(RTTNews) – The China stock market has finished higher in back-to-back sessions, surging more than 140 points or 4.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,360-point plateau and it’s got a positive lead again for Tuesday’s trade.

The global forecast for the Asian markets is upbeat, with tech shares expected to lead the way higher. The European markets were mixed and the U.S. bourse were broadly higher and the Asian markets are tipped to follow the latter lead.

The SCI finished sharply higher on Monday following gains from the financials, properties and oil and insurance companies.

For the day, the index soared 86.39 points or 2.64 percent to finish at 3,358.47 after trading between 3,286.11 and 3,359.15. The Shenzhen Composite Index surged 73.40 points or 3.31 percent to end at 2,289.36.

Among the actives, Industrial and Commercial Bank of China climbed 1.02 percent, while Bank of China collected 0.62 percent, China Construction Bank jumped 1.47 percent, China Merchants Bank rallied 3.81 percent, Bank of Communications advanced 1.10 percent, China Life Insurance soared 4.48 percent, Ping An Insurance surged 3.80 percent, PetroChina gained 1.21 percent, China Petroleum and Chemical (Sinopec) added 0.76 percent, China Shenhua Energy increased 0.97 percent, Gemdale spiked 2.40 percent, Poly Developments accelerated 2.30 percent and China Vanke gathered 1.00 percent.

The lead from Wall Street is broadly positive as stocks moved sharply higher on Monday, extending the strong upward move seen in recent sessions and sending the major averages to their best closing levels in a month.

The Dow jumped 250.62 points or 0.88 percent to finish at 28,837.52, while the NASDAQ surged 296.32 points or 2.56 percent to end at 11,876.26 and the S&P 500 perked 57.09 points or 1.64 percent to close at 3,534.22.

Technology stocks led the

(RTTNews) – Stocks are likely to move to the upside in early trading on Monday, adding to the strong gains posted last week. The major index futures are pointing to a higher open for the markets, although the Dow futures are up a relatively modest 71 points compared to more than 220-point jump by the Nasdaq futures.

The markets may continue to benefit from optimism about a new stimulus bill even though House Speaker Nancy Pelosi said talks will “remain at an impasse” until “serious issues” with the Trump administration’s latest proposal are resolved.

The White House has increased its offer to $1.8 billion in its latest proposal, but Pelosi still called the administration’s proposed bill “grossly inadequate.”

“The news is filled with the numbers in terms of dollars. The heart of the matter is: can we allow the virus to rage on and ignore science as the Administration proposes, or will they accept the scientific strategic plan in the Heroes Act to crush the virus,” Pelosi said in a letter to her Democratic colleagues.

“We have other differences in terms of who benefits from the spending,” she added. “But in terms of addressing testing, tracing and treatment, what the Trump Administration has offered is wholly insufficient.”

Meanwhile, Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows sent a letter to members of the House and Senate accusing Democrats of refusing to compromise on bipartisan legislation.

“It is not just about the top-line number but also about legislation that can be passed by both the House and the Senate and signed into law by President Trump to help the American people,” Mnuchin and Meadows wrote.

Mnuchin and Meadows urged Congress to vote on a bill allowing the administration to spend unused Paycheck Protection Program funds while negotiations

(RTTNews) – The China stock market returned from its long National Day holiday to the upside on Friday, after finishing lower in four of five sessions before the break. The Shanghai Composite Index now sits just above the 3,270-point plateau and it’s got a positive lead again for Monday’s trade.

The global forecast for the Asian markets is cautiously optimistic, with optimism for stimulus tempered by weakness from the oil markets. The European and U.S. bourses were up and the Asian markets are tipped to open in similar fashion.

The SCI finished sharply higher on Friday following gains from the properties and oil and insurance companies, while the financials were mixed.

For the day, the index spiked 54.02 points or 1.68 percent to finish at 3,272.08 after trading between 3,260.19 and 3,280.51. The Shenzhen Composite Index surged 66.42 points or 3.09 percent to end at 2,215.96.

