Monday,
February 26, 2024
Market recap
Dow Jones
39,131.53
+62.42 (+0.16%)
S&P 500
5,088.80
+1.77 (+0.03%)
Nasdaq
15,996.82
-44.80 (-0.28%)
Top Story
Is your employer offering childcare benefits yet?
Dealing with childcare is a major stressor for parents, both financially and in terms of mental load. Companies are increasingly realizing this, adding benefits that address this common struggle among their employees.
The Dow Jones Industrial Average and the S&P 500 to record closes for the second-straight day
• Last weekâs bombastic NVIDIA earnings continued to help the market higher on Friday even though the tech-heavy Nasdaq Composite saw momentum fizzle out.
• Elsewhere, oil prices fell 2.7% on growing demand concerns.
What to be on the lookout for today
• New home sales and building permits for January, and the Dallas Fed manufacturing index for February.
• In earnings, Dominoâs Pizza, Li Auto, Workday, and Zoom will report.
Alternative investments: investing in real estate
Are you looking to expand your investment portfolio beyond stocks? You have options.
Alternative investments describe whatâs outside the conventional investing categories like stocks and bonds. Weâll discuss a few of them this week: real estate, commodities and private funds.
Always be sure to evaluate the potential risks and match them with your risk tolerance before investing.
How to invest in real estate
Real estate is generally less correlated with the stock market, which is why it can be a way to diversify a portfolio.
There are different ways to invest in real estate beyond just buying a home.
Become a landlord: You can buy a property and rent it out. This can bring in a steady cash flow via rent payments, and has the potential for capital appreciation. But it also requires a lot of cash up-front.
REITS: Investing in real estate investment trusts (REITS) gives you exposure to companies that own or operate properties that generate income, such as office buildings or apartments. By purchasing shares of REITS, you can invest in different areas of the real estate market.
REITS can be public or private, so be sure to do your research and understand your investment. You can read more about the pros and cons of investing in REITS here.
Todayâs top stories
Whatâs the deal with housing related stocks? If youâre a prospective buyer, the housing market might give you a headache. But as an investor, you might feel differently. We look at why housing related stocks have held up so well, and whatâs ahead for Wall Street this week. Read more >> Is this the end of âtipflationâ? The restaurant industry is considering drastic measures to combat labor shortages and high turnover, including eliminating tipping. But not so fast if you think this means dining will get cheaper. Read more >> Do you know whatâs in your checking account? Keeping tabs on your money is good practice, but how often should you monitor your checking account? Read more >>Other news that caught our eye
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Stanley-parent Pacific Market International is facing multiple lawsuits over the alleged use of lead in the cups.
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The U.S. announced new sanctions against Russia, targeting more than 500 individuals and entities following the death of imprisoned activist Alexei Navalny and the second anniversary of the Ukraine war.
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A cyberattack on a unit of UnitedHealth is preventing pharmacies across the U.S. from processing patient prescriptions.
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Vice Media will lay off several hundred employees and cease publishing to its website.
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Yale will once again require standardized test scores for all applicants, reversing its pandemic-era test-optional policy.
Financial planner tip of the day
"With investing there is a relationship between risk and return. Investments with higher expected returns come with substantial volatility along the way. It is important to consider your ability to ride through the volatile times and not just focus on potential returns."
Brian Walsh, CFPÂź at SoFi