Tag: data

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Historical data sides ‘with the NFC,’ market strategist says

LPL Economic Main Current market Strategist Ryan Detrick joins Yahoo Finance Stay to examine the Tremendous Bowl’s historic relevancy with stock industry tendencies, volatility, correction intervals, and market place vulnerability encompassing Ukraine-Russia and midterm election problems.

Video Transcript

BRAD SMITH: Welcome again, everybody. Is there a correlation among the stock industry and the Tremendous Bowl? Our upcoming guest has operate a historical examination correlating the important moments in the large match to fairness current market selling price motion. There is certainly even a Brady indicator. Properly, probably that is not heading to be in use this yr. Ryan Detrick, who is the LPL Fiscal chief market strategist, joins us now. Ryan, because you can find really knowledge to back again this, who need to traders want to gain the Tremendous Bowl?

RYAN DETRICK: Perfectly, initially off, entire disclosure, suitable? You in all probability shouldn’t make investments in this. This is a exciting issue this time of 12 months that we do. But I will explain to you, you know, you glance back again historically here. The NFC, you know, when you glimpse historically, the NFC does basically a whole lot greater. The inventory market’s up 79{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the time when the NFC wins vs . about 2/3 of the time when the AFC wins. And the returns are actually a tiny bit stronger also for the NFC. So you would say, if you search at heritage, you may well facet with the NFC.

EMILY MCCORMICK: So Ryan, just getting a look at this details, ended up there any exogenous variables, widespread exogenous variables, that had been going on all through several years where by the S&P was beneficial, when the NFC groups did win the Tremendous Bowl, that we could likely place to as a little something that perhaps was the underlying cause for the stock market place climbing?

RYAN DETRICK: You know, I want that there was. But, we seemed. I signify, it is really really enjoyment. I do want to get a little something. I will be ideal again. Here we go. All appropriate. So I do have to display you men one thing. I am a Bengals lover, all proper? So you can find my Joe Burrow Jersey. I’ve been sporting this. They have gained each individual recreation considering that, and I’m originally from Cincinnati. Here’s one particular for you. The AFC, nevertheless, I mentioned it wasn’t all that excellent prolonged-expression. 10 of the previous 11 instances, the AFC received the Tremendous Bowl. The S&P 500 was better, all suitable? So historically, as a Bengal enthusiast, I had to uncover a cause to root for the Bengals. And currently, AFC wins have completed very perfectly.

So it is really a playful thing you chat about. You never want to invest in it. I’ll just say quite speedily, nevertheless, fellas, with the Russia, Ukraine. We appeared at all the key geopolitical occasions that have taken position considering that Entire world War II. Here’s the reality, all proper? You see about a 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} correction. I am conversing World War II. We are speaking 9/11, all these significant items. And in about three weeks, ordinarily, the S&P helps make up for it. So it is really pretty really serious what is actually going on out there correct now in that component of the planet. But from an financial investment level of look at, if the financial state is nonetheless really solid– and we imagine it is– you most likely want to use this as a shopping for prospect likely and to root for the Bengals simply because AFC has finished improved these days.

BRAD SMITH: Okay, and so as we are likely into this game, normally, there are a bunch of other points that you have been capable to track more than the several years. And the Brady indicator– due to the fact I brought that up– I just, for my own edification, would like to know much more about that. I appreciate that you grabbed your Bengals jersey, and you happen to be in all probability loving that you you should not have to encounter Tom Brady or did not have to experience Tom Brady in the operate-up to acquiring to the Super Bowl.

RYAN DETRICK: Which is a very good place. I’m happy he’s not there. You are ideal. But yeah, the Brady one’s a exciting one particular, right? So Tom Brady has created the Super Bowl 10 moments. He’s received it seven instances. Sort of a real simplistic factor we looked at was the Brady indicator. When Tom Brady wins the Super Bowl, the S&P does genuinely very well, like up pretty much double digits. It is when he’s dropped the Super Bowl, you have been down virtually double digits. All over again, this is fully random, but just much more pleasurable. But the Brady indicator would say, if he have been in the activity, you would likely root for him to get if you have been a bowl.

EMILY MCCORMICK: Ryan, on a extra critical note, you introduced up some of the geopolitical considerations that we’re viewing in between Russia and Ukraine right now. I am thinking, indicators aside, what do the fundamentals and the macroeconomic backdrop notify you ideal now about what form of volatility investors really should be anticipating and whether or not we could perhaps be observing a lot more days like currently in the in close proximity to expression?

RYAN DETRICK: Yeah, here is the truth. We probably will see additional times like currently, and not just on the 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} down, probably 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} up. You know, we experienced, previous calendar year, acquired 27{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, only a 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} correction all year. [INAUDIBLE] a pair of instances declaring, listen, this year is not heading to be– we’re not likely to be as spoiled. We believe a 10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} correction, perhaps 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} this 12 months, could take place. And will not forget about, midterm yrs historically are the most unstable of the 4-yr cycle. You see a 17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} peak to trough correction in a midterm year.

