Good MorningThe equities market was quiet on Tuesday following Monday’s big gains. The market is digesting the economic data ahead of the release of FOMC minutes on Wednesday. The data shows a marked uptick in economic activity that is led by the labor market and may lead to inflation. The FOMC minutes will be closely scrutinized for every nuance of detail the Fed gives on the inflation picture.
Data on Tuesday included the Job Openings And Labor Turnover report from the Bureau of Labor Statistics otherwise known as the JOLTs report. According to the report, the number of open jobs surged to 7.4 million in February and the highest level since well before the pandemic. The report is a strong albeit lagging indicator of labor market conditions and points to robust hiring conditions for the spring season. Featured: Could this be crypto's biggest Trump win? (Ad) 
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Markets | | | While it has certainly been an eventful and volatile past year in the market given the huge selloff and subsequent rally to reach new all-time highs, investors need to avoid getting too caught up in the day-to-day movement of stocks. Instead, staying focused on identifying market-leading companies a... Read the Full Story |
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Stocks | | | If you aren’t familiar with the term “big-box retailer”, it refers to a retail store that occupies a large amount of physical space and offers a variety of different products to its customers. These companies can make for great long-term investments thanks to their reliable sales, ... Read the Full Story |
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Tech | | | Asian shares were mixed Wednesday after Wall Street took a breather, with major indexes edging lower.
Japan's benchmark Nikkei 225 edged up 0.1% to finish at 29,730.79 and the Shanghai Composite index sank 0.2% to 3,475.96. Australia's S&P/ASX 200 gained 0.6% to 6,928.00. South K... Read the Full Story |
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Markets | | | Medical and consumer cannabis products producer Aurora Cannabis (NYSE: ACB) stock has experienced an explosive spike at the beginning of 2021 but has since been selling off towards a triple bottom support. Read the Full Story |
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Markets | | | Global shares were mostly higher on Wednesday as optimism over progress on coronavirus vaccinations offset worries over flaring outbreaks in many countries.
France's CAC 40 edged 0.3% higher in early trading to 6,150.27. Germany's DAX added 0.1% to 15,227.91. Britain's FTSE 100 gaine... Read the Full Story |
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Markets | | | When it comes to investing in homegrown companies it doesn't get much more patriotic than Comfort Systems USA (NYSE:FIX). The provider of building construction and maintenance services has been around for almost 25 years. Read the Full Story |
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Politics | | | LONDON — The European Medicines Agency will announce the conclusions of its investigation into the possible connection between AstraZeneca’s coronavirus vaccine and rare blood clots later Wednesday.
On Tuesday, a senior EMA official said there was a causal link between the AstraZenec... Read the Full Story |
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Tech | | | Japan's Toshiba Corp. says it is considering a preliminary acquisition proposal that would take the technology conglomerate private.
Toshiba said Wednesday that it asked for more details on the proposal it received on Tuesday, was giving it “careful consideration” and would make an a... Read the Full Story |
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Tech | | | A House subcommittee is investigating YouTube Kids, saying the Google-owned video service feeds children inappropriate material in “a wasteland of vapid, consumerist content" so it can serve them ads.
The inquiry comes despite Google agreeing to pay $170 million in 2019 to settle al... Read the Full Story |
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Markets | | | Network communications company Juniper Networks (NYSE: JNPR) stock has been chopping in a trading range for nearly a decade. The legacy networker has been profitable, consistent, with a war chest of $1.78 billion in cash or $5.44 cash per share and a 3.12% dividend. The Company has been quietly gobb... Read the Full Story |
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The Early Bird Stock Of The Day PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB. The fund focuses on intermediate maturity bonds across multiple industries and sectors. It employs fundamental analysis along with top-down approach to make its fixed income investments. The fund uses in-house research to make its investments. PIMCO Corporate Opportunity Fund was founded on December 27, 2002 and is domiciled in United States. | | View Today's Stock Pick |
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