Good MorningEquity markets extended their historic rally on Monday with the major indices all moving higher. The NASDAQ Composite led the move with a gain near 1.0% while the S&P 500 and Dow Jones Industrial Average posted smaller advances. On a sector basis, the Energy Sector was among today’s leaders. The S&P 500 Energy sector ETF gained more than 4.0% on rising oil prices and a firming outlook for demand.
Market sentiment was also boosted by President Biden’s push for stimulus. He and members of his cabinet think another stimulus package is what it will take for the U.S. to reach full employment by next year. Last week, the CBO said the U.S. was already on track to reach full employment by next year. In COVID news, the rapid decline in COVID-19 cases continues across the U.S. paving the way for a fuller reopening and broader economic reopening in the second half of 2021.
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Politics | | | Asian stocks were mostly higher Tuesday after Wall Street rose to a new record.
Shanghai, Tokyo, Hong Kong and South Korea all advanced.
Overnight, Wall Street’s benchmark S&P 500 index closed 0.7% higher. Investors were encouraged by company earnings, news that a s... Read the Full Story |
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Politics | | | Global stock markets were mixed Tuesday after another record-setting rally on Wall Street.
London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced.
U.S. futures were lower a day after Wall Street’s benchmark S&P 500 index closed up 0.7%. Inv... Read the Full Story |
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Markets | | | Well known battery maker Energizer Holdings (NYSE:ENR) has been around for a long time powering our favorite electronic devices. But it has only traded as a standalone company for about 5 years during which the stock has had periods of mixed success. Read the Full Story |
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Markets | | | A 6% jump in Monday’s session was enough to make shares of chipmaker Nvidia (NASDAQ: NVDA) among the best performing of US equities on the day. In what was a great start to the week for markets overall with the major indices all setting fresh all-time highs, Nvidia’s stock came within a ... Read the Full Story |
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Markets | | | Japanese automaker Nissan has reported losses for the fiscal third quarter, as its sales were hit by the coronavirus pandemic and its brand image continued to take a beating from a high-profile Tokyo trial Read the Full Story |
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Markets | | | Home services digital marketplace ANGI Home Services (NASDAQ: ANGI) stock has squeezed higher on its most recent Q4 2020 earnings. The platforms connect consumers with service professionals and independent contractors Read the Full Story |
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Markets | | | Mobile advertising and content technology platform provider Digital Turbine (NASDAQ: APPS) stock has been on an explosive rise propelled by the increase in mobile device usage and economic recovery. The stock is a dual narrative winner benefiting from stay-at-home, ecommerce and mobile app entertain... Read the Full Story |
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Markets | | | Germany's exports plunged by 9.3% last year as the coronavirus pandemic dragged down demand, the biggest drop since the financial crisis in 2009, official data showed Tuesday.
Imports dropped 7.1%, the Federal Statistical Office said. That also was the steepest decline since 2009, whe... Read the Full Story |
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Markets | | | Honda's fiscal third-quarter profit has more than doubled to about $2.7 billion despite the coronavirus pandemic as auto sales grew in Japan and the U.S. Japanese automaker Honda Motor Co. said Tuesday that its quarterly sales inched up less than 1% to 3.7 trillion yen, or $35 billion Read the Full Story |
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Markets | | | Simpson Manufacturing Co. (NYSE:SSD) isn’t seeing much love from the market following its Q4 earnings release. Not because the company underperformed, it didn’t, but because the market was expecting the good news. Read the Full Story |
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The Early Bird Stock Of The Day Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia. | | View Today's Stock Pick |
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