But the truth of the matter is, once more, earnings have been super strong this earnings period. I know Facebook dropped a dud. But earnings have been genuinely powerful. And I know currently, the buyer self-confidence selection was not that terrific with the Michigan customer self-confidence, but what we’re viewing, customers are however paying, work opportunities are however sturdy. So the underlying beginnings of this economic system, in our impression, are nevertheless quite, very balanced.

I suggest, seem at the industrial metals. They preserve likely up. I know some of which is inflation. I consider some of that is global demand from customers. In simple fact, I imagine a ton of that’s worldwide desire. Copper [INAUDIBLE] to new highs, aluminum making new highs. I imply, those people are constructive indications, in our check out, of the world wide financial system. So this volatility could be in this article to remain, but we’d adhere with the thesis, this is continue to a world-wide bull industry. Stick with cyclical price. That nonetheless is one particular of our beloved areas.

BRAD SMITH: And so even as we’re sort of taking a seem at the main averages and where they finished on the working day, we were getting some discussion with our marketplaces company a number of minutes in the past and specifically around regardless of whether or not there would still be some of that purchase on the dip kind of sentiment in play, considering now you have the additional threat of the intercontinental tensions escalating to the extent that they have proper now. And we will see to what extent conversations choose put around the weekend concerning the US and Russia. What particularly would you be observing for on any form of get on the dip sentiment in this regard?

RYAN DETRICK: Yeah, very well, it’s been attention-grabbing. You described the market place weak point we’ve seen. What is actually one particular thing we have noticed as current market weakness, right? We’ve observed yields actually go up. We’ve observed engineering not be the risk-free haven that it is been prior to. We’ve noticed financials and vitality do very well. So the concept of the market, there is certainly– I dislike to say this time is distinct, but really, considering that a QE earth 13 years in the past, this weakness, we are seeing a distinctive reaction. So I assume traders will need to be aware of that.

But also, you know, the S&P is just trading sort of in between its 200-day and 50-working day going typical, type of just likely sideways, genuinely. We are almost likely nowhere since September, Ok, if you search at the S&P truthfully. So sure, it can be not perfect. We’re down for the yr. The NASDAQ is down, like, 12{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the calendar year right after a huge rally. So just some consolidation.

The to start with and 2nd quarter, yet again, of a midterm year, fellas, is like two of the weakest quarters out of all 16 quarters of a four-12 months presidential cycle. So just kind of be knowledgeable of these items, but however, when all is said and accomplished, earnings are justifying matters. Technological innovation earnings have been wonderful, proper? I imply, we have found some really potent earnings throughout the board. That suggests we are not possibly going to slide into a recession at any time soon, in our belief.

BRAD SMITH: All correct, Ryan Detrick, LPL Money main market place strategist, signing up for us right here now. He’s acquired the jersey. He’s acquired the jersey–

RYAN DETRICK: Maintain my Burrow jersey up one particular additional time. There it is. There you go.

BRAD SMITH: You just need a cigar now, and you have got the entire outfit, I suppose.

RYAN DETRICK: I hope so. I hope so.

BRAD SMITH: [INAUDIBLE] Certainly. Ryan, take pleasure in the time.

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Stocks turn higher ahead of busy earnings, data week

Stock rose during a choppy session at the start of another busy week for corporate earnings and fresh economic data, as investors continue to assess the Federal Reserve’s path forward for monetary policy.

The S&P 500 extended gains after posting its best weekly rise of the year last week. The Dow also turned positive, while the Nasdaq was little changed in afternoon trading.

After last week’s rollercoaster trading — with stocks sliding following Meta Platforms’ (FB) disappointing outlook, and then rebounding sharply following Amazon’s (AMZN) earnings beat — investors are poised to receive another hefty batch of corporate earnings results. Companies including Disney (DIS) to Uber (UBER), Lyft (LYFT), Pfizer (PFE) and Coca-Cola (KO) are each set to report quarter results in the coming days. Peloton (PTON) will also post results amid reports that companies including Amazon and Nike (NKE) are considering making bids to purchase the fitness technology company.

Heading into this week, just over half of S&P 500 companies had reported actual quarterly earnings results. The expected growth rate for aggregate S&P 500 earnings stood at 29.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, according to data from FactSet on Friday. If maintained for the next several weeks of the earnings season, this would mark the fourth straight quarter that earnings grow by more than 25{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

And on the economic data front, this week’s Consumer Price Index (CPI) due out Thursday will serve as one key report helping market participants determine the next moves from the Federal Reserve to curb rising prices.

Consensus economists are looking for the CPI to rise by 7.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on an annual basis for January, marking the fastest rise in prices since 1982. Such a result would further add fuel to the narrative that the U.S. economy has recovered sufficiently, and is now running hot enough, to warrant an aggressive pivot to tightening from the Fed. Last week’s much better-than-expected jump in payrolls in the Labor Department’s January jobs report also underscored the extent of the recovery.

