Good MorningEquity markets began the week on uneven footing after weaker-than-expected data from China renewed fears of slowing global economic growth. The rise of delta covid in China and its impact on retail sales is only the latest risk face by the market but one that could spark another 20% correction. The S&P 500 whipsawed from losses near 1% to small gains by the end of the day.
The market's attention on Tuesday will be firmly on US retail sales. Last week's surprise decline in consumer confidence may foreshadow a weaker-than-expected report. Analysts are expecting sales to decline by -0.2% from the previous month, a weaker-than-expected number could easily send the market moving lower, and retail sales data is not the only risk The market is also looking for earnings reports from Walmart, Target, and Home Depot, any of which could move the market.
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Markets | | Global stock markets and Wall Street futures sank Tuesday amid turmoil in Afghanistan and unease about China's economic outlook after weak July activity.
Investors looked ahead to a speech by Federal Reserve Chairman Jerome Powell for an update on the health of the biggest global econ... Read the Full Story |
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Markets | | Asian stock markets declined Tuesday amid turmoil in Afghanistan and unease about China's economic outlook after weak July activity.
Investors looked ahead to a speech by Federal Reserve chairman Jerome Powell for an update on the health of the biggest global economy. Traders also wer... Read the Full Story |
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Markets | | A choppy day on Wall Street ended Monday with the S&P 500 and Dow Jones Industrial Average notching new highs after recovering from an early slide.
The indexes each rose 0.3%, extending their winning streak to a fifth day, while the Nasdaq fell 0.2%. Technology and health care st... Read the Full Story |
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Stocks | | While the mainstream media is focused on the bigger more important issues at hand the stock market is quietly going about its business. Part of that business is upgrading and downgrading stocks and Monday's news included two upgrades that we find interesting. Read the Full Story |
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Markets | | Finding growing companies with diverse business models such as Sea Limited (NYSE: SE) is one of the smartest ways to generate outsized returns for your portfolio. With that said, it’s important to avoid companies that are over diversified, as this can lead to a lack of focus and edge for a bus... Read the Full Story |
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Tech | | Billionaire Warren Buffett's company has again increased the size of its bet on grocery giant Kroger, while scaling back several of its health care industry investments.
Berkshire Hathaway Inc. said in a quarterly update with regulators Monday that it picked up nearly 11 million shar... Read the Full Story |
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Markets | | Back in July 2020, GoHealth (NASDAQ:GOCO) was being touted as the next major player in the online health insurance space. Eleven months later, some investors are wondering if the company will even survive. Read the Full Story |
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Politics | | CHEYENNE, Wyo. -- Wyoming’s governor says the state will not return to a statewide mask order or mandate vaccination against the coronavirus despite a resurgence of the virus.
Gov. Mark Gordon imposed a statewide mask mandate in December and lifted it in March. He said Monday that man... Read the Full Story |
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Markets | | Weight management products and services provider Weight Watchers International (NYSE: WW) stock was pummeled on its Q2 2021 earnings results. While results were admittedly underwhelming, the guidance shocked investors as shares collapsed. The Company admits that consumer habits are reverting back to... Read the Full Story |
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Stocks | | You know the long list of investment regrets: Not starting to invest soon enough, selling at the wrong time, going for the safe option, et cetera. Learning how to live with investment regrets can be tough, but you can do it. Here's how! Read the Full Story |
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The Early Bird Stock Of The Day NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions. It offers retail electricity and energy management, line and surge protection products, HVAC installation, repair and maintenance, home protection products, carbon offsets, back-up power stations, portable power, portable solar, and portable lighting; retail services comprising demand response, commodity sales, energy efficiency, and energy management solutions; and system power, distributed generation, renewable and low-carbon products, carbon management and specialty services, backup generation, storage and distributed solar, and energy advisory services. In addition, the company trades in power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas. | View Today's Stock Pick |
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