Good MorningTrading was quiet on Tuesday with the market pulling back slightly after the strongest day in many months. The action was not unexpected and aided by a general lack of market-moving news. With the Q4 earnings season all but wrapped up, traders are focusing on the data and there were no releases on Tuesday. That changes today with the release of the ADP report, a report expected to show a rebound in job creation. In other economic news, economists have begun to speculate on the possibility of 10% GDP growth as the economy reopens.
Democratic lawmakers in Washington hope to send their $1.9 trillion aid package to President Biden’s desk by the end of next week. Within the package are stimulus checks for most Americans but no increase to the minimum wage. The bill still faces opposition from Republicans but the two sides are closer to a deal than ever.
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Markets | | Stocks are drifting lower in morning trading on Wall Street Tuesday, giving back some of their big gains from a day earlier.
The S&P 500 was down 0.3% after earlier flipping between small gains and losses. A day before, it leaped 2.4% for its best performance since June, nearly e... Read the Full Story >> |
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Markets | | Stocks are drifting in early trading on Wall Street Tuesday, taking a pause from their sharp seesaw ride triggered by a swift rise in interest rates the last few weeks.
The S&P 500 was 0.1% lower after flipping between small gains and losses in the first half hour of trading. A d... Read the Full Story >> |
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Markets | |
One of the big advantages of growth investing is the potential for market-beating returns. Choose wisely and you can be rewarded with outsized gains when compared to the overall market. However, investors should also keep in mind that growth stocks can underperform the market in a big way when sto... Read the Full Story >> |
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Markets | | Global leading online education technology platform 2U Inc. (NASDAQ: TWOU) stock has been a pandemic benefactor as global stay-at-home mandates caused educational institutions to transition to online learning. Read the Full Story >> |
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Markets | | For much of the six months since Rocket Companies’ (NYSE: RKT) IPO, their shares have traded sideways. But while the shares gave the impression of a mortgage lending company that was finding its feet on the public stage, Read the Full Story >> |
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From Our PartnersThere's a rare setup in the crypto markets that could send a small group of coins through the roof. It virtually has every major corporation and government agency investing billions to prepare for a massive technology upgrade. One of these cryptos is currently trading for around three cents. | Watch this video now to get the full story. |
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Markets | | Kohl's reported mixed results for its fiscal fourth quarter, delivering a 30% increase in profits but a 10% drop in sales.
Results handily beat Wall Street estimates. Online sales growth remained strong, up 22% for the latest quarter, and accounted for 42% of net sales.
... Read the Full Story >> |
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Markets | |
The recent S&P 500 pullback off its record high has been caused by a few factors. Concerns about potential inflation, rising bond yields, and ongoing pandemic uncertainty sparked a late-February swoon in the market.
While the downturn has thus far been mild and may ultimately amount to yet an... Read the Full Story >> |
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Politics | | VATICAN CITY — The Vatican is defending Pope Francis’ decision to go ahead with his trip to Iraq this weekend despite rising coronavirus infections there and concerns about crowds wanting to see him.
The Vatican says health care precautions are being taken and the trip is an “act of l... Read the Full Story >> |
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Markets | | In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to two investment firms for $4.2 billion.
Knighthead Capital Management and Certares Opportunities will have the chance to buy the entire reorganized ... Read the Full Story >> |
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Markets | | Wix.com (NASDAQ: WIX), a cloud-based development platform provider, reported its Q4 2020 earnings in February. We’ll get to the numbers, but as impressive as they were, what Wix.com CEO Avishai Abrahami said was even more impressive: Read the Full Story >> |
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The Early Bird Stock Of The Day Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole, term, and other life insurance products; Medicare supplement and supplemental health insurance products, such as accident, cancer, critical illness, heart, and intensive care plans; and single-premium and flexible-premium deferred annuities. The company sells its products through its direct to consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas. | View Today's Stock Pick |
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