Among the actives, Industrial and Commercial Bank of China fell 0.20 percent, while Bank of China collected 0.31 percent, China Construction Bank eased 0.16 percent, China Merchants Bank added 0.50 percent, Bank of Communications rose 0.22 percent, China Life Insurance advanced 0.95 percent, Ping An Insurance surged 2.15 percent, PetroChina gained 0.49 percent, China Petroleum and Chemical (Sinopec) increased 0.51 percent, China Shenhua Energy climbed 0.61 percent, Gemdale was up 0.21 percent, Poly Developments jumped 1.07 percent, China Vanke improved 0.04 percent and Beijing Capital Development spiked 1.64 percent.

The lead from Wall Street is solid as stocks opened higher on Friday and remained in the green throughout the session to finish higher for the third straight day.

The Dow climbed 161.40 points or 0.57 percent to finish at 28,586.90, while the NASDAQ spiked 158.94 points or 1.39 percent to end at 11,579.94 and the S&P 500 jumped 30.30 points or 0.88 percent to

You can increase your investment income by buying a mutual or exchange-traded fund that owns dividend-paying stocks. Whether you should is a thornier question.

Dividends can be dependable — many companies increase theirs year after year — but the prices of the stocks to which they’re linked won’t necessarily be so steady. A fund or E.T.F. of dividend payers provides no guarantee against losses.

So far this year, the S&P Dividend Aristocrats Index — an index of dividend payers in the S&P 500 — lost 2.6 percent year-to-date through Sept. 30, even after factor in those dividends. The S&P 500 returned of 5.57 percent, including dividends.

What’s more, the pandemic has increased the risks that dividends will be cut as some companies’ earnings and cash flow diminish.

“If you’re Walt Disney and you had to close all your parks, your cash flow dried up,” said Scott L. Davis, lead manager of the Columbia Dividend Income Fund. Disney announced in May that it was suspending its dividend for the first half of its fiscal 2020.

Dozens of companies have slashed their dividends this year.

“We’ve seen more cuts and suspensions in 2020 than we had in the prior 10 years,” said Christopher Huemmer, a senior investment strategist at Northern Trust Asset Management.

And the upheaval may not be over, especially with flu season overlapping with the pandemic this fall.

“If there’s another huge round of Covid and lots of shutdowns, I think you’ll see lots more companies get pinched and say they can’t afford their dividends,” said Clare Hart, lead manager of the JPMorgan Equity Income Fund.

Despite these heightened risks, Jennifer Ellison, a financial adviser at Bingham, Osborn & Scarborough in San Francisco, said she understands why people might want to add a fund or E.T.F. of dividend payers to

Small-cap growth funds are natural choices for investors with a high-risk appetite when capital appreciation over the long term takes precedence over dividend payouts. These funds focus on realizing an appreciable amount of capital growth by investing in stocks that are projected to rise in value over the long term.

Meanwhile, small-cap funds are good choices for investors seeking diversification across different sectors and companies. These generally invest in companies having market cap lower than $2 billion. The companies, smaller in size, offer growth potential and their market capitalization may increase subsequently. Also, due to their lower international exposure, small-cap funds offer higher protection than their large- and mid-cap counterparts against any global downturn.

Below we share with you three top-ranked small-cap growth mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Meridian Growth Fund Legacy Class MERDX aims for long-term growth of capital. The fund emphasizes small- and mid-capitalization growth companies and invests in securities of foreign companies, including emerging market companies. MERDX has three-year annualized returns of 10.1%.

As of the end of June 2020, MERDX held 90 issues, with 3.30% of its assets invested in Trinet Group Inc.

BlackRock Advantage Small Cap Growth Fund Investor A Shares CSGEX aims for long-term capital growth. The fund invests the majority of its assets in securities of small-capitalization companies. Its advisor defines these companies as those that have market capitalization in the range of those included on the Russell 2000 Index at the time of purchase. CSGEX has three-year annualized returns of 12.9%.

CSGEX has an expense ratio of 0.75% as compared to the category average of 1.22%.

Great-West Small Cap Growth Fund Investor MXMTX