Weekend Linkage – May 3, 2009
Sun
Market Recap
U.S. stock market stretched its gain into third month after consumer confidence improved unexpectedly last month and the Fed said that the worst of the recession may be behind us. Stocks were also boosted by quarterly earnings news as two-third companies in the S&P 500 have reported strong numbers so far. For the week, the Dow rose 1.69% to 8,212.41, the Nasdaq added 1.47% to 1,719.20, and the S&P 500 climbed 1.30% to 877.52, the highest level since early January. Crude oil surged 3.20% to close the week at $53.20 a barrel. As stocks kept moving higher, precious metals lost the appeal to investors. Gold dropped 2.81% to $886.95 an ounce and silver tumbled 3.03% to $12.50/ounce.
Weekend Readings
- COBRA Premium Reduction
- Cheap Housing Option: Buy A Mobile Home!
- 18 Secrets To A Successful Yard Sale
- 8 Small Changes You Can Make to Save an Extra $100 This Month
- Financial Freedom in Five Years
- 7 Ways Saving Money is like Losing Weight
- Job Layoff Financial Tips – Preparing for a Pink Slip
- Making Home Affordable Second Lien Program
- How to Haggle
- What Percentage of Income Should Be Saved to Be Financially Responsible?
- Saving Money on Health Insurance, Doctors Visits, and Prescription Medicine
- Is Budgeting Keeping You Poor?
Best High-Yield Savings Accounts
| SmartyPig Savings Account | 2.15% APY; $250 initial deposit; No fee; FDIC insurance. |
|---|---|
| SallieMae Savings Account | 1.40% APY; No minimum; No fee; FDIC insurance. |
| Ally Bank Savings Account | 1.29% APY; No minimum; No fee; FDIC insurance. |
| EverBank Money Market Account | 2.25% 3-month bonus rate, 1.51% APY for the first year; $1,500 initial deposit; FDIC insurance |
| FNBO Direct Savings Account | 1.10% APY; No minimum; No fee; FDIC insurance. |
Thanks for the link, and let’s up the market can keep up the positive trend!