“Following the stunning performance of the January employment report, the coming week’s key release is likely to be Thursday’s January CPI report as it will provide policymakers and market participants insight about inflation amid furthering signs of persistent, elevated price pressures that, in turn, support expectations for hawkish monetary policy actions initiating in March,” Sam Bullard, Wells Fargo senior economist, wrote in a note on Sunday.

“Further increases in inflation expectations, particularly longer-term expectations, would only add more pressure on the Fed to act in March and uncertainty over the path of rate hikes,” he added.

And indeed, market participants have increasingly priced in the likelihood that the Federal Reserve will ultimately raise interest rates five times in 2022, marking an increase from the just three interest rate hikes the central bank itself had telegraphed in December. Some investors have also suggested that the Fed might hike rates by 50 basis points after its March policy-setting meeting rather than by a quarter-point, which would mark the first move of such a magnitude since 2000.

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2:21 p.m. ET: Stocks rise in intraday trading

Here’s where stocks were trading Monday afternoon:

  • S&P 500 (^GSPC): +6.33 (+0.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,506.86

  • Dow (^DJI): +147.16 (+0.42{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 35,236.90

  • Nasdaq (^IXIC): +1.44 (+0.01{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,099.44

  • Crude (CL=F): -$1.17 (-1.27{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $91.14 a barrel

  • Gold (GC=F): +$14.00 (+0.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,821.80 per ounce

  • 10-year Treasury (^TNX): -1.1 bps to yield 1.921{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

12:16 p.m. ET: Meta Platforms shares slide for third straight day

Shares of Meta Platforms (FB) tracked toward a third consecutive day of declines, with the stock’s cumulative drop over this period nearing 30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The stock has continued to slide in the aftermath of the company’s disappointing quarterly outlook delivered last Wednesday afternoon. Meta Platforms said it expected to have first quarter sales come in between $27 billion and $29 billion, falling short of the $30.25 billion consensus analysts were expecting. Daily active users and monthly active users each also fell short of expectations for the fourth quarter.

Meta Platforms cited a combination of increased competition from other social media players like TikTok and Snap, and changes to Apple’s iOS privacy system, for the disappointing results.

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10:16 a.m. ET: Bitcoin prices extend gains, topping $43,000

Bitcoin prices (BTC-USD) rose for a fifth straight day on Monday, heading for its longest winning streak since early September as a rebound in equities and other risk assets extended to cryptocurrencies.

Prices for the largest cryptocurrency by market capitalization were up 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to more than $43,400 Monday morning in New York. This brought Bitcoin to its highest level since January 15, according to Bloomberg data.

Other smaller cryptocurrencies also rallied. Prices for the meme coin Shiba Inu (SHIB-USD) jumped nearly 40{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} Monday morning, while Solana (SOL-USD) gained nearly 8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

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9:38 a.m. ET: Peloton shares gain 27{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} amid acquisition reports

Peloton (PTON) shares rose by nearly 30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} just after market open Monday morning amid reports that the fitness technology company had attracted interest among several major companies for a potential takeover.

The Financial Times and Wall Street Journal reported Friday that both Nike and Amazon were considering making bids to purchase Peloton. Peloton shares have fallen 83{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the past 52 weeks as the company signaled demand was beginning to wane for its connected at-home stationary bike and treadmill products. The company has also recently received a sharp rebuke from activist investment firm Blackwells Capitals, which called for Peloton CEO John Foley to be removed amid the stock’s slide.

Despite the stock pop following reports of the deal, some Wall Street analysts expressed skepticism that such a deal would actually go through.

“We believe any deal is unlikely given (i) PTON’s dual class share structure, with a handful of insiders holding the vast majority of super-voting shares; (ii) co-founder / CEO Foley’s long-term vision for capturing burgeoning Connected Fitness TAM [total addressable market] is still in early innings, with expansion across verticals & geos in coming years, as well as likely higher penetration of broader home fitness market over time; and (iii) poor potential fit with reported suitors, including Amazon,” Cowen analyst John Blackledge wrote in a note early Monday.

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9:31 a.m. ET: Stocks rise at the open

Here’s where stocks were trading just after the opening bell:

  • S&P 500 (^GSPC): +6.67 (+0.15{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,504.12

  • Dow (^DJI): +57.38 (+0.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 35,147.12

  • Nasdaq (^IXIC): +15.79 (+0.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,113.80

  • Crude (CL=F): -$0.81 (-0.88{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $91.50 a barrel

  • Gold (GC=F): +$8.70 (+0.48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,816.50 per ounce

  • 10-year Treasury (^TNX): -1.3 bps to yield 1.919{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

7:34 a.m. ET: Monday: Stock futures mostly higher

Here’s where markets were trading Monday morning:

  • S&P 500 futures (ES=F): +3 points (+0.07{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 4,495.50

  • Dow futures (YM=F): -4 points (-0.01{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 34,974.00

