Stocks were mixed Friday, Feb. 1, as the U.S. economy created nearly double the expected number of jobs in January and investors weighed the progress of trade talks between Washington and Beijing.
The Dow Jones Industrial Average rose 64 points, or 0.26%, to 25,064, the S&P 500 rose 0.09%, and the Nasdaq slipped 0.25%. The major indexes closed out January with their best monthly performance in years on Thursday. The Dow jumped 7.2% in January, the blue-chip index's biggest increase in January in 30 years. The S&P 500, up 7.9%, had its best January since 1987.
Ready for the Super Bowl?
What's a "Sean McVay" company/stock? A name that's like the Los Angeles Rams head coach, who at 33 is the youngest head coach ever to helm a squad in the Super Bowl. We're looking for a young upstart that has surprised everyone and has a bright future ahead of it.
Here are the companies that our Real Money contributors and Action Alerts Plus analysts have chosen as their "Sean McVay" of the investing world.
- Zuora (ZUO - Get Report)
- Okta (OKTA - Get Report)
- Canopy Growth (CGC - Get Report)
- Alteryx (AYX - Get Report)
Why This Super Bowl Champ Is Betting on CBD
Terrell Davis, two-time Super Bowl champion talked to TheStreet about CBD and why he decided to partner with Defy.
"I was on anti-inflammatories for many years for not only pain and joint discomfort but for my migraines. And we all know that the long term effects of being on anti-inflammatory medicine is not good. So what we want to do is sort of an all natural solution to the problems that has been in professional sports for a very long time. I myself personally understand the effects of it. I've been on CBD for well over a year now and I can tell you that my body feels great. I have no more inflammation in my body, my knee, and my joint pain is gone. My migraines, I haven't taken migraine medicine for over a year," said Davis when asked how CBD is going to help athletes.
Why Women Aren't Preparing for Retirement
Just how important is retirement for women?
"Women live on average six to eight years longer than men do. Eighty percent of women die single," Sallie Krawcheck, CEO of Ellevest, told TheStreet.
But there are other reasons why women aren't preparing for retirement. Krawcheck explains, "I like to say they call them individual retirement accounts for a reason. And that is as women, we can partially overcome the gender pay gap by investing. We can overcome some of this by focusing on our retirement savings and our retirement investments. And the challenge today is that again, if you go back to our society and the roles that we have historically adopted, the guys manage the money and the women manage the family."