and inflation dataBy Sinéad Carew and Johann M Cherian Dec 12 (Reuters) - Wall Street's major index...Reuters
Fri, Dec 12
GLOBAL MARKETS-Stocks drop as AI exuberance worries linger; US yields jump
Wall Street stocks down sharply with tech sharesInvestors brace for BoE, ECB, BOJ rate decisions next weekGerman bond yields rise, US yields up as wellBy Caroline Valetkevitch NEW YORK, Dec 12 (Reuters) - Major stock indexes were down sharply on Friday, with technology-related shares falling agai...Reuters
Fri, Dec 12
Miami International rises after investors sell stake in secondary offering
Exchange operator Miami International's MIAX.N shares rise 2.5% to $42.82MIAX late Thursday announced pricing of secondary offering of 6.75 million shares by certain selling shareholders at $41 apieceOffering priced at 1.9% discount to stock's last closeMIAX stock slipped 6.9% on Wednesday a...Reuters
Fri, Dec 12
EMERGING MARKETS-LatAm stocks eye strong weekly finish; Chile runoff in focus
Stocks up 0.2%, currencies flatChile set for presidential runoff on SundayMexican stocks lead gainsBy Niket Nishant Dec 12 (Reuters) - Latin American stocks rose on Friday, eyeing a positive finish to a week dominated by monetary policy decisions, including a U.S. Federal Reserve interest rate c...Reuters
Fri, Dec 12
US STOCKS-Wall Street slides; fears of AI bubble and inflation send investors away
Indexes off: Dow 0.51%, S&P 500 1.11%, Nasdaq 1.63%S&P 500, Nasdaq at more than two-week lowsBroadcom falls as margin pressures add to AI payoff jittersLululemon climbs after CEO exit, profit forecast boostBy Sinéad Carew and Johann M Cherian Dec 12 (Reuters) - Wall Street's major ind...Reuters
Fri, Dec 12
ANALYSIS-Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists
Oracle's AI spending raises valuation and debt concernsInvestors become selective in AI stock investmentsShort sellers show little appetite to ramp up bearish bets against AI stocksInvestors encouraged by broad market strength amid AI trade weaknessBy Saqib Iqbal Ahmed and Lewis Krauskopf NEW...Reuters
Fri, Dec 12
PRECIOUS-Silver falls from record peak as investors book profits
Silver hits record high at $64.64/oz Platinum climbs to 14-year peakNon-farm payrolls data due on December 16By Sarah Qureshi Dec 12 (Reuters) - Silver prices fell nearly 3% on Friday after hitting an all-time high earlier in the session, as profit-taking set in, while gold rose to a seven-week p...Reuters
Fri, Dec 12
Street View: Dollarama's raised outlook boosts investor confidence
Dollarama DOL.TO raised its annual sales forecast on Thursday, helped by demand for affordable goods among price-sensitive shoppersAt least 9 brokerages raised PT, median PT of 16 brokerages is $218 — data compiled by LSEG RESILIENT DEMAND FOR CONSUMABLES AND SEASONAL GOODS Scotiabank ("sect...Reuters
Fri, Dec 12
TD Cowen initiates coverage on Tyler Technologies with 'buy' on SaaS growth
IT solutions firm Tyler Technologies' TYL.N shares up ~1% at $458.10TD Cowen initiates coverage with "buy" ratingBrokerage sets PT at $650, implying an upside of 43.3% to stock's last closeTD Cowen sees durable ~20% software-as-a-service growth in public sector, led by cloud migrati...Reuters
Fri, Dec 12
U.S. STOCKS ON THE MOVE-GE Aerospace
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks fell on Friday, sending the S&P 500 and the Nasdaq to more than two-week lows, as Treasury yields rose following hawkish remarks from several policymakers, while Broadcom'...Reuters
Fri, Dec 12
Oracle denies report on OpenAI data center delays
Oracle denies delaying OpenAI data centers to 2028 due to shortagesInvestors worried about Oracle's debt-fueled AI infrastructure buildoutMarket sensitive to AI delays, scrutinizing spending payoffs Dec 12 (Reuters) - Oracle ORCL.N denied on Friday a media report that it was delaying OpenAI-r...Reuters
Fri, Dec 12
LIVE MARKETS-Top earners spending more while lower incomes more selective
S&P 500, Nasdaq, Dow all red; Nasdaq down mostTech biggest loser among S&P sectors; Cons staples leads gainersGold up; dollar turns lower; crude down; bitcoin off ~2.5%US 10-year Treasury yields rise to 4.19%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Fri, Dec 12
M&T Bank dips as Truist downgrades to 'hold'
Shares of lender M&T Bank MTB.N fall 0.87% to $203.96 in afternoon session after Truist downgrades stock rating to "hold" from "buy" Truist says MTB's excess‑capital advantage is no longer unique as more regional banks strengthen their balance sheetsInvestor concern persists ...Reuters
Fri, Dec 12
GLOBAL MARKETS-Stocks fall as tech fears stay; dollar up, but on track for third weekly drop
Wall Street stocks down sharply with tech sharesInvestors brace for BoE, ECB, BOJ next weekGerman bond yields rise, US yields up as wellBy Caroline Valetkevitch NEW YORK, Dec 12 (Reuters) - Major stock indexes were down sharply on Friday, with technology-related shares falling again as investors ...Reuters
Fri, Dec 12
Data center REIT Fermi drops 34% after potential customer backs out of funding deal
By Niket Nishant Dec 12 (Reuters) - Shares of Fermi FRMI.O plunged 34% on Friday after the data center real estate investment company said a prospective tenant had terminated a deal to help fund construction at its Texas site, dealing a setback to the newly listed firm. Under the terms of the ag...Reuters
Fri, Dec 12
Coty chair, CEO may exit as owner JAB plans leadership shake-up, FT reports
By Juveria Tabassum and Neil J Kanatt Dec 12 (Reuters) - Coty's COTY.N controlling shareholder, JAB Holding, is planning a leadership overhaul at the beauty company that could result in the exit of its board chair and CEO, Sue Nabi, the Financial Times reported on Friday, citing people famili...Reuters
Fri, Dec 12
FTSE 100 closes lower as Wall St mood sours
FTSE 100 down 0.6%; FTMC up 0.1%Weak British GDP data fuels rate-cut bets Dec 12 (Reuters) - London's FTSE 100 fell on Friday, as a sell-off on Wall Street fuelled by AI angst spoiled the mood across European markets. The blue-chip FTSE 100 .FTSE dipped 0.6%, retreating from gains of as much ...Reuters
Fri, Dec 12
