Motley Fool analyst Jason Moser talks about why the Microsoft-Activision Blizzard news signals a direct shot at Meta Platforms (NASDAQ: FB) and why Microsoft (NASDAQ: MSFT) shareholders should be optimistic about the company's gaming aspirations. Plus, Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp discuss actionable ways to stay on track with your financial goals for 2022, including a rare triple-tax advantage to help prepare for future healthcare costs. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Read More...
Reuters
Wall Street rallies, capping frenetic week with best day of the year
Wall Street surged on Friday, notching its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve. The S&P 500 and the Dow posted gains from last Friday’s close, but the Nasdaq was essentially flat on the week, capping five days of topsy-turvy trading. “Investors are trying to adjust to the impact of this higher rate cycle,” said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.
