Find Strong Stocks for the Fall with this First Profit Screener – Investing.com

Find Strong Stocks for the Fall with this First Profit Screener – Investing.com

The S&P 500 and the Nasdaq touched fresh heights to start the week and both indexes broke yet another set of new highs on Tuesday, while the Dow continued its journey higher to come within touching distance of its previous records.

The positivity comes ahead of the Federal Reserve’s annual economic policy meeting later this week. Wall Street also appears happy the FDA gave the Pfizer-BioNTech Covid-19 vaccine full approval, which many hope will encourage more people to get the vaccine.

Last week, Walmart (NYSE:), Target (NYSE:), and many other retail giants posted solid quarterly financials, highlighting the strength of the consumer-driven U.S. economy. Plus, weekly jobless claims hit their lowest levels since March 2020. On top of that, the overall earnings picture continues to improve (also read: Strong Retail Sector Earnings).