U.S. stock higher in pre-market trading for,May 24.The Nasdaq Futures is trading at 13,467.80 up with +0.47% percent or +62.75 point.The Dow Futures is trading at 34,272.00 up with +0.35% percent or +119.00 point.The S&P 500 Futures is trading at 4,167.38 up with +0.38% percent or +15.63 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,364.46 up with + percent or +46.63 point. Hong Kong’s Hang Seng is trading at 28,370.16 with a loss of – percent or –88.28 point. China’s Shanghai Composite is trading at 3,491.15 up with percent or +4.59 point. India’s BSE Sensex is trading at 50,743.48 up with +percent or +203.00 point at 12:15 PM.For the day the FTSE 100 closed at 7,018.05 with a loss of –percent or ?1.74 point. France’s CAC 40 closed at 6,386.41 up with +percent or +42.83 point.Germany’s DAX closed at 15,437.51 up with + percent or +67.25 point.
Monday’s Factors and Events
If you can save money in a Roth version of an individual retirement account or 401(k) plan, you could set yourself up for a pretty straightforward way to get tax-free income.
While your contributions are not tax-deductible, as they may be with a traditional IRA or 401(k), distributions made after age 59½ are generally tax-free.
“The best way to end up with tax-free income is to pay the taxes first — and the best way to do that is to contribute to [a Roth account] throughout your working years,” said CFP George Gagliardi, founder of Coromandel Wealth Management in Lexington, Massachusetts.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,215.27 up with +0.34% percent or +7.51 point; the S&P 600 Small-Cap Index closed at 1,343.46 up with +0.42% percent or +5.68 point; the S&P 400 Mid-Cap Index closed at 2,689.84 up with + percent or +6.31 point; the S&P 100 Index closed at 1,883.16 with a loss of –percent or ?3.00 point; the Russell 3000 Index closed at 2,478.24 with a loss of percent or ?1.18 point; the Russell 1000 Index closed at 2,334.96 with a loss of – or ?1.75 point.