$CSPX (-1,14 %)
$SPY (-1,26 %)
$CSNDX (-1,63 %)
$IWDA (-1,03 %)
$ISAC (-1,03 %)
$WSML (-1,32 %)

found an interesting comparison, I wonder if that's the case ? 🧐🤔

I don't think so, what do you think?

Otherwise it could get pretty uncomfortable 😬

Does anyone here have experience with the taxation of interest payments and dividends at Interactive Brokers?

I opened an account with IBKR last year to park part of my cash reserve in USD.

The idea was:

• Diversification
• Take high interest rates with you
• To invest the money in a stronger market decline in $SPY (-1,26 %) to invest

I am aware that IBKR is not tax-simple for Germans and that you have to be active yourself.

Is it now possible to export complete annual reports there, which I can put on my tax advisor's desk?

Thank you!

$IBKR (-2,25 %)

$SPY (-1,26 %)
$CSPX (-1,14 %)

CPI 3% YoY, (Est. 2.9%)

CPI 0.5% MoM, (Est. 0.3%)

Core CPI 3.3% YoY, (Est. 3.1%)

Core CPI 0.4% MoM, (Est. 0.3%)

The monthly CPI reading in January was 0.5%, the highest since August 2023. And the monthly core increase of 0.4% is the largest since March last year.

$SPY (-1,26 %)

S&P 500 posts weekly gain thanks to strong quarterly figures and the start of the Trump presidency

The Standard & Poor's 500 index rose 1.7% this week, helped by better-than-expected quarterly results and optimism that the Trump administration will cut taxes and regulations.

The market index ended Friday's session at 6,101.24 points. It reached a new record high of 6,128.18 points during the day on Friday, but closed just below Thursday's record close of 6,118.71 points. The S&P 500 is now up 3.7% in January and is 25% higher than a year ago.

The week only had four trading days as the US stock market was closed on Monday for Martin Luther King Jr. Day.

Monday also saw the inauguration, which marked the start of President Donald Trump's second term. Investors are hoping that the newly sworn-in president will implement his plans to cut taxes and regulations.

Sentiment was also boosted by better-than-expected quarterly results from companies such as GE Aerospace (GE), Union Pacific (UNP) and Netflix (NFLX).

By sector:

- Communication services recorded the largest percentage increase of the week with a rise of 4%, followed by a rise of 2.9% in healthcare and an increase of 2.4 % in industry.

Netflix was the top performer in communication services, with a weekly increase of 14%. The company exceeded expectations with its Q4 results and revenues, adding 18.9 million new subscribers worldwide, almost twice as many as forecast. Netflix also issued above-consensus guidance for Q1.

In healthcare, shares of Moderna (MRNA) surged 22% after the vaccine maker was awarded $590 million from the U.S. Department of Health and Human Services to develop mRNA-based flu vaccines. Moderna also announced that it had received an order to supply its COVID-19 vaccine to the European Union, Norway and North Macedonia.

Shares of GE Aerospace led the gainers in the industrials sector, rising 7.6% after the company reported adjusted earnings per share and revenue for the fourth quarter that beat analysts' average estimates. The upper range of the earnings forecast for 2025 also exceeded the analysts' consensus estimate.

Energy was the only loser of the week and fell by 2.9% as a result of a decline in crude oil prices. Shares of Halliburton (HAL) fell 7% as the company's adjusted earnings per share beat analysts' consensus estimates by just one cent, while revenue slightly missed expectations.

Outlook for next week:

The corporate earnings calendar includes AT&T (T), Boeing (BA), Starbucks (SBUX), Microsoft (MSFT), Meta Platforms (META), Tesla (TSLA), International Business Machines (IBM), Apple (AAPL), Visa (V), Mastercard (MA), Caterpillar (CAT), United Parcel Service (UPS), Exxon Mobil (XOM), AbbVie (ABBV) and Chevron (CVX).

Economic data includes December new and pending home sales, Q1 GDP and the December personal consumption expenditures (PCE) price index. In addition, the Federal Open Market Committee of the US Federal Reserve will hold its first meeting in 2025.

$SPY (-1,26 %)

S&P 500 posts a weekly gain of 2.9% thanks to easing inflationary pressure and strong bank profits

The Standard & Poor's 500 rose for the first time in three weeks on signs of easing inflationary pressures and strong quarterly results from leading banks.

The benchmark index closed Friday's session up 2.9% at 5,996.66 points, after ending the previous week at 5,827.04 points. All sectors recorded gains, led by the financial and energy sectors, which each rose by 6.1%. The materials sector closed 6% higher.

Official consumer price inflation data released this week showed that core inflation, which excludes volatile food and energy costs, unexpectedly eased in December.

