DBS raises dividends, S&P 500 hits new high & savings account rates remain high Here are a few pieces of good news to usher in the Lunar New Year. Firstly, the S&P 500 index closed above the 5,000 level for the first time, boosted by strong earnings reported by companies. Closer to home, DBS shareholders also have reason to rejoice as the company announced an increase in dividends and a bonus share issue. Lastly, we were relieved to see that most banks have maintained the interest rates on their savings accounts, despite the decline in T-bill yield and fixed deposit rates. Check out our Compare Savings Account Tool to find the best savings account with the highest interest rates. We wish you good health and prosperity in the Year of the Dragon! Source: Bloomberg. Price as of market close on 9 Feb 🚀 S&P 500 CROSSES 5,000 What happened? 80% of S&P 500 Index companies that have reported their earnings so far have beat expectations. This exceeds the...