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.
Featured: The Great Bitcoin Meltdown Is Coming. (Legacy Research) 
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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 | | | The United Arab Emirates has announced a major plan to stimulate its economy and liberalize residency for expatriates, as the country seeks to overhaul its finances and attract foreign capital and residents Read the Full Story |
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Politics | | | Global stock markets and Wall Street futures rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices.
London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong rose.
... Read the Full Story |
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Politics | | | Asian stock markets rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices.
Shanghai, Tokyo and Hong Kong, which are the bulk of the region’s market capitalization, advanced. Seo... Read the Full Story |
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Markets | | | It’s always tricky trying to figure out the best way to position ahead of a company’s earnings report, as these binary events can lead to big moves both up and down for the price of a stock. While it might be tempting to add shares ahead of a release, waiting until after a company report... 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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Politics | | | The U.S. government’s top infectious disease expert says he believes delivery of COVID-19 vaccine booster shots will be able to start Sept. 20 for Americans who received Pfizer doses, while Moderna’s may end up rolling out a couple weeks later Read the Full Story |
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Politics | | | Mary Taboniar went 15 months without a paycheck, thanks to the COVID pandemic. A housekeeper at the Hilton Hawaiian Village resort in Honolulu, the single mother of two saw her income completely vanish as the virus devastated the hospitality industry.
For more than a year, Taboniar d... 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 Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India. | | View Today's Stock Pick |
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