Markets

Stock Market Today: Upbeat Economic Data Cheers Investors

DOW, AXP among Dow Jones' top performers

The stock market largely ignored unrest across the nation for a second straight day, clawing out small gains as investors focused instead on states' continued efforts to reopen their economies.

A steady drip, drip, drip of positive data -- including improvements in "TSA air travel activity, hotel occupancies, seated diners, and gasoline consumption," according to LPL Financial Equity Strategist Jeffrey Buchbinder -- is helping to keep stocks aloft. That was reflected in the Dow's leaders Tuesday, which included economically sensitive stocks such as Dow (DOW, +5.2%), American Express (AXP, +2.4%) and Caterpillar (CAT, +2.3%).

The industrial average managed to hang on to a 1.1% gain, finishing at 25,743.

Stocks are getting ever closer to climbing out of the hole. The Dow, which had dropped by as much as 36.7% from its bull-market peak to its bear-market low, is now 12.4% off its highs. The tech-heavy Nasdaq Composite, which is now positive for the year, needs to gain just 2.2% to retake record territory. (And these are 15 of the index's stocks that are expected to help the Nasdaq do it.) That's great if you've stayed fully invested in equities, but investors looking to get back in are slowly watching cheap valuations and high yields erode.

Fortunately, several opportunities remain. These 10 value stocks not only trade at appealing prices, but have the financial strength you want to see in recession-era investments. And income investors can rest easy knowing several lofty yields are still in play.

We've recently examined seven dividend stocks that not only yield 5%, but have been given high "dividend health" ratings that indicate a high chance that the payouts will not just survive, but thrive. Read about each of these high-payout stocks here.

Most Popular

Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
11 Best Monthly Dividend Stocks and Funds to Buy
Kiplinger's Investing Outlook

11 Best Monthly Dividend Stocks and Funds to Buy

Your bills come monthly. Why not your dividend checks? These are some of 2021's best monthly dividend stocks and funds for easier income planning.
May 25, 2021
4 Strategies to Reduce Taxes in Retirement
retirement planning

4 Strategies to Reduce Taxes in Retirement

Don’t let the possibility of higher taxes in the future sink your retirement income plan. Consider these four ways to help manage your taxes, keeping …
May 31, 2021

Recommended

Bonds: 10 Things You Need to Know
Investing for Income

Bonds: 10 Things You Need to Know

Bonds can be more complex than stocks, but it's not hard to become a knowledgeable fixed-income investor.
July 22, 2020
Is the Stock Market Closed on Memorial Day 2021?
Markets

Is the Stock Market Closed on Memorial Day 2021?

The stock market gets a full day off for Memorial Day. The bond market gets Monday off too, not to mention an early close ahead of the holiday weekend…
May 30, 2021
What Time Is the Stock Market Open Today?
Markets

What Time Is the Stock Market Open Today?

When does the stock market open? While the market does have regular hours, trading doesn't stop when the major exchanges close.
May 28, 2021
Bonds: Be Choosy for the Rest of 2021
Investing for Income

Bonds: Be Choosy for the Rest of 2021

Enough good things are happening in the economy and some fixed-income sectors (perhaps not T-bonds) to imply better second-half prospects.
May 26, 2021