V credit card. The card served its purpose while our kids were young. Now that we don’t need the Disney DIS dollars, we’d like to move on to another credit card for the benefits.
Do we close this credit card? We have other credit cards (Discover and airline credit cards) and won’t need the credit. We have an offer at our current bank with zero APR and 2% to 3% cash back.
Barbara Kollmeyer is based in Madrid, where she leads MarketWatch’s pre-markets coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter @bkollmeyer.
“Today” host Dylan Dreyer and her estranged husband, Brian Fichera, have officially offloaded their longtime marital home in New York City, almost one year to the day after they listed it for $2.5 million.
Eight months after putting the property on the market, Dreyer, 44, and Fichera, 38, announced that they had separated—with the “Today” star sharing the news on her Instagram account, where she insisted that they remain “the closest of friends.”
Genna Contino is the Smart Spending reporter on MarketWatch’s personal finance desk. She previously covered personal finance for CNBC as well as city hall for The Charlotte Observer in North Carolina. She graduated from the Craig Newmark Graduate School of Journalism at the City University of New York in 2024.
U.S. stocks rallied for a fourth straight day on Wednesday, having clawed back all of last week’s losses ahead of the Thanksgiving holiday.
Gains made by Alphabet Inc.
GOOGGOOGL and Broadcom Inc. AVGO since last Friday have helped breathe new life into the AI trade, while growing expectations for Federal Reserve interest-rate cuts bolstered rate-sensitive small caps and other corners of the market.
The Dow Jones Industrial Average DJIA and S&P 500 SPX each finished up by almost 0.7% on Wednesday, bringing their week-to-date advances to 2.6% and 3.2%, respectively. With an abbreviated trading session still ahead for Friday, both indexes were on track for their strongest Thanksgiving-week performances since 2012, based on preliminary data from Dow Jones Market Data. The Nasdaq Composite COMP ended 0.8% higher on Wednesday, bringing its week-to-date gain to 4.2%. That leaves the index on track for its best Thanksgiving-week performance since 2008, when it rose 10.9%.
The market’s latest gains came after the S&P 500 finished above its 50-day moving average on Tuesday and Wednesday in an encouraging sign that the near-term trend is likely to be higher. However, this week’s powerful comeback was not enough to offset overall losses so far for the month of November. The S&P 500 was still off 0.4% for the month as of Wednesday’s close, while the Nasdaq Composite was off by almost 2.2%.
Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others. He has worked as an analyst at McKinsey Co., and is a Chartered Financial Consultant. His latest book, “Storm Proof Your Money”, was published by John Wiley Co.
Sandisk Corp. will join the S&P 500 on Friday, S&P Dow Jones Indices said late Monday.
Shares of Sandisk
SNDK, which makes computer-storage devices, rallied more than 9% in the extended session after the news. The company is moving to the S&P 500 SPX from the S&P Small Cap 600 SML, replacing advertising and marketing company Interpublic Group of Companies Inc. IPG.
