Good MorningThe S&P 500 crept up to set another new all-time high on Tuesday as investors bet on economic growth. The S&P 500 advanced about 0.35% lagging the blue-chip Dow Jones Industrial Average and the tech-heavy NASDAQ Composite which posted gains closer to 0.50%. Both the NASDAQ Composite and Dow Jones Industrials are trading at all-time highs as well.
Tuesday’s moves are driven more by hope than anything else. The roll-out of COVID vaccinations in the UK bolstered the idea that vaccines would soon be widely available. In addition, hope that a stimulus bill will be passed by Congress persist despite lingering sticking points. Even if the current bill is passed as written, it is far less than what the market was hoping for and maybe too little too late for the indices.
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Politics | | Britain and the European Union say talks on a free-trade deal are teetering on the brink of collapse, with just over three weeks until an economic rupture that will cause upheaval for businesses on both sides of the English Channel Read the Full Story |
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Markets | | Shares in China’s biggest online health care platform have risen 50% in their Hong Kong stock market debut, reflecting investor enthusiasm for the fledgling industry as the country emerges from the coronavirus pandemic Read the Full Story |
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Markets | | Global stocks and U.S. futures declined Tuesday as surging coronavirus infections in the United States and some other countries tempered investor optimism over development of possible vaccines.
Markets in London, Shanghai, Tokyo and Hong Kong declined. Frankfurt and Paris were little ... Read the Full Story |
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Stocks | | The truth is that the pet industry was strong even before the health crisis, as Americans spent over $95.7 billion on their pets in 2019. That number should increase substantially this year and pandemic has helped to improve the sales of companies offering pet products and services Read the Full Story |
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Stocks | | The Analysts Are Leading The Market Higher
The analyst's upgrades keep rolling in and they are leading the market higher. The good news is that results continue to outpace the analyst's consensus estimates which means the upgrades will keep coming in. Among the latest news is warming sentime... Read the Full Story |
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From Our Partners2020 will go down in history as the year to forget. All thanks to the coronavirus, U.S. elections, wildfires, earthquakes, riots in the streets, economic disarray, a wild hurricane season, lockdowns... the list goes on. However, markets have perked back up in these final weeks of the year. All on news we may be nearing a desperately needed vaccine. With things looking up as we head into 2021, here are the top 5 hot stocks to buy and hold immediately. | Click Here to Download the FREE Report |
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Politics | | Morocco is gearing up for an ambitious COVID-19 vaccination program, aiming to vaccinate 80% of its adults in an operation starting this month that's relying initially on a Chinese vaccine that has not yet completed advanced trials to prove it is safe and effective.
The first injectio... Read the Full Story |
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Politics | | Families of those killed and wounded in a California shooting rampage three years ago are suing manufacturers and sellers of “ghost gun” kits that provide easy-to-assemble firearm parts that make it difficult to track or regulate owners Read the Full Story |
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Markets | |
Rocket Companies (NYSE:RKT) stock exploded following its August 6th IPO. Shares of the online mortgage lender nearly doubled a month after its market debut amid a hearty investor appetite for fresh e-commerce offerings.
Since then the stock has come back down to Earth as the usual IPO euphoria di... Read the Full Story |
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Markets | |
An unexpected winner of the last year has been Palantir (NYSE:PLTR), a company with a fairly unique prospect in the big data analytics stakes. While there have been some who doubt the company's ability to carry on in the current market, and those who look askance at the company's current share pri... Read the Full Story |
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Markets | | Outdoor footwear and apparel manufacturer Wolverine World Wide, Inc. (NYSE: WWW) stock has finally regained its February pre-COVID price levels but is still underperforming the benchmark S&P 500 index (NYSEARCA: SPY). Read the Full Story |
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The Early Bird Stock Of The Day Abercrombie & Fitch Co. engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa. The APAC segment includes operations in the Asia-Pacific region, including Asia and Oceania. The company was founded by David Abercrombie in 1892 and is headquartered in New Albany, OH. | View Today's Stock Pick |
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