  • Nasdaq futures (NQ=F): +23.25 points (+0.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,708.75

  • Crude (CL=F): -$0.69 (-0.75{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $91.62 a barrel

  • Gold (GC=F): +$6.30 (+0.35{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,814.10 per ounce

  • 10-year Treasury (^TNX): -0.7 bps to yield 1.925{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

NEW YORK, NEW YORK - FEBRUARY 04: Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Following a strong jobs report, stocks still slid in morning trading with the Dow Jones Industrial Average down over 60 points as volatility in tech markets unsettled investors. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK – FEBRUARY 04: Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Following a strong jobs report, stocks still slid in morning trading with the Dow Jones Industrial Average down over 60 points as volatility in tech markets unsettled investors. (Photo by Spencer Platt/Getty Images)

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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter

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What is a Good Master’s in Data Science Salary?

GRADUATE STUDIES | 7 MIN Browse

Illustration showing a woman and man analyzing points of data, a skill that will help them earn a good master's in data science salary.

As engineering booms, so do occupation opportunities—and earning potential—in data science.

By 2030, work in business and finance is believed to mature by 8 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, which will produce about 750,800 new employment, according to the U.S. Bureau of Labor Data (BLS). As organizations and corporations improve, so will the want for people today who can manage and assess info to assist firms make required decisions—people like facts experts, info analysts and data system supervisors.

Data experts and those in related roles generally have a Master’s in Facts Science and Analytics, and with the diploma, a broad assortment of salary selections. If you’re wanting to established oneself up to prosper in the business enterprise, authorities or non-profit sectors, earning a graduate diploma or certificate in info science is one particular way to do it—and receive the information science salary you have earned.

Master’s in Facts Science Income: A Glimpse at the Figures

Some data science professions only require a bachelor’s degree or knowledge science certification. However, an applicant with a graduate-stage diploma is all the extra aggressive.

If you are wondering about how to get a occupation in info science and what a master’s in info science income may well seem like, a host of alternatives can be accessible to you right after graduation. Listed here are just a handful of to take into consideration:

  • Data Researchers and Mathematical Science Occupations: $100,000 or extra.
    People doing the job as knowledge experts or in related occupations get paid an regular of $103,930, in accordance to a May well 2020 BLS report. Based on the marketplace, you could also possibly generate much more. For occasion, all those performing in scientific investigation and enhancement providers make an normal wage of $109,610, the BLS reports. In the laptop or computer programs design and style and associated industries, the regular income climbs to $111,490.
  • Computer and Info Analysis Researchers: $127,000.
    In accordance to the BLS, with a pc science or related degree, laptop and information and facts analysis experts gained a median master’s in knowledge science income of $126,830 per yr in 2020. Employment in these fields are anticipated to improve by 22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} as a result of 2030, which is substantially quicker than common, which is fantastic information if you’re hunting into how to get a details science career now.
  • Operations Investigation Analysts: $86,000.
    In 2020, functions exploration analysts attained a median income of $86,200, according to the BLS. This do the job is sophisticated, so even though entry-degree positions tend to require bachelor’s degrees by itself, quite a few businesses might prefer to use candidates with master’s levels in business enterprise, operations exploration, analytics, computer system science, or a different complex or quantitative subject. Become a competitive applicant and place you for success—and a master’s-stage salary in info science—through a graduate system in info science.
  • Industry Exploration Analysts: $66,000.
    If you are considering about how to get a job in data science, market study can be a difficult but enjoyable put to begin. In 2020, analysts functioning in sector study acquired a median wage of $65,810 per calendar year, in accordance to a BLS report. Some organizations and businesses could employ the service of market place exploration analysts who carry a bachelor’s diploma by itself, but some positions may well call for a master’s diploma, in accordance to the BLS. Earning a graduate diploma could give you the edge you need in this competitive and complex field—and help you get paid a master’s in knowledge science salary, far too.
  • Fiscal supervisors, analysts and possibility professionals: $84,000.
    If you are searching into how to get a occupation in information science that allows you to do a range of tasks, finance leaders are now carrying out almost everything from business enterprise technique to risk administration, according to the BLS. Entry-degree money analyst positions commonly call for bachelor’s degrees but earning a graduate diploma in knowledge science or a equivalent industry will illustrate your expertise to opportunity companies. Moreover, money analysts earned a median wage of $83,660 in 2020, according to the BLS.

A data science master’s plan can make you a aggressive applicant for these positions, progress your occupation and possibly support you earn a better salary. Completing a data science master’s degree software not only reveals your long run businesses that you’ve invested in your training, but that you are an professional in the industry, far too.

The diploma application you entire may possibly also make a difference to your long run businesses. At Elmhurst University, our Master of Information Science and Analytics method is STEM-designated. This means the U.S. Division of Homeland Protection acknowledges it as a master’s in facts science method that focuses on science, technological innovation, engineering and math.

