Our PureVest Weekly Roundup looked at the S&P 500’s record close above 5000 and what a new closing high typically means moving forward. Bob Iger’s Disney turnaround plans gained momentum this week as they beat on earnings and had other positive announcements. Ford reported solid earnings, raised guidance, and slowed down EV investments. Did you work from home this year? If so, you may or may not be eligible for the IRS home office deduction for 2023. We also looked at the Super Bowl’s financial impact this weekend, a preview of the big game, and some fun facts. Enjoy the light reading, and have a great weekend.
** Be on the lookout for your 2023 1099s, which should be available very soon. All taxable accounts will have a 1099 for 2023. Retirement accounts will have a 1099-R if you took a distribution in 2023.
Markets & Economy:
S&P 500 tops 5,000 again
source:www.cnbc.com
S&P 500 closes at a new record high. Here’s what history says could happen next
source:www.yahoofinance.com
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
source:www.cnbc.com
Disney beats on earnings, boosts dividend as streaming losses narrow
source:www.yahoofinance.com
Stock Market Hits Highs As AI Plays Arm, Palantir Skyrocket: Weekly Review
source:www.investors.com
Ford tops fourth-quarter estimates, guides toward strong 2024
source:www.cnbc.com
Here’s who qualifies for the home office deduction on this year’s taxes
source:www.cnbc.com
Super Bowl LVIII:
Super Bowl guide: 49ers-Chiefs picks, key stats, predictions
source:www.espn.com
17 Super Bowl financial facts to amaze friends and bar mates
source:www.moneywise.com
Super Bowl: A Money Machine, But for Whom?
source:www.cnr.ncsu.edu