Good MorningFriday’s jobs report can’t get here soon enough for investors. A substantially weaker-than-expected ADP employment report sent equities broadly lower on Wednesday. The tech-heavy NASDAQ index managed a slight gain. However, the Dow and the S&P 500 both finished solidly in the red.
Investors were already concerned about how the Delta variant would impact the reopening. The early read on private-sector payrolls shows that the worker shortage may be worse than expected.
General Motors added to the sour mood by reporting continued disruption from the global chip shortage that shows no immediate sign of easing.
Investors looking for a bright side can look at Robinhood that soared over 50% for the day. After a lackluster debut in late July, the company known for its namesake trading app has become the new meme stock. Retail investors, along with fund manager Cathie Wood, made HOOD stock a bright spot on an otherwise gloomy day.
Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Consumer Discretionary | | Worldwide vehicle parts manufacturer Magna International (NYSE: MGA) stock has been selling off as the electric vehicle (EV) momentum has been cooling off. However, Magna is emerging as the go-to manufacturer for some of the most popular EV makers like Fisker (NYSE: FSR). The Company is already a su... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Markets | |
You know the recipe for becoming a millionaire — invest early and consistently. Make savings a priority.
But there's more to a millionaire mindset than doggedly saving over time. You might have already read about the millionaire mindset and tried to emulate it. It doesn't hurt to repeat th... Read the Full Story |
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Materials | | Nevada-based rare earth miner MP Materials (NYSE: MP) stock has been rebounding with the rise of rare earths materials pricing. The largest operating U.S. miner of rare earth oxides (REO) in the western hemisphere is a pure-play on electric vehicles (EV) and sustainable energy as its magnets supply ... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Communication Services | | While investors certainly have to pay up for quality software stocks, it’s hard to deny that these companies could have the most growth potential in the market. The sector took a hit earlier this year after fears that hot inflation numbers would cause interest rates to increase, but it’s... Read the Full Story |
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Technology | | Every time earnings season rolls around, it’s always a good idea to pay attention to the FAANG stocks and how they perform both before and after their quarterly numbers are released. Not only are these some of the most innovative and fundamentally sound companies in the world, but they also ma... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Consumer Discretionary | |
We often hear about Christmas in July, but for DraftKings (NASDAQ: DKNG) and other gambling stocks, the holiday season arrives in earnest with the arrival of football season. While exact numbers are unclear, an estimated $100 billion is wagered at licensed sportsbooks during the National Football ... Read the Full Story |
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Consumer Staples | |
The COVID-19 Bump Is Over For The Clorox Company
The Clorox Company (NYSE: CLX) made big waves last year in the wake of the COVID-19 pandemic. The company's products became the go-to brand for at-home and institutional sanitation needs and store shelves were wiped clean. The company reported a 50... Read the Full Story |
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Consumer Staples | |
The dawn of social media-driven investing has brought immense interest in riding the next short squeeze stock.
A short squeeze occurs when investors that short, or bet against, a stock are forced to cover their position by buying the same stock. It coincides with a flood of regular buying activit... Read the Full Story |
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Markets | |
In September 2000, the Employee Benefit Research Institute (EBRI) with the Retirement Security Research Center (RSRC) surveyed 2,000 individuals, aged 62 to 75. Of these individuals, 97% reported being retired (80% reported that their spouses were retired).
According to the study, households fit... Read the Full Story |
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Communication Services | | Online job recruiter ZipRecruiter (NYSE: ZIP) stock is benefiting from the labor shortage amidst rising employment and wage inflation. The tight labor market is a boon to business as the return to normal means companies are on hiring binges. However, the rising wage pressures and the limited talent ... Read the Full Story |
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The Early Bird Stock Of The Day NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. The company had approximately 33,276 megawatts of net generating capacity; approximately 90,000 circuit miles of transmission and distribution lines; and 883 substations. It serves approximately 12 million people through approximately 5.9 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida. | | View Today's Stock Pick |
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