Master’s stage coursework covering subject areas this kind of as enterprise intelligence, data mining and predictive modeling will help you develop the sound foundation you will will need to assemble, assess and interpret knowledge, and advise companies dependent on your conclusions. Simply because you’ll turn out to be effectively-versed in so quite a few locations of data science, you are going to be very well on monitor to figuring out how to get a position in knowledge science. Your encounter degree, geographic place and employer also play a function in your salary. However, earning a graduate diploma will clearly show your possible companies that you’re fully commited to the subject, can juggle various responsibilities, can full important jobs and a lot more.

How to Get a Work in Details Science and Unlock your Earning Likely

If you’re wanting to know how to get a facts science work, seem no further more: It all begins with locating the best info science master’s method for you. Glimpse for a method that aligns with your pursuits and also assists get ready you to enter a vast range of industries, such as finance, company or overall health treatment. Applications like Elmhurst University’s Master’s in Information Science and Analytics meld with each other many procedures and industries, from computer science to management, and offer you functional knowledge in the discipline. Our application also integrates analytics and device learning with organization, which will aid make you far more marketable soon after graduation.

In a master’s in knowledge science and analytics plan, you will acquire indispensable skills in stats, analytical strategies, programming and business enterprise to enable you faucet into and interpret info in approaches other people simply cannot. These abilities can assistance you stand out among the other occupation candidates as you figure out how to get a career in facts science.

If you select Elmhurst University for your graduate scientific tests in information science, you will also build a portfolio of tasks to support you gain employment. A portfolio strengthens your resume and can support you determine out not only how to get a facts science occupation, but how to generate the master’s in facts science wage you want, as very well.

Throughout your graduate experiments, you will navigate your coursework with instructors who’ve labored in small business, infrastructure and programming. Their abilities and working experience, paired with their assistance, can aid you figure out how to get a data science job. This versatile, on the net application will enable you understand knowledge science ideas and abilities you can utilize in just about any marketplace. And, if you are not all set for a master’s degree in data science really yet, a graduate certificate in facts science can assistance you obtain the capabilities you will need to get on your way to a master’s in details science salary.

Increased Education, Higher Earnings

As the age-old indicating goes, the more you find out, the much more you receive. A BLS report notes that as workers’ instructional attainment rises, so do their earnings.

At Elmhurst, we know that figuring out how to get a position in info science means starting up with the most effective details science master’s applications. A lot of graduates of our Master’s in Info Science and Analytics method are earning a master’s in knowledge science salary as they get the job done in a selection of sectors, from organization to health care to big league sports activities. By way of our software, they realized how to get a info science occupation at significant, profitable conglomerates these types of as Monsanto Company, Dell, Nationwide Coverage, Important League Soccer, Memorial Sloan Kettering Cancer Centre, the American Dental Affiliation and other people.

In the long run, the best way to find out how to get a occupation in facts science is by means of a graduate program that will work for you. Ask for data about our on line Learn of Info Science plan right now.

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Stock futures climb after strong economic data helps ease Omicron concerns

The S&P 500 closed at a record on Thursday in a pre-holiday rally along with the Dow and Nasdaq, buoyed by positive data that suggested the Omicron variant was less likely to lead to hospitalizations. The indexes recouped losses from earlier this week after investors shrugged off worries the variant would stunt economic recovery.

The S&P closed at an all time high of 4,725.72, while the Dow ended the week just shy of 36,000. The Nasdaq Composite also closed 130 points up, or 0.85{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

“One of the ways pandemics end is significant mutation of the virus. It looks like Omicron may be our friend in that regard, significant mutations different enough from the parent that it doesn’t make people as sick,” True Health Initiative President Dr. David Katz told Yahoo Finance Live.

In other positive news on the COVID-19 front, Merck (MRK) received authorization from the U.S. Food and Drug Administration for its at-home COVID-19 drug, just one day after Pfizer (PFE) was also approved for use of its own treatment.

The pill developed by Merck in conjunction with Ridgeback Biotherapeutics, called molnupiravir, was shown to reduce hospitalizations and deaths by around 30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in clinical trial data. Pfizer’s pill was reported to be 90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} effective at preventing hospitalizations and deaths in high-risk patients.

Shares of Merck closed down 0.54{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in early trading at $75.75 a piece, while Pfizer’s stock closed at $58.66 per share, down 1.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Investors weighed a trove of economic releases ahead of the holiday weekend.

The Labor Department reported that initial jobless claims totaled 205,000, sustaining a downward trend from the highs of their pandemic peak and reflecting labor market tightness brought on by a demand for workers heading into the new year. The latest print brings the four-week moving average for new claims to its lowest in 52 years, ticking up by 2,750 week-over-week to reach 206,250.

Meanwhile, U.S. consumer prices accelerated at the fastest pace in nearly four decades as shoppers confront rising inflation levels ahead of the holidays.

