Here’s what you should know to start the day:
Milestones for Market Indexes
The Nasdaq Composite and S&P 500 both hit an all-time high yesterday, with the indexes reaching 5,600.96 and 2,280.07, respectively. The Dow Futures market is also up over 100 points this morning, meaning the likelihood of the Dow passing the 20,000 milestone is pretty great. If you own an ETF following one of these indexes, you probably had a really good day.
Earnings, Earnings Everywhere
Boeing, the airplane manufacturer, released their fourth quarter earnings this morning, beating analysts’ predictions on their profit. The company expects to deliver more planes in 2017 than last year, and their stock is up by 1.53% before trading hours to reflect this forecast. AT&T, Qualcomm (currently involved in a lawsuit with Apple), and eBay (recently split off from PayPal) all report their earnings after the market closes today.
Tax Season Is Here
Tax season is officially here, and if you haven’t gotten all your necessary forms in the mail, you will soon. If you want to know how to do your taxes, save on taxes, and anything else pertaining to paying Uncle Sam, be sure to follow Money Badger on Facebook. Our Taxes 2017 series just began, starting with a focus on how to avoid paying capital gains taxes.