The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week.
Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla TSLA,
William Watts explains why it’s too early to call the tech-stock decline a correction.
Related Tesla and tech stories:
• Tesla’s stock story is one of newbs and rubes — but not quite the way you think it is
• Tesla’s stock sinks again to kick off a correction after disclosure of another large seller
• After Apple and Tesla stock splits, read this before jumping in
What the eviction moratoriums really mean
The U.S. Centers for Disease Control has ordered a moratorium on evictions through the end of the year to keep people from being displaced during the COVID-19 crisis. Treasury Secretary Steven Mnuchin expects the moratorium to protect about 40 million renters. But if you rent your home, you need to understand important details of the order to make sure you are eligible, as Jacob Passy explains.
The desire to retire — when expenses are high
Alessandra Malito helps a man 15 years older than his wife who wishes to stop working. They are both high earners, but they have a problem with expenses.
Worried about voting by mail?
Debt and inheritance
Quentin Fottrell — MarketWatch’s Moneyist — helps a woman who is concerned about how much of her husband’s debts she might be liable for if he dies. These affairs may not be so simple, depending on which state you live in.
Don’t Social Security benefits keep increasing over time?
What to do when your online trading service is down
Several online brokerage services, including Robinhood, Charles Schwab SCHW,
Estate tax planning
Inheritance planning isn’t only for the wealthy. The tax implications for your inheritors can be difficult for them. Bill Bischoff — MarketWatch’s Tax Guy — shares four ways to ease the burden on those you love.
Vanguard revises a tax estimate ‘downward by a factor of 15’
Vanguard founder John Bogle supported a small tax on financial transactions, but Vanguard itself argued against it in January. But now the mutual fund giant has revised its estimates of how much investors and traders would actually pay, by quite a bit. Michael Edesess explains the math and why Vanguard is still against a transaction tax.
Bored with the stock market? Here’s an easy alternative
If you would like to invest in something real, away from the stock and real-estate markets, Lina Saigol may have something for you. She describes a new and easy platform that lets you invest in rare collectibles for as little as $ 5.
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