Good MorningThe equity market started the week on mixed footing following another round of weaker-than-expected Labor data. The May non-farm jobs report came in below expectations for the second month in a row raising serious doubts about the US economy's ability to rebound this summer. If the S&P 500 are unable to fill what is now a record number of open jobs all of the estimates for future earnings growth become meaningless and with them the value of S&P 500 stocks.
The market focus is also on the May read of the Consumer Price Index. The CPI data will be released later in the week and is the most current data on consumer inflation the market has. A hotter than expected number was released in May and cause the market to sell off on fears of rising interest rates. If the CPI data comes in hot again the market could be in for another big sell-off. The current consensus is for a gain of 0.5% from the previous month.
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Stocks | | | Most investors recognize the value of building a diversified portfolio but aren’t sure of the best way to make it happen. One area to look is in international equities, as these stocks can help you take advantage of growing economies outside of the United States and spread out your risk. That’s why we’ve put together a list of 3 strong international stocks to buy Read the Full Story |
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Markets | | | CrowdStrike reported better-than-expected earnings last week. Investors finally caught up to the stock on Monday, sending shares 4% higher in heavy volume. The stock is still working on a consolidation it began in February. Read the Full Story |
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Stocks | | | The reopening may take some time to gain momentum, but by the end of the year, we expect the economic picture to look much different than it does now. Until then here are three more stocks to put on your watch list that we think are well-positioned to benefit from the reopening. Read the Full Story |
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Peloton (NASDAQ:PTON) posted a 1.2% gain in premarket trading on the strength of new analysis from Loop Capital. Not only have those gains held into this morning's session, but the company has added further momentum and has surged up 5% in this morning's trading session as of this writing. The big... Read the Full Story |
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Politics | | | KATHMANDU, Nepal — Nepal resumed its stalled coronavirus vaccination campaign on Tuesday with 1 million doses given by China after the Himalayan nation made international pleas for help.
Thousands of 64-year-old people lined up at vaccination centers even before they opened. People ag... Read the Full Story |
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Markets | | | World shares were mixed Tuesday, with European indexes mostly higher after a downbeat session in Asia.
Benchmarks fell in Frankfurt, Tokyo, Hong Kong and Shanghai but rose in London and Paris. U.S. futures declined.
In a subdued opening to the week in New York, the S&a... Read the Full Story |
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Tech | | | The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar payment when he testifies before Congress this week Read the Full Story |
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Tech | | | The Justice Department has recovered the majority of a multimillion-dollar ransom payment to hackers after a cyberattack that caused the operator of the nation’s largest fuel pipeline to halt its operations last month Read the Full Story |
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Tech | | | If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B Read the Full Story |
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Someone might at one point have said to you, "You've got to max out your 401(k)! Such a great idea!"
But is it? Your situation might dictate a completely different approach. For example, let's say you have a lot of high-interest debt. In that case, maxing out your 401(k) might not make the ... Read the Full Story |
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The Early Bird Stock Of The Day Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services. It also offers voice communications services using voice over internet protocol technology; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. In addition, the company provides mobile services; video programming, static IP and business WiFi, voice, and e-mail and security services; sells local advertising across various platforms for networks, such as TBS, CNN, and ESPN; sells advertising inventory to local sports and news channels; and offers Audience App to create data-driven linear TV campaigns for local advertisers. Further, the company offers communications products and managed service solutions; data connectivity services to mobile and wireline carriers on a wholesale basis; and owns and operates regional sports networks and news channels. It serves approximately 32 million customers in 41 states. Charter Communications, Inc.was founded in 1993 and is headquartered in Stamford, Connecticut. | | View Today's Stock Pick |
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