Good MorningThe broad equities market staged a solid rebound on Tuesday following Monday’s late-day weakness. The market opted in favor of the ongoing economic rebound and the outlook for earnings following some bullish news about Apple. Sources from Japan say Apple’s orders for iPhone components for the first quarter of 2021 are 30% above the same time last year. Shares of Apple gained nearly 5.0% on the news to set a new three-month high.
In other news, the Industrial Production Index for November was reported on Tuesday. The index advanced 0.40% to beat the consensus of 0.20% as economic activity in the U.S. ramps higher. The next big gauge of the economy due out is the retail sales figures on Wednesday. It will be the last read on the economy before the FOMC meeting later in the day.
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Politics | | Australia’s prime minister said Tuesday that China would be violating World Trade Organization rules and a bilateral free trade agreement if it banned Australian coal.
Prime Minister Scott Morrison was replying to a report in China’s state-owned Global Times newspaper that said Beijin... Read the Full Story |
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Stocks | | The investment thesis for music industry stocks is simple - people will always enjoy listening to their favorite music regardless of what’s going on in the world, and companies that offer a convenient and accessible way to do so could see strong earnings growth over the years Read the Full Story |
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Markets | |
Nike (NYSE:NKE) stock has rallied 43% over the last 12 months brushing aside the competition and the pandemic to reach new high after new high.
Now a $215 billion company, some investors are wondering if Nike has the stamina to maintain its dominance in the global athletic footwear and apparel ma... Read the Full Story |
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Politics | | Asian shares are lower after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic Read the Full Story |
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Stocks | | The Post-Pandemic Vaccine Trade
While we are not yet out of the woods the progress of vaccine development and distribution has altered the course of the pandemic. With an end more-clearly in the market’s sights, the industries worst hit by the COVID-19 shutdowns are ready to spring back. This... Read the Full Story |
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Politics | | Shares have opened higher in Europe after a lackluster day in Asia as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic Read the Full Story |
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Politics | | The number of people in the U.K. who lost their jobs hit a record high in the three months through October during the run-up to the planned ending of a government salary support scheme, official figures showed Tuesday.
The Office for National Statistics said redundancies reached 370,0... Read the Full Story |
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Politics | | BERLIN — Germany’s health minister has increased his pressure on the European Union’s regulatory agency and demanded that a coronavirus vaccine will be approved before Christmas.
The news agency dpa reported Tuesday that health minister Jens Spahn said “our goal is an approval before... Read the Full Story |
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Markets | | The fast-food industry has had a great year despite the pandemic. The industry is benefitting from a combination of factors that center around social-distancing and McDonald’s (NYSE:MCD) is right in the thick of it. Read the Full Story |
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Markets | | Real estate investment trusts (REITs) offer a great way for investors to get exposure to commercial real estate investments without having to front up six or seven-figure deposits. A REIT owns, manages, and collects rent from a portfolio of properties, usually of a similar type. Crucially for invest... Read the Full Story |
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The Early Bird Stock Of The Day Marsh & McLennan Cos., Inc. is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services. The Consulting segment offers health, wealth, and career solutions and products, and specialized management, strategic, economic, and brand consulting services. The company was founded by Henry W. Marsh and Donald R. McLennan in 1871 and is headquartered in New York, NY. | View Today's Stock Pick |
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