Keep This Fintech Stock on Your Radar

The Dow rebounded with a 311-point bounce

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Schaeffer's Market Recap
10/05/2021
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Stocks Bounce Back as Energy, Tech Soar


By: Lillian Currens

Stocks staged an emphatic rebound on Tuesday. The Dow added 311 points, while the S&P 500 and Nasdaq both settled comfortably higher thanks to a tech sector rally. Most large-cap tech names saw sizable jumps, including Facebook (FB), as the FAANG name put out the proverbial fires following yesterday's outage and whistleblower headlines. Energy and reopening stocks also helped lead markets higher today. 

Elsewhere investors are eyeing the current stalemate among lawmakers in Washington D.C. over whether the U.S. should raise or suspend its borrowing limit in order to avoid defaulting on the national debt. Treasury Secretary Janet Yellen warned that an economic recession may be imminent should Congress vote against raising the debt ceiling before a default.  

Continue reading for more on today's market, including:

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Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium


The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.

See how EV demand could create new lithium investment opportunities for you. Sponsored


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