Retailer brands such as Lowe’s, Best Buy, Sears and Williams-Sonoma posted gains on Thursday. Stocks moved up amid the release of favorable manufacturing and housing data.
Brands such as Pfizer and Tiffany posted gains on Wednesday amid the release of minutes from the FOMC’s April 29-30 meeting. Comments revealed no plans to raise interest rates any time soon. Policy makers continued to see risks to the outlook for the economy and the labor market as roughly balanced.
Even with a military pension, it is important to save for retirement on your own. We explain in this Financial Tip.