Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’

U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...

REIT Preferred is Overlooked and Offers 6% to 8% Yields

Higher rates are attracting more individual investors to the preferred stock market because yields have risen nearly two percentage points this year to a range of 6% to 8%. Most investors focus on ban...

Preferred Stocks Have Plunged This Year. But There Are Opportunities If You Know Where to Look.

The preferred-stock market has suffered one of its worst selloffs in decades as yields on leading bank preferred issues have risen to about 6% from 4%. But with yields now at their highest levels in f...