Pot Stock Burned After Earnings

The Nasdaq and S&P 500 finished the day slightly lower

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6/01/2021 Have you seen our volatility scorecard? Sign up by clicking here! Dow Kicks Off June With 4th-Straight Win By: Fernanda Horner Stocks were mostly higher for the majority of the day Tuesday, as investors returned from the holiday weekend filled with optimism, thanks to dropping Covid-19 cases and higher vaccination rates. The Dow added 45 points -- notching its fourth-consecutive daily win, while the S&P 500 nearly touched its record high before settling just below breakeven. The two benchmarks cut some of their earlier gains, as inflation fears pressured prices lower. Meanwhile, the Nasdaq felt the weight of the troubled tech sector for most of the day, but also finished less than 0.1% lower.  Reopening plays in the travel and hospitality industries were in focus today. Investors were encouraged by an update from the Transportation Security Administration (TSA), which showed a massive increase in air travel over Memorial Day weekend from a year ago. In fact, volumes came in at nearly six times what they were in 2020, though these numbers are still lagging behind what was reported in 2019. Energy stocks also gained, as oil surged to a two-year high to kick off the new month. Continue reading for more on today's market, including: Cloudera stock skyrocketed after a billion-dollar acquisition. This marijuana giant took a hit after its dismal quarterly report. Plus, movie theater stock eyes comeback; MRNA applies for full vaccine approval; and delving deeper into inflation. Share on Read More...       How Are You Trading the "New" Market? As life in America looks to return to normal, how can you succeed in the "new" stock market? With the Tech dip, volatility with interest rates, and fear around the yield curve, it's virtually impossible to guess what will happen next. With VantagePoint you don't have to. Click here to see our free LIVE demonstration and find out how our technology can forecast market trends up to 3 days in advance with up to 87.4% accuracy. Sponsored In Case You Missed It... Here's Why Cooper Companies Stock Valuation May Be Deceiving COO has tacked on 7.5% in 2021 Will Zoom Stock Make it Past the Pandemic? Breaking down the video-chat icon ahead of another earnings report Are This REIT's Fundamentals Overlooked? This REIT has a dividend yield over 4% Canopy Growth Stock Crumbles After Quarterly Report The Canadian pot company reported lackluster fiscal fourth-quarter results Your Live Training registration status Artificial intelligence is one of the most accurate tools ever conceived for maximizing opportunities and avoiding losses in a volatile stock market. But you may be wondering - "What can A.I. do that my own research can't?" Show me how to benefit! Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Before the market opens → Opening View Midday check-in → Midday Market Check Last week's rundown → 5 Minute Market Rundown Analyzing the current market climate → Monday Morning Outlook What's on our CEO's radar this week → Chart of the Week Schaeffer's has a podcast, have you given us a listen?       ADVERTISE // CAREERS // SHOP Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. 5151 Pfeiffer Road Cincinnati, OH 45242 If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.