Good MorningEquity markets fell on Monday, starting the week on a sour note. The move was driven by continued fear of higher interest rates for longer and concern that this week's labor data will keep the Fed's foot on the brakes. The S&P 500 fell about 0.5% at the session's low, extending the losing streak to a possible 5th week. If the market can't regain traction soon, a test of the 4,150 level is inevitable.
The NFP report is due out on Friday. The report is expected to show steady job creation while wages accelerate and unemployment falls. In this scenario, the FOMC has no reason to let off the brakes and every reason to continue to keep interest rates high. The risk for the market is that a soft economic landing will keep the labor market solid and wages rising, underpinning higher-than-normal inflation keeping interest rates higher for longer. Featured: $100 Trillion “AI Metal” Found in American Ghost Town (Ad) 
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Drones have made headlines for their key roles in headline events like the Ukraine War. According to Grandview Research, the global drone industry is estimated to grow at a compound annual growth rate (CAGR) of 13.9% in the next seven years, and 9.1% in the U.S. Applications continue to broaden, r... Read the Full Story |
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From Our Partners | | Porter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger the biggest forced rotation of capital since World War II.
They reveal why Trump is mobilizing America’s tech giants… and name the two stocks most likely to soar as trillions shift behind the scenes. | | Watch the National Emergency broadcast here |
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Cloudflare Inc. (NYSE: NET) is the world's most connected cloud network, offering a serverless cloud architecture, security and artificial intelligence (AI) on the network edge to thousands of companies and millions of websites. It is a content-delivery-network (CDN) serving and partnering with ... Read the Full Story |
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Stocks | | | Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields. U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares. However, China Evergrande was up nearly 16%, ... Read the Full Story |
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Another week has passed with shares of Meta Platforms (NASDAQ: META) outperforming the overall market, closing the prior week up 0.38% while the overall market was down almost 1%.
META recently made headlines after the company hosted its annual Connect product conference. It has continued t... Read the Full Story |
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Income investors aren't known for their risk-on attitude or speculative natures, but that doesn't mean there aren't speculations in the income-investment universe. A simple speculation is on distribution growth; in some cases, the opportunity for growth is significant. We're looking at 3 stocks th... Read the Full Story |
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From Our Partners | | MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. For a limited time, get full access for just $5 for 5 weeks—no restrictions, no trial limitations. | | Unlock the full power of MarketBeat All Access today for just $5 |
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Markets | | | South Asia is expected to grow by 5.8% this year, making it the fastest-growing region in the world even as the pace remains below pre-pandemic levels, the World Bank said on Tuesday.The latest South Asia Development Update from the World Bank projected growth in the region to slow slightly to 5.6% ... Read the Full Story |
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Markets | | | Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. Evergrande is the world’s most heavily indebted ... Read the Full Story |
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Markets | | | For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.The trial of Bankman-Fried, the founder of the failed cryptocurrency brokerage FTX, will begin Tuesday with ... Read the Full Story |
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Markets | | | Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington.On a visit Monday to York, Pennsylvania, Chair Jerome Powell got an earful from a group with a decidedly different perspective: Small-business peop... Read the Full Story |
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The only thing to be sure of as Q4 2023 begins is uncertainty. It is uncertain if inflation is tame, if the Fed is finished hiking rates, if earnings growth will be as robust as expected, and if the market will move higher or lower. Investors need to be aware of the forces driving the market to be... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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