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Darius McDermott: Four rock-solid equity income funds for 2021

Darius McDermott: Four rock-solid equity income funds for 2021 The pandemic, Brexit and a new US president mean hunger for a sustainable income will be as strong as ever This year has been a rough ride for income investors, as companies cut dividends across the globe to shore up their balance sheets in the midst of the coronavirus pandemic. The latest Janus Henderson Global Dividend Monitor estimates that global dividends will fall between 17.5% and 20.2% in 2020 – adding that its best case scenario will see a total of $224bn of dividend cuts . Some places have been hit harder than others. For example, the UK and Australia, which have traditionally paid out a large portion of their profits to their investors in the shape of dividends.

Stocks start higher on Wall Street as vaccinations roll

NEW YORK (AP) Wall Street is getting off to a solid start as COVID-19 vaccinations continue to roll out in the U.S. and as a second vaccine candidate moved closer to winning approval from regulators. The S&P 500 rose 0.7% in the early going Tuesday. The benchmark index is coming off a four-day losing streak. Investors are also hopeful that Congress may be moving closer to approving another round of long-awaited stimulus for the economy, which has been thrown into recession by the pandemic. Treasury yields rose, crude oil prices moved higher and European markets were mostly in the green. Asian markets ended broadly lower.

World shares mixed as investors eye vaccines, US stimul

Shares opened higher in Europe on Tuesday after a lackluster day in Asia as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Markets are also watching for the outcome of a meeting by the Federal Reserve, which ends Wednesday. No change in interest rates is expected, but the Fed could announce steps to try to offset the pandemic’s increasing drag on growth. Benchmarks rose in Paris, Frankfurt and London but fell in Tokyo and Shanghai. U.S. futures advanced. Talks on terms of Britain s departure from the European Union have continued, with the EU s chief negotiator Michel Barnier saying he still firmly believes that a post-Brexit trade agreement is possible.

World shares mixed as investors eye vaccines, U S stimulus

World shares mixed as investors eye vaccines, U S stimulus
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