Good morning mooers! Here are things you need to know about today's market:
● The S&P 500 and Nasdaq Both Hit Record Closes on Friday After an Expected Rise in Unemployment Data.
● Investors Raise Bets on US Rate Cut After Payrolls Data.
● FBM KLCI Poised for Upward Trend.
● Stocks to Watch: Itmax, Tanco, E&O, Inta Fina, BFood, etc.
- Moomoo News MY
Wall Street Summary
The market climbed on...

The South Korean stock market recently experienced a significant downturn due to political turmoil and economic challenges. Key events that contributed to the market’s decline include:
1. Political Unrest: President Yoon Suk Yeol unexpectedly declared martial law on December 3, 2024, citing threats from alleged pro-North Korea factions. This action caused immediate market disruption, with the KOSPI index falling 1.9% and the South Korean won plummeting t...

Recently, Trump announced on the social media platform Truth Social that on his first day in office, January 20 2025, he will sign an executive order imposing an additional 10% tariff on imported goods from China, while imposing a 25% tariff on all imports from Mexico and Canada. This move could signify the official launch of Tariff Policy 2.0.
During his presidential campaign, he promised that if re-elected, he would impose tariffs of up ...

Investing in dividend stocks emphasizes the three words "slow, steady, and patient". These three words may seem simple but few people can actually achieve them, because compared to the thrill of timing the market, this investing approach is truly too boring.
Looking back at the performance of dividend stocks at the end of 2022 (article dated 3 Jan 2023), the average return of the 30 dividend-paying stocks was 7.19%, with a ratio of 20:10 in terms of gains and losses. During the same year, the USA's S&P500 fell by 19.44%, and the Malaysian FBMSCAP fell by 5.30%. Many readers commented that it was just luck, as the dividend stocks happened to perform well at the end of the year.
Looking at the performance of dividend stocks at the end of 2023 (article dated 31 Dec 2023), the average return of the 30 dividend-paying stocks was 13.82%, with a ratio of 23:7 in terms of gains and losses. During the same year, the USA's S&P500 rose by 24.23%, and the Malaysian FBMSCAP rose by 9.57%. Still, many readers commented that it was just luck.
As of October 13, 2024, the average return of the 30 dividend-paying stocks since the beginning of the year is 24.20%, with a ratio of 28:2 in terms of gains and losses. Among these:
18 of them have experienced an increase of 20% or more.
The increase of 6 companies has reached 10% or above.
Only 2 companies have a decrease of more than 5%.
The performance of dividend stocks in 2024 can only be described as unexpectedly good, mainly because these high-dividend, solid companies have become a safe haven for funds in a sluggish market.
The market's downturn in the second half of 2024 mainly occurred...