Toronto’s main stock index made its way into the stratosphere on Friday after a volatile week. This, after Mark Carney ascension to prime minister of Canada, while still being set for a weekly loss amid growth concerns from an ongoing trade war. The TSX Composite Index jumped 350.17 points, or 1.5%, Friday to 24,553.02, but…
Advertisment Stocks rallied Friday, clawing back some of the steep losses seen over the week, as investors got a reprieve from tariff-related headlines. The Dow Jones Industrials regained 674.29 points, or 1.7%, to 41,487.85, kicking a four-day losing streak to the curb. The S&P 500 index rebuilt 117.42 points, or 2.1%,…
Shares in Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, jumped Friday after it announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $50 million of its common stock. “Our business…
An engine on an American Airlines (NASDAQ: AAL) jet caught fire after the plane diverted to Denver on Thursday, forcing the evacuation of passengers using emergency slides, the Federal Aviation Administration said.The airline said all 172 passengers and six crew members had exited the plane, though Denver International Airport said 12 people were…
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U.S. Monday Economic Lookahead U.S. retail sales (Feb.) Empire State manufacturing survey (March) Business inventories (Jan.) Home builder confidence index (March) Featured Earnings Qifu Technology Inc (NASDAQ: QFIN) (Q4) EPS of $1.68, compared to 96 cents in the prior-year quarter. Science Applications International Corp (NASDAQ: SAIC) (Q4) EPS of two dollars, compared to $1.43…
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Google (NASDAQ:GOOGL) is allowing users to personalize its Gemini chatbot with new features, which the company rolled out Thursday in experimental mode. Gemini can now reference users’ Google Search histories to understand them better and give more relevant recommendations, the company wrote in a blog post Thursday. It’s an opt-in feature that allows…
Stocks rose Friday following a losing session that dragged the S&P 500 into correction territory. The Dow Jones Industrials regained 416.77 points, or 1%, to 40,813.57, trying to end a four-day losing streak. The much-broader index rebuilt 75.17 points, or 1.4%, to 5,596.69, The NASDAQ zoomed 301.72 points, or 1.7%, to 17,604.74. Nvidia shares popped…
Read More “Dow Bounces, But Heads for Worst Week in 2 Yrs” »
Toronto’s main stock index opened higher on Friday ahead of Mark Carney’s appointment as prime minister of Canada, while still being set for a weekly loss amid growth concerns from an ongoing trade war. The TSX Composite Index jumped 237.79 points, or 1%, to 24,411.02 The Canadian dollar recovered 0.18 cents to…
Gold’s price is trading above $3,000 U.S. an ounce for the very first time. The spot price of gold is currently at $3,015.40 U.S. an ounce, its 12th record high so far this year. Analysts and investors had been eagerly waiting for gold to reach the $3,000 U.S….
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British Columbia is ending subsidies and rebates that previously applied to Tesla (TSLA) electric vehicles and their charging stations. The government in B.C., Canada’s third most populous province, has announced that Tesla vehicles are no longer eligible for rebates through the province’s programs. The move, according to the government, is being made…
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