Indices ended in the red zone on the last trading session of 2011. IBM, Intel and Boeing led Dow decliners. Concern over an increasing Spanish budget deficit pressured stocks after the European country announced its deficit would be more than forecast in 2011.
Stocks closed at session peak levels Thursday. Brands such as Bank of America, JPMorgan Chase, Hewlett-Packard and Caterpillar prospered in the wake of better-than-expected housing and manufacturing data.
If the cost of long-term care insurance is discouraging, a long-term care annuity might be a viable option. Read more in this week’s Insurance Tip.
Wednesday’s session ended in the red zone. Brands such as JPMorgan Chase, Bank of America, Caterpillar and Cisco traded lower on renewed euro zone concerns.
After 2012, the floor on deductible medical expenses increases for most taxpayers to 10% of AGI. Learn more in this week’s Tax Tip.
Indices closed out mixed on Tuesday. The Dow ended fractionally in the red zone. The S&P 500 and Nasdaq posted marginal gains. When all was said and done, trading was fairly flat in light volume.
Resolving to improve your financial picture in 2012? Look back at what happened in 2011 can help you make some positive changes. Find out more in this week’s Financial Tip.
Indices ended well into green territory on Friday. Cisco, Walt Disney, and Bank of America stood out among advancers on the Dow. Brands moved up amid mixed economic data.
Indices closed in positive territory Thursday. Bank of America, JPMorgan Chase, and General Electric led the Dow’s ascent. Stocks stepped up amid favorable economic news.
The following is a compilation of a number of tax breaks available to self-employed individuals and/or small business owners. Some can be implemented before year’s end, providing benefits for your 2011 return, while others will provide planning opportunities for 2012.