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Bloomberg's Sarah Foster joins Scarlet Fu on "Bloomberg Money." In 2022 Congress tweaked the rules covering 529 plans. Now, people without kids are now able to pour money into those accounts after hitting the annual limits for contributing to their retirement plans — treating the 529 as a backdoor for funding a Roth IRA. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
In trading on Friday, shares of PG&E Corp (Symbol: PCG) crossed below their 200 day moving average of $16.83, changing hands as low as $15.84 per share.
In trading on Friday, shares of the WisdomTree New Economy Real Estate Fund ETF (Symbol: WTRE) crossed below their 200 day moving average of $23.58, changing hands as low as $23.53 per share.
Key PointsHistorically, the S&P 500 averages about a 10% annual return, or roughly 7% factoring in inflation.
In trading on Friday, shares of the Direxion Daily Gold Bull 3x Shares ETF (Symbol: BAR) crossed below their 200 day moving average of $44.46, changing hands as low as $43.77 per share.
In trading on Friday, shares of Babson Capital Corporate Investors Fund (Symbol: MCI) crossed above their 200 day moving average of $18.68, changing hands as high as $19.60 per share.
In trading on Friday, shares of RPM International Inc (Symbol: RPM) crossed above their 200 day moving average of $106.65, changing hands as high as $107.30 per share.