“Workers have a lot of power, and that’s likely to result in continued wage gains,” Girard chief investment officer Timothy Chubb told Yahoo Finance. “What worries us from an inflation standpoint is, at what point do we potentially see some of those inflation risks sort of hand the baton to the labor market?”

Meanwhile, November sales of new U.S. homes jumped 12.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to a seven-month high of 744,000, buoyed by low mortgage rates and higher demand in the housing industry.

U.S. durable goods orders rose by 2.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in November, up from the prior month, boosted by a sharp rise in aircraft orders.

In Wednesday’s trading session, investors weighed an upbeat print on consumer confidence levels and the release of an upwardly revised estimate for domestic GDP, placing all three major averages in the green after a mixed open.

The Conference Board reported consumer confidence increased by a greater-than-expected margin in December, with the headline index at 115.8 during the month and higher than Bloomberg’s consensus estimates of 111.0. In November, the index had a reading of 111.9, revised from an initial report of 109.5. Meanwhile, the nation’s gross domestic product grew at an annual rate of 2.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter in the final estimate from the Bureau of Economic Analysis after the initial report of 2.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments global head of equities told Yahoo Finance Live. “We think that the real debate should be about the length and strength of the economic cycle ahead.”

Thursday’s market gains may be the start of the year-end Santa Claus Rally — one in which stocks climb higher in the final seven trading sessions of a year, plus the first two trading days of the new year. Starting today, traders are looking to see whether nearly a century of data will uphold.

For reasons unclear, over the past 92 years, the S&P 500 gained 77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the time during the year-end rally period, according to data from Sundial Capital Research. The average gain in this nine-day trading period tallied 2.66{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

4:00 p.m. ET: S&P 500 closes at a record

Here were the main moves as markets closed ahead of the Christmas weekend:

  • S&P 500 (^GSPC): +29.16 (+0.62{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,725.72

  • Dow (^DJI): +196.57 (+0.55{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 35,950.46

  • Nasdaq (^IXIC): +131.48 (+0.85{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 15,653.37

  • Crude (CL=F): +$1.13 (+1.55{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $73.89 a barrel

  • Gold (GC=F): +$7.90 (+0.44{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,810.10 per ounce

  • 10-year Treasury (^TNX): +3.6 bps to yield 1.4930{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

12:32 p.m. ET: S&P 500 climbs to new high

Here were the main moves during intraday trading:

  • S&P 500 (^GSPC): +32.83 (+0.70{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,729.39

  • Dow (^DJI): +230.23 (+0.64{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 35,984.12

  • Nasdaq (^IXIC): +128.35 (+0.83{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 15,650.25

  • Crude (CL=F): +$0.92 (+1.26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $73.68 a barrel

  • Gold (GC=F): +$6.80 (+0.38{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,809.00 per ounce

  • 10-year Treasury (^TNX): +3.6 bps to yield 1.4930{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

10:21 a.m. ET: New homes sales rise to highest since April

November sales of new U.S. homes jumped 12.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to a seven-month high. The Census Bureau reported that new home sales rose 82,000 last month from October to 744,000, buoyed by low mortgage rates and higher demand in the housing industry.

Forecast ranged between 737,000-850,000 across 51 estimates, with a median of 770,000, according to Bloomberg data.

The median sales price of a new home sold in November was $416,900, 14.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} higher than a year ago.

—

9:30 a.m. ET: Markets open higher following economic releases

Here were the main moves in markets at open Thursday morning:

  • S&P 500 (^GSPC): +10.69 (+0.23{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,707.25

  • Dow (^DJI): +102.67 (+0.29{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 35,856.56

  • Nasdaq (^IXIC): +180.81 (+1.18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 15,521.89

  • Crude (CL=F): +$0.12 (+0.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $72.88 a barrel

  • Gold (GC=F): +$5.30 (+0.29{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,807.50 per ounce

  • 10-year Treasury (^TNX): +0.5 bps to yield 1.4620{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

9:07 a.m. ET: Consumer prices accelerate, while spending slows

U.S. consumer prices accelerated at the fastest pace in nearly four decades. The Commerce Department reported an increase of 5.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the past 12 months, reflecting the fastest gain in 39 years as shoppers confront rising inflation levels ahead of the holidays. 

Meanwhile, personal spending rose 0.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in November, a slowdown from last month’s print of 1.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The figure, which accounts for 70{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of economic activity, comes amid the latest wave of COVID-19 cases, hinting at the possibility of a broader economic slowdown. 

Personal incomes rose 0.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in November, down slightly from the 0.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} increase in October.

—

8:42 a.m. ET: Durable goods orders beat expectations

U.S. durable goods orders rose by 2.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in November, up from the prior month, boosted by a sharp rise in aircraft orders.

Core capital goods orders, a measure of business investment in equipment that excludes aircraft and military hardware, fell 0.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} after an upwardly revised 0.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} increase in October, according to Bloomberg.

The median Bloomberg estimates projected a 0.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} increase in core capital goods orders and a 1.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} rise in total durables bookings.

