Good MorningEquity markets edged higher on Thursday to set new all-time highs for the S&P 500 index. The broad market index traded within a very tight range following a round of better than expected economic data. The Factory Orders data came in a tenth hotter than expected at 0.4% following last month’s 1.5% increase. The gains suggest slowing activity but continued economic expansion and at a rate greater than forecast.
On the employment front, the weekly jobless claims data came in better than expected and set the lowest level since the pandemic began. The claims data suggests Friday’s non-farm payrolls figure will be good as well. The analysts are expecting more than 700,000 new jobs were created in August, nearly double the amount indicated by the ADP report earlier in the week.
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Stocks | | there are some added factors to consider when buying companies based outside of the United States, but almost every investment comes with some form of risk. In the end, owning quality companies regardless of where they are based will be a winning long-term investment strategy. Read the Full Story |
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Politics | | Global stock markets were mixed Friday as investors waited to see whether U.S. hiring in August was weak enough to persuade the Federal Reserve to postpone the winding down of economic stimulus.
Tokyo advanced after Wall Street hit its second record this week. Shanghai and Hong Kong d... Read the Full Story |
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Tech | | Americans have become obsessed with collectibles, bidding up prices for trading cards, video games and other mementos of their youth. The frenzy has brought small fortunes to some, but a deep frustration for those who still love to play games or trade cards as a hobby.
Among the item... Read the Full Story |
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Politics | | The future looked promising for Tinashe Mapuranga, an intern at a leading bank in Zimbabwe who appeared set to get a staff position as soon as he completed his college degree. Then the COVID-19 pandemic hit.
Amid the lockdowns, the 24-year-old was one of the first to be laid off and h... Read the Full Story |
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Stocks | | All of this supports the idea that adding shares of the best homebuilder stocks could be a smart decision, especially with the way that many of these stocks have been consolidating over the last few months. Read the Full Story |
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Markets | |
Tired of the same old, same old? Rather than staring FAANG stocks in the face or monitoring your same portfolio on a daily basis (snore!) you might want to consider some other options to liven up your portfolio.
As with any investment, consider your timeline and risk tolerance. Consider the... Read the Full Story |
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Tech | | E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping’s campaign to spread China’s prosperity more evenly, adding to pledges by tech companies that are under pressure to pay for the ruling Communist Party's political initiatives.
Alibab... Read the Full Story |
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Tech | | E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping’s campaign to spread China’s prosperity more evenly, adding to pledges by tech companies that are under pressure to pay for the ruling Communist Party's political initiatives.
Alibab... Read the Full Story |
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Markets | |
Fairly Valued Five Below Gets Cheaper
Shares of Five Below (NASDAQ: FIVE) entered a correction two weeks ago when Morgan Stanley downgraded the stock to Equal Weight from Over Weight. The reasoning was simple and shouldn’t have sparked the correction it did. According to Morgan Stanle... Read the Full Story |
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Markets | | Live entertainment operator Live Nation (NYSE: LYV) stock has been a strong 2021 performer as the reopening gets underway with the acceleration of COVID vaccinations. Concerts and live performances were an epicenter segment during the COVID-19 pandemic as capacity restrictions and stay-at-home manda... Read the Full Story |
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The Early Bird Stock Of The Day National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom. | View Today's Stock Pick |
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