June 27, 2024

Markets Now Thursday, June 27, 2024

The housing market is ‘stuck’ until at least 2026, Bank of America warns

Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices.
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Source: CNN Business

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Earnings Optimism Lifts Stocks as Markets Look Past Geopolitics

U.S. equities ended the week on a positive note as investors looked ahead to second-quarter earnings season, with optimism around corporate results outweighing renewed geopolitical headlines.

Chip Surge Lifts Stocks as Oil Pullback Eases Geopolitical Fears

Equities rebounded as a strong rally in semiconductor stocks helped offset lingering geopolitical tensions, with investors largely shrugging off U.S.-Iran hostilities amid a pullback in oil prices.

Is Your 401(k) Plan Document Aligned With How You Operate the Plan?

For a business owner sponsoring a 401(k) plan, the written plan document is the foundation of everything: it describes who can participate, how contributions work, when money can be taken out, and more. To keep the plan tax‑qualified, it must be both written correctly and operated in accordance with its written document.

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Markets Now Thursday, June 27, 2024

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