—

8:30 a.m. ET: First-time unemployment filings remain at pre-pandemic levels

Initial jobless claims remained at pre-pandemic lows, sustaining a downward trend from the highs of their coronavirus peak and reflecting labor market tightness brought on by a demand for workers heading into the new year.

The Labor Department reported on Thursday that new initial jobless claims totaled 205,000 for the week ending December 18, on par with consensus estimates. The latest print brings the four-week moving average for new claims to its lowest in 52 years, ticking up by 2,750 week-over-week to reach 206,250.

“The direction in the labor market recovery remains positive, with demand still strong,” Rubeela Farooqi, chief economist for High Frequency Economics, wrote in a note. “Labor shortages are persisting, preventing a stronger recovery, although these appeared to ease somewhat in November.”

—

7:00 a.m. ET: Contracts on Dow, S&P, and Nasdaq edge higher ahead of open

Here’s how markets were moving in early trading on Thursday:

  • S&P 500 futures (ES=F): +13.75 points (+0.29{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 4,699.75

  • Dow futures (YM=F): +107.00 points (+0.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 35,739.00

  • Nasdaq futures (NQ=F): +34.75 points (+0.21{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 16,204.50

  • Crude (CL=F): +$0.20 (+0.27{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $72.96 a barrel

  • Gold (GC=F): +$5.20 (+0.29{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,807.40 per ounce

  • 10-year Treasury (^TNX): +0.08 bps to yield {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} 130.66

—

6:01 p.m. Wednesday ET: Stock futures flat ahead of overnight trading

Here’s how markets were moving in late trading on Wednesday:

  • S&P 500 futures (ES=F): +4.00 points (+0.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 4,690.00

  • Dow futures (YM=F): +19.00 points (+0.05{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 35,651.00

  • Nasdaq futures (NQ=F): +11.05 points (+0.07{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 16,181.25

  • Crude (CL=F): +$0.30 (+0.41{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $73.06 a barrel

  • Gold (GC=F): +$3.00 (+0.17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,805.20 per ounce

  • 10-year Treasury (^TNX): +0.06 bps to yield {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} 161.4375

—

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

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Stock futures edge up as investors await inflation data

Stock futures opened higher Thursday evening as investors awaited a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week. 

Contracts on the S&P 500 gained. Earlier, the blue-chip index closed out the regular session in the red after three consecutive days of gains, with concerns over Omicron beginning to ease as new developments suggested the variant may not cause as severe of infections as previously feared. The Nasdaq dropped 1.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the regular trading day, but was still on track for a weekly return of nearly 2.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} after posting solid gains earlier this week. 

Investors on Friday are set to receive the Labor Department’s latest Consumer Price Index (CPI), which is expected to show another multi-decade high rate of inflation for November. Consensus economists are looking for the CPI to climb by 6.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in November over last year, or the fastest annual rate since the 1980s. And even excluding more volatile food and energy prices, the core CPI likely rose by 4.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over last year, or the fastest rate in about three decades.  

“We think that inflation is still going to be pretty broad when we see tomorrow’s report,” Luke Tilley, Wilmington Trust chief economist, told Yahoo Finance Live on Thursday. “But what we’re looking for is a deceleration as we go forward over the course of 2022.”

“That doesn’t mean prices are going to go down, it’s just a question of, are they going to go up as much in 2022 as in 2021 without the kind of fiscal stimulus we’ve had this year? And we don’t think that that’s going to happen, because it won’t be as much of a push on the demand side,” he added. “And then on the supply side, we’re looking for the labor market to improve, more people returning to work, and of course the delivery and the ports to improve.”  

Other recent data have further underscored the present tightness on the supply side of the economy. Weekly U.S. jobless claims plunged more than expected to reach the lowest level since 1969 last week, coming in even below pre-pandemic levels. And U.S. job openings came in at more than 11 million for only the second time on record in October.  

“Wage increases are probably on the agenda for next year. That’s part of the broadening of inflationary pressures that we’ve already started to see come through in some of that CPI data,” Seema Shah, Principal Global Investors chief strategist, told Yahoo Finance Live on Thursday. “But I have to say that we’re not so worried because we’re starting to see other parts of the inflation picture actually starting to fade. So at the end of next year, 12 months from now, we’re not expecting the kind of 6-7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} CPI numbers that we may see tomorrow. We’re thinking more the 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} level for 12 months time.” 

Given the backdrop of elevated inflation, Federal Reserve officials have adopted more hawkish rhetoric about the monetary policy path forward. Some pundits suggested more rotation could occur in U.S. equity markets beneath the surface as investors price in expectations for tighter Fed policy to rein in inflation. The Federal Open Market Committee is slated to hold its final two-day monetary policy-setting meeting of the year next week. 

