Good MorningThe earnings-driven rally accelerated on Thursday following better-than-expected results from Pepsico and UnitedHealth. Both companies topped their consensus estimates for Q1 revenue and earnings and gave favorable guidance for the year. Shares of UnitedHealth were among today’s leaders with a gain of nearly 4.0% at the end of the session.
Blow-out economic data is also responsible for a portion of the S&P 500’s 1.0% advance and a new all-time high. On the employment front, the weekly jobless claims data came in at the lowest level since March 2020 and is a sign of accelerating improvement in labor market conditions. On the consumer front, Retail Sales rose nearly 10% from the previous month on the combined impact of government stimulus money and strengthening labor market conditions.
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Markets | | | Newly public companies are often among the market’s biggest gainers, and Upstart Holdings (NASDAQ: UPST), Inari Medical (NASDAQ: NARI), and Montrose Environmental (NYSE: MEG) are among those on an uptrend since their public-market debuts in 2020 Read the Full Story |
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Markets | | | Wall Street notched more milestones Thursday, as a broad market rally pushed the S&P 500 to an all-time high and the Dow Jones Industrial Average crossed above the 34,000 mark for the first time.
The S&P 500 rose 1.1%, with technology, health care and communication stocks acco... Read the Full Story |
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Politics | | | Top European Union and British officials failed to get a breakthrough at talks on Northern Ireland trade rules and said Friday that contact would continue over the coming weeks.
The dinner meeting late Thursday between European Commission Vice President Maros Sefcovic and U.K. Brexit... Read the Full Story |
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Markets | | | It’s fair to assume that retail stores will see heavy foot traffic for months as the vaccine is further distributed. If you are interested in adding exposure to retail stocks and want a few to add to your shopping list, here are 3 great options to consider: Read the Full Story |
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Markets | | | Global shares advanced Friday after China reported its economy expanded at an 18% annual pace in the first quarter of the year.
France's CAC 40 added 0.2% in early trading to 6,247.86 while Germany's DAX gained 0.6% to 15,352.50. Britain's FTSE 100 rose 0.4% to 7,013.48. U.S. shares ... Read the Full Story |
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Markets | | | You can even add ETFs in certain sectors that are showing strength, which can be a very lucrative approach to trading and investing. If you are interested in this strategy, keep reading below to discover 3 sector ETFs to buy now. Read the Full Story |
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Healthcare | | | Let's face it, the healthcare industry is growing and supported by government policy and that's why UnitedHealth Group (NYSE: UNH) is moving higher. Shares of UnitedHealth are moving up to a new all-time on better than expected results and raised guidance. Read the Full Story |
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Politics | | | California power regulators are stepping up their oversight of Pacific Gas & Electric after finding that the utility has neglected the maintenance of an electrical grid that has ignited a series of deadly wildfires in Northern California and forced periodic blackouts affecting millions of people Read the Full Story |
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Markets | | | Delta Air Lines lost $1.2 billion in the first quarter, more than expected, but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues.
CEO Ed Bastian said Thursday that ticket sales have been stronger in the last t... Read the Full Story |
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Markets | | |
The furniture industry has been one of the most interesting beneficiaries of the pandemic economy and Virginia-based Hooker Furniture (NASDAQ:HOFT) is no exception. The stock went on an eight-month winning streak to close out 2020 and has since showed little sign of slowing down.
Americans have b... Read the Full Story |
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The Early Bird Stock Of The Day Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. Ryanair Holdings plc was incorporated in 1996 and is headquartered in Swords, Ireland. | | View Today's Stock Pick |
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