US Stocks Post Solid Finish on Encouraging Economic Data
Stocks closed solidly higher on Wall Street Monday after a batch of encouraging global economic data kept investors in a buying mood.
Stocks closed solidly higher on Wall Street Monday after a batch of encouraging global economic data kept investors in a buying mood.
Bank of Montreal’s chief executive Darryl White says economic growth in Canada is “moderating” but it’s “no screeching halt” and the risk of a recession in the coming year is relatively low.
Home sales in Metro Vancouver in March plunged to levels not seen in more than three decades and real-estate experts blame government policies, not a lack of demand, for the dismal showing.
An Associated Press analysis shows that the tax revenue from sports betting has so far failed to hit projections in most of the states that legalized wagering after the Supreme Court cleared the way last year.
Gold futures steadied Tuesday, showing little change a day after coming under pressure following a round of upbeat data on manufacturing activity out of China and the U.S. that sparked a rally in stocks and other assets perceived as risky and robbed haven assets of their appeal.
Dow Inc. makes debut among components of the Dow Jones Industrial Average
Business investment flat in the past three months
The U.S. dollar regained some strength as investors cool their enthusiasm for stocks and other assets perceived as risky following a Monday rally.
Frontline Ltd. (FRO) had a good day on the market for Monday April 01 as shares jumped 5.42% to close at $6.81. About 428,576 shares traded hands on 2,799 trades for the day, compared with an average daily volume of n/a shares out of a total float of 169.82 million. After opening the trading day at $6.64, shares of Frontline Ltd. stayed within a range of $6.82 to $6.61.
Curis Inc. (CRIS) had a good day on the market for Monday April 01 as shares jumped 9.55% to close at $2.18. About 1.54 million shares traded hands on 4,574 trades for the day, compared with an average daily volume of n/a shares out of a total float of 33.15 million. After opening the trading day at $1.95, shares of Curis Inc. stayed within a range of $2.22 to $1.95.