Good MorningU.S. stocks ended mixed on Tuesday, paring earlier gains as weakness in technology stocks offset gains made in energy, materials, and financials as investors continue to monitor inflation fears. Treasury yields ticked up as the benchmark 10-year Treasury yield hovered above 1.6%. Investors are waiting to receive a number of new economic data reports about the U.S. labor market, including the May jobs report on Friday, as it signals whether the economy is getting closer to the Federal Reserve's goal of achieving maximum employment before pulling back on monetary policy support.
Economists expect to see about 674,000 jobs created in May, after the much fewer-than-expected 266,000 jobs added in April. Most agree inflation is upon us, while there seems to be some disagreement on the duration and the extent of higher prices. Higher prices, the result of supply shortages, and recovering demand could force the Federal Reserve to hike interest rates and curb asset purchases sooner and you can expect the market to react should that occur. Featured: 5 KEY REASONS to Consider Allied Corp. (OTCQB: ALID)... (IDR Marketing, Inc) 
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Markets | | | Saudi Arabia's key stock market suspended trading Wednesday over what it referred to as an unexplained technical glitch.
Saudi state television reported the trades halting on Riyadh's Tadawul in an urgent on-screen graphic, with an anchor saying officials were trying to fix the probl... Read the Full Story |
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Markets | | | Saudi Arabia's key stock market briefly suspended trading Wednesday over what it referred to as a technical glitch, restoring its services in about a half hours without elaborating.
Saudi state television reported the trades halting on Riyadh's Tadawul in an urgent on-screen graphic, ... Read the Full Story |
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Stocks | | | If you’re going to invest in the oil sector, you must reconcile the continued need for fossil fuels alongside the growth of renewable energy sources. Here are three integrated energy companies that are showing how this "both/and" approach can benefit investors. Read the Full Story |
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From Our PartnersCould the technology behind this odd-looking machine really be the most transformative innovation in history?
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Elon Musk calls it "amazing..."
It's a technology I call "Imperium."
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Markets | | | Television networks media giant Discovery Networks (NASDAQ: DISCA) stock has been pummeled by two events in 2021 leading to shares falling more than (-50%) off their highs. The one-two punch drastically reversed sentiment from euphoric on the climb from $20s to $78s inside of four months to bearish ... Read the Full Story |
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Markets | | | Global shares were mixed on Wednesday after Wall Street reopened from the Memorial Day holiday on a lackluster note.
France's CAC 40 edged up 0.1% to 6,496.01, while Germany's DAX added nearly 0.2% to 15,592.32. Britain's FTSE 100 rose 0.3% to 7,101.57. U.S. shares were set to be mix... Read the Full Story |
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From Our PartnersThis may be the next lithium giant to feed surging global battery demand for EVs! | | | | Continue Reading |
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Tech | | | Huawei is launching its own HarmonyOS mobile operating system on its handsets as it adapts to losing access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on a trade blacklist Read the Full Story |
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Politics | | | Germany's finance minister on Wednesday welcomed an agreement requiring large companies in the European Union to reveal how much tax they paid in which country.
The deal late Tuesday between representatives of the EU's 27 nations and the European Parliament ends five years of haggling... Read the Full Story |
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Markets | | | Ford Motor is staking its future on electric vehicles, with plans to have 40% of its fleet battery powered by 2030. Shares are up more than 6% since the company shared its vision on investors' day on May 26. Read the Full Story |
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Markets | | | Enterprise information technology provider Oracle Corporation (NASDAQ: ORCL) stock has been steadily grinding to all-time highs as post-pandemic growth resumes. As workers return to offices and the reopening gets underway with the acceleration of COVID vaccinations, Oracle shares have been climbing ... Read the Full Story |
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Markets | | | Fast-casual pasta restaurant chain Noodles & Company (NASDAQ: NDLS) stock has staged an impressive rally since bottoming off its pandemic lows, indicating the turnaround has taken shape. Consumer tastes and preferences can be fickle in the food industry as health trends can flip flop instantly. ... Read the Full Story |
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The Early Bird Stock Of The Day GoodRx Holdings, Inc., together with its subsidiaries, offers information and tools that enable consumers to compare prices and save on their prescription drug purchases in the United States. The company operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and access to negotiated prices. It also offers other healthcare products and services, including subscriptions, and pharma manufacturer solutions, as well as telehealth services through the GoodRx Care platform. It serves pharmacy benefit managers who manage formularies and prescription transactions, including establishing pricing between consumers and pharmacies. The company was founded in 2011 and is headquartered in Santa Monica, California. | | View Today's Stock Pick |
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