"A relatively benign reading of core consumer inflation on Wednesday coupled with a more moderate producer price index on Tuesday provides welcome relief to a (U.S. Federal Reserve) increasingly concerned about rising cost pressures," Stifel wrote in a note to clients.

Retail sales rose at a slower-than-expected pace last month, while builder confidence unexpectedly rose in January. Housing starts also exceeded market expectations.

Markets expect the Federal Open Market Committee to leave interest rates unchanged later this month, according to the CME FedWatch tool.

The International Monetary Fund raised its growth forecasts for the global and US economies this year, but pointed out that the risks to the medium-term outlook remain mostly negative.

US President-elect Donald Trump is due to take office on Monday.

JPMorgan Chase (JPM), Goldman Sachs (GS), Citigroup (C), Bank of America (BAC) and Morgan Stanley (MS) published quarterly results that exceeded Wall Street's expectations. These results boosted bank stocks and contributed to the financial sector's weekly gain.

The rise in the materials sector was supported by a 12% jump in Celanese (CE) after the stock was upgraded by BofA Securities.

The industrial sector gained 4.8%, thanks in part to a 15% rise in United Rentals (URI). The equipment rental company announced it was acquiring H&E Equipment Services (HEES) in an all-cash deal worth around USD 4.8 billion.

The real estate sector also posted a weekly gain of 4.8%, with lumber REIT Weyerhaeuser (WY) rising 11% after CIBC upgraded the stock.

Utilities gained 4.3% despite a 3.5% drop in Edison International (EIX). The Southern California utility is accused in a lawsuit of starting a fire in Los Angeles with its equipment, according to a Bloomberg report.

The consumer discretionary sector posted a 1.3% weekly gain despite a 5.7% decline in Target (TGT), which maintained its fourth-quarter earnings forecast despite raising its comparable sales forecast.

The health care sector rose 0.3% for the week, thanks in part to an 8.5% gain in DexCom (DXCM), which was upgraded by Baird. Drugmakers Moderna (MRNA) and Eli Lilly (LLY) lowered their full-year revenue forecasts, sending their shares down 19% and 9.3%, respectively.

Major companies reporting results next week include Netflix (NFLX), Johnson & Johnson (JNJ), Charles Schwab (SCHW), Intuitive Surgical (ISRG), American Express (AXP) and Procter & Gamble (PG).

Next week's economic calendar includes Friday's December existing home sales report and the University of Michigan's preliminary consumer confidence index for January. The markets will be closed on Monday in observance of Martin Luther King Jr. Day.

$CSPX (-1,14 %)
$SPY (-1,26 %)

Since 1928, the S& P 500 has seen at least a double-digit decline over the course of the year in 64% of all years

$SPY (-1,26 %)

S&P 500 starts 2025 with small weekly loss as materials and consumer stocks weigh

The S&P 500 Index started the new year with a weekly loss of 0.5% as the materials and consumer sectors fell while energy and utilities stocks rose. The index closed Friday's session at 5,942.47 points. The market was closed on Wednesday for the New Year holiday.

On Tuesday, the S&P 500 ended 2024 with an annualized gain of 23%. However, the index fell by 2.5% in December.

Last week, the materials sector recorded the largest decline with a drop of 2.1%, followed by consumer staples with a decline of 1.5% and consumer staples with a loss of 1.4%.

In the materials sector, the shares of PPG Industries (PPG) fell by 5.1%, and Smurfit Westrock (SW) recorded a drop of 3.8 %.

In the consumer goods sector, the shares of Tesla (TSLA) fell 4.9% after the electric vehicle maker announced that vehicle deliveries in 2024 were down year-on-year and fourth-quarter figures missed Wall Street expectations.

In the consumer staples sector, shares of alcohol producers such as Brown-Forman (BF.B) and Molson Coors Beverage (TAP)fell after US Surgeon General Vivek Murthy issued a warning highlighting the direct link between alcohol consumption and an increased risk of cancer and calling for warning labels on alcoholic beverages. Brown-Forman's Class B shares fell 6.6%, while Molson Coors Beverage dropped 4.4%.

The energy sector led the week's winners with a gain of 3.2%, followed by a 1.3% rise in utility stocks.

Devon Energy (DVN) jumped 8.8% after Wolfe Research upgraded its rating on the stock from "peer perform" to "outperform".

Among utilities, the shares of Vistra (VST) rose 16 % after UBS raised its price target for the stock from USD 161 to USD 174.

In the coming week, December labor market data will be in focus, including the monthly employment report from ADP, which is due on Wednesday, and the Labor Department's employment report, which will be released on Friday. Other important data includes November industrial orders (Monday), December consumer credit (Wednesday) and the preliminary consumer confidence index for January (Friday).