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BC-Money & Markets Digest

June 8, 2018

Money & Markets modules for Saturday, June 9

THE WEEK AHEAD

Dave & Buster’s reports first-quarter earnings on Monday. The Federal Reserve’s two-day rate-setting meeting wraps up on Wednesday. Adobe Systems reports second-quarter results on Thursday.

SPOTLIGHT

Verizon Communications shares slipped after the cellular phone operator announced its CEO is retiring and will be succeeded by its current chief technology officer.

CENTERPIECE

College saving advice

As a way to save for children’s education, “529” college savings plans are wildly popular. With tuition costs climbing, they look even more alluring.

STORY STOCKS

Broadcom (AVGO)

Stitch Fix (SFIX)

Cooper Cos. (COO)

Philip Morris International (PM)

KLA-Tencor (KLAC)

Lumentum (LITE)

Verizon Communications (VZ)

Monster Beverage (MNST)

FUND FOCUS

American High-Income Municipal Bond (AMHIX)

This “Bronze”-rated fund has strengthened its tool kit in recent years, but remains “somewhat cautious” compared with many rivals. It tends to hold up better in market turmoil than its peers.

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