“If we go back to the bulk of the second half of 2020 and for much of this year, the pendulum of risk-on, risk-off in the market was really simply occurring just below the surface of the index, of the S&P 500 —meaning that when there was a risk-on rally, it was value and it was cyclicals,” Craig Fehr, principal and leader of investment strategy for Edward Jones, told Yahoo Finance Live on Thursday. “And when it was risk-off and the risk appetite was declining, it was tech that was the safe haven.”

“What we’re seeing is a transition now, particularly as the Fed is signaling a withdrawal of some of this excess liquidity and stimulus that’s been in place for quite some time,” he added. “The market isn’t going to run directly into high-valuation, perhaps tech names broadly like it has over the past year-and-a-half. I think we’re going to see more discernment.” 

—

6:25 p.m. ET Thursday: Stock futures open higher 

Here were the main moves in markets in late trading on Thursday:

  • S&P 500 futures (ES=F): +6.5 points (+0.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 4,673.50

  • Dow futures (YM=F): +34 points (+0.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 35,787.00

  • Nasdaq futures (NQ=F): +25.25 points (+0.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 16,174.00

NEW YORK, NEW YORK - DECEMBER 08: Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Following news from the pharmaceutical company Pfizer on the effectiveness of its vaccine against the Omicron COVID-19 variant, the Dow Jones Industrial Average rallied nearly 100 points in morning trading on Wednesday. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK – DECEMBER 08: Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Following news from the pharmaceutical company Pfizer on the effectiveness of its vaccine against the Omicron COVID-19 variant, the Dow Jones Industrial Average rallied nearly 100 points in morning trading on Wednesday. (Photo by Spencer Platt/Getty Images)

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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter

Posted on

Stock futures edge lower ahead of inflation data

Stock futures dipped Tuesday evening, holding lower following an extended rout in technology stocks. Investors also anxiously awaited a packed slate of economic data results out Wednesday before a holiday market closure. 

Rising interest rates coincided with a selloff in tech and growth stocks for a second day this week, with the Nasdaq dropping another 0.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} after Monday’s more than 1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} decline. The Dow held up strongly and added nearly 200 points, with energy and financials stocks outperforming. The 10-year Treasury yield rose to near 1.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. 

“Initially, the markets were happy with the FOMC decision [for Fed Chair Jerome Powell’s renomination] in the sense that it was sort of a continuity play to some degree. But then rates started to rise, and a lot of folks read rising rates as negative for big-cap tech,” Stuart Kaiser, UBS head of equity derivatives research, told Yahoo Finance Live. “So I think the tradeoff we’re going to have here is that, tech has been market leadership — it’s obviously a strong earnings growth and free cash flow engine for U.S. equities — but if you believe it’s going to come under pressure from higher yields, then you end up with kind of a difficult Catch-22.”

Investors are set to receive a deluge of economic data on Wednesday ahead of the Thanksgiving Day market holiday, with both the U.S. stock and bond markets set to close all day Thursday. These reports will include weekly jobless claims, along with the second estimate of third-quarter U.S. GDP. And importantly, the Bureau of Economic Analysis will release the October personal consumption expenditures (PCE) deflator, offering an updated look at the extent of the price increases still reverberating through the U.S. economy. 

The headline PCE deflator is expected to rise by 5.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in October over last year for its fastest annual growth rate in more than three decades. Taken in tandem with a bevy of other data pointing to persistently high inflation, investors are speculating that the Federal Reserve will step in and raise benchmark interest rates from their near-zero levels next year to try and stem rising prices. 

According to other analysts, the market action this week — with a renewed rotation away from technology and growth stocks in the face of rising rates — could presage the investing environment for next year. 

“Today might be an example of what we see more of next year as the Fed moves into a mode of withdrawing liquidity from the markets and ending these pandemic-era policies, perhaps with rate hikes at the end of the year,” Jeffrey Kleintop, Charles Schwab chief global investment strategist, told Yahoo Finance Live. “And that means higher-valuation stocks, well, they tend to not do as well in environments of rising interest rates and tighter financial conditions.” 

“So you may want to look to be in those sectors that are maybe trading closer to their average valuations, looking to leadership like financials, energy,” he added. “The only caveat to that is when we see these upticks in COVID cases globally, it tends to favor those lockdown defensives like technology.” 

—

6:16 p.m. ET Tuesday: Stock futures open lower 

Here’s where markets were trading Tuesday evening:

  • S&P 500 futures (ES=F): -4.75 points (-0.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 4,683.75

  • Dow futures (YM=F): -27 points (-0.08{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}), to 35,739.00

  • Nasdaq futures (NQ=F): -17.25 points (-0.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 16,294.75

NEW YORK, NEW YORK - NOVEMBER 15: A trader works on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Following positive economic news out of China, stocks were up in morning trading on Monday with investors looking at retail sales and earnings results out from major U.S. companies later this week. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK – NOVEMBER 15: A trader works on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Following positive economic news out of China, stocks were up in morning trading on Monday with investors looking at retail sales and earnings results out from major U.S. companies later this week. (Photo by Spencer Platt/Getty Images)

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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter