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It's been a rough month for stocks. Take these steps to safeguard your portfolio

It's been a rough month for stocks. Take these steps to safeguard your portfolio

Finance
Many investors are breathing a sigh of relief following Monday's market rout and subsequent rally. That doesn't mean you should get too comfortable just yet. Even as the Dow Jones Industrial Average has gained about 650 points in the past two days, it is still down 5.1 percent for October. That makes it the worst month since January 2016. The S&P 500 has dropped 6.9 percent this month, the worst since September 2011. Financial experts emphasize that does not mean you should panic. But you should double check your strategy. ...
Think petrol is the only thing hurting? 3 reasons why June will be rough for you

Think petrol is the only thing hurting? 3 reasons why June will be rough for you

Finance
Come June, and consumers are going to be hit by a volley of price hikes. Steep hike in fuel prices does not burn a hole in the pockets of only those who buy fuel. Every consumer is impacted by a hike in fuel price because fuel is what the economy runs on. Steep fuel prices and many other factors such as the closure of Sterlite Copper plant in Tuticorin will disappoint consumers from next month as prices of many consumer goods are going to rise. White goods Price of air-conditioners, refrigerators, washing machines and microwave ovens are set to get dearer by 2-5% from next month due to increase in crude oil prices, depreciation of the rupee and rates of key raw material steel and copper hardening up, according to industry executives. The net increase will be in the range of Rs 400 to over...
How rough of a week did Wall Street have? The Dow saw 22,000 points worth of whipsaw trading

How rough of a week did Wall Street have? The Dow saw 22,000 points worth of whipsaw trading

Finance
With another volatile plunge Friday, the Dow Jones industrial average has traveled more than 22,000 points this week. The stock index closed more than 1 percent higher, bringing its weekly losses to the worst since January 2016. Earlier in the session, the Dow was tracking for its worst week since October 2008, during the financial crisis. CNBC tracked the volatile moves of the Dow this week to calculate the number of points the index has moved. In the past five trading days, including Friday, the Dow has traded about 20,000 points back and forth in a roughly 2,000-point trading range. Stocks have plunged in the last week as traders worried about rising interest rates and inflation, bringing an end to more than a year of historically low volatility. On Monday, the S&P 500 broke its lon...