Weekly Roundup 7/5/24

Our PureVest Weekly Roundup looked at the latest jobs report from June, which indicated that the U.S. economy had added 206,000 jobs.  The economy exceeded expectations for jobs created, but unemployment rose to a near 3-year high.  Tesla soared this week on second-quarter deliveries, while Ford’s sales rose on the heels of truck sales.  After a quiet start to 2024, Apple joined the party this past month.  The stock hit an all-time high this week.  We added three personal finance articles that hopefully get you thinking a little about your long-term financial planning. Enjoy the light reading, and have a great weekend.
Markets & Economy:

U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
source:www.investopedia.com
Over $170 billion wiped off cryptocurrencies as market tanks
source:www.cnbc.com
Tesla’s shares soared by 10% on Tuesday amid better-than-expected car deliveries in the second quarter
source:www.euronews.com
Ford sales edge 1% higher in the second quarter, led by trucks
source:www.nbclosangeles.com
Apple Hits 52-Week High: Can AI Focus Drive AAPL Stock Higher?
source:www.yahoofinance.com
Is holding too much cash a mistake? Here’s why that may lead to regrets, experts say
source:www.cnbc.com
Individual retirement account balances are growing — why that can be a ‘tax nightmare,’ advisor says
source:www.cnbc.com
Social Security cost-of-living adjustment may be lower in 2025. These charts help show why
source:www.cnbc.com

Happy Birthday, America
We hope you enjoy the long holiday weekend with your families!
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