Our PureVest Weekly Roundup reviewed the significant announcements from the past week, which included several market-moving headlines. Markets are on a 5-day winning streak, while Treasury yields have declined. The Federal Reserve opted to keep interest rates unchanged and has upgraded its outlook on economic growth. The U.S. economy added 150,000 jobs in October. Apple reported a robust earnings report, although its revenue growth declined for four consecutive quarters. Don’t forget to check out the article from the IRS, which just announced increases in 401K and IRA contribution limits for 2024. Understanding dividends and yields can be helpful; we have two articles in our Education section that cover what you need to know. Enjoy the light reading and have a great weekend!
Markets & Economy:
Fed holds rates steady, upgrades assessment of economic growth
source:www.cnbc.com
U.S. adds 150k jobs in October
source:www.axios.com
Apple stock falls after cautious outlook overshadows record iPhone quarter
source:www.yahoo.com
DraftKings stock pops, raises full-year revenue outlook
source:www.yahoo.com
IRS raises 401(k), IRA contribution limits for 2024
source:www.foxbusiness.com
Treasury yields tumble after October payrolls report misses expectations
source:www.cnbc.com
Education:
What Is a Dividend?
source:www.investopedia.com
source:www.investopedia.com