| This email is coming from an unmonitored email account. Please do not respond to this message. | | | | | | | | | Market Recap | | | | | Dow Jones | 36,117.38 (+0.17%) | | Nasdaq | 14,339.99 (+1.37%) | | | | | | | | | | | | | The generation with the biggest financial burden? Millennials | | | | Two recessions, a pandemic, a red hot housing market, high interest rates, and soaring childcare costs are some of the reasons America's millennials are the most financially unwell generation of the moment. Read more>> | | | | | | | | | | | | MARKET RECAP | | | | US stocks rose on Thursday over AI optimism, and ahead of today's November payroll report | | | | - Google stock jumped 5.3% as investors digested the launch of its new, fast AI model Gemini.
- Gamestop shares rose 10.2% after beating earnings expectations, and announced that company money can be used to buy other equities and short-term debt. Pet supply retailer Chewy, incidentally co-founded by current GameStop CEO Ryan Cohen, shed 0.6% after missing expectations and reporting weaker-than-expected revenue guidance for the fourth quarter.
- Shares of Dollar General fell 1.2% after reporting a decline in the average customer transaction and discretionary spending overall.
- PayPal shares slid 1.8% after Amazon announced that it will no longer allow customers to pay with Venmo starting January 10th.
- Initial jobless claims inched higher, even though they remain in line with pre-pandemic readings.
| | | | What to be on the lookout for today | | | | - November's nonfarm payrolls report and an update to the unemployment rate.
- December consumer sentiment index from the University of Michigan.
| | | | | | | | Money-saving tips for last-minute travel | | | | If the massive Thanksgiving travel crowds were any indication, the holiday travel season is going to be a busy one. Not to mention expensive.
Buying airfare early may help you find the best deals, but the timing is getting tight for that. So here are some other tips to help lower the price of holiday travel.
Fly on the day itself Flying on Christmas Eve or Christmas Day this year can help find better prices.
Do your homework (and math!) Buying a bare-bones ticket could mean paying less upfront, but be sure to consider any extra fees you might incur, including paying for a seat upgrade, a second carry-on, or printing your printing pass.
Rise and shine Flying first thing in the morning can bring down ticket prices, as well as ease travel headaches because delays and cancellations become more common as the day goes on.
Fuel up smart If you're hitting the road, using an app to help find the cheapest gas stations on your journey can help you save money. | | | | | | | | | | | | Today's top stories | | | | | | | | Hotels' endless sub-brands leave consumers confused | | | | Marriott alone has enough distinct brands to inspire a viral bingo game. In an effort to appeal to as many customers as possible, hotels have managed to confuse everyone. Read more >> | | | | This startup wants to solve the affordable housing crisis | | | | Simply Homes just raised $22 million to rent homes to low-income families. Read more >> | | | | How to save money on hotels for your next trip | | | | Lodging is one of the biggest expenses of a vacation. But hotel prices aren't static, so you might be able to save money if you're smart about your bookings. Read more >> | | | | | | | | | | Other news that caught our eye | | | | | | | | | | Financial planner tip of the day | | | | "When people don't know how much they spend and when, it can be difficult to stick to a savings plan. If you don't know how much money hits the bank account each month and how much you spend, how do you know what's a realistic amount to save? Before creating savings strategies, many people find it helpful to track their spending and expenses, organized by week, month, or year." | | | | – Brian Walsh, CFP® at SoFi | | | | How did you like today's newsletter? | | | | | | | | This email was sent to you at paidmellc@gmail.com by SoFi Wealth LLC. (SoFi) because you're enrolled in the SoFi Daily. If you do not want to receive SoFi Daily emails, click here to unsubscribe. Please understand that this information provided is general in nature and shouldn't be construed as a recommendation or solicitation of any products offered by SoFi's affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It's important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
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