Dow adds more than 300 points to record close, Nasdaq turns positive in afternoon jump
Traders reacted to jobless claims falling to 498,000 last week, well below the 538,000 expected
4:20pm: PayPal shares pop on earnings beat
Traders stepped on the gas in the final hours, propeling the Dow 318 points higher, a gain of nearly 1%, to a record 34,549. The Nasdaq gained 50 points, 0.4%, to 13,633 after spending most of the day in the red, and the S&P 500 picked up 34 points, 0.8%, to finish at 4,202.
PayPal Holdings Inc (NASDAQ:PYPL) got in on the gains after the company reported earnings that came in ahead of expectations and revenue that jumped 31% year-over-year. Shares gained nearly 2% to $252.02.
Predictmedix deploys Safe Entry Stations at long-term care residence in partnership with Optima Living
The Safe Entry Systems rely on military-grade multi spectral cameras paired with AI algorithms to check for multiple coronavirus symptoms The move marks Predictmedix’s entry into the “long-term care and assisted living sectors” in North America
Predictmedix Inc (CSE:PMED) (OTCQB:PMEDF) has announced the deployment of its sophisticated Safe Entry Stations at the Aster Garden Optima Living Community, in Edmonton.
The Toronto-based artificial intelligence (AI) company developing disruptive tools for impairment testing and healthcare, said the technology deployment is in partnership with Optima Living, Connectus Global, and Juiceworks Exhibits.
FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
The UK blue chip index closed higher after positive economic news
FTSE 100 adds 37 points
US stocks see mixed performance
UK service sector growth fastest since 2013
5:05pm: BoE meeting propels FTSE to positive day
The FTSE 100 ended Thursday up 37 points, 0.5%, at 7,076, while the FTSE 250 added 105 points, 0.5%, to 22,491. UK stocks have managed to stave off any of the losses seen on mainland Europe, with a positive assessment from the Bank of England highlighting a strong 2021, IG Senior Market Analyst Joshua Mahony said. The Bank of England meeting gave plenty of grounds for optimism, with the bank raising forecasts to predict the best year of growth since the second world war. The dramatic upgrade in growth forecasts saw the bank predict a rate of 7.25% over the course of 2021; up from the February outlook for 5%.
Wall Street on the back foot all day as rising virus cases rattled investors
The main indices were all lower on Monday as investors noted that the pandemic is not quite over yet
4:10pm: Tesla shares slow after Bitcoin s weekend drop
The Dow dipped 121 points, 0.4%, to 34,079 on Monday after hitting a record on Friday. The nasdaq lost 138 points, 1%, to 13,915, and the S&P 500 declined 22 points, 0.5%, to 4,163.
Bitcoin increased to $55,874 after swooning over the weekend. The cryptocurrency hit a record high of $64,863 last week. Tesla, which is invested in Bitcoin, saw its shares dip more than 3% to $714.63.
12:20pm: Coco-Cola a rare bright spot after results top expectations
NA Proactive news snapshot: Cloud DX, New Oroperu Resources, Todos Medical, Kainantu Resources, CleanSpark UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Cloud DX Inc (CVE:CDX) said Brad Miller, a director of the company (formerly Roosevelt Capital Group), as a result of the previously announced qualifying transaction and related transactions, had acquired beneficial ownership and control over 7,307,337 shares and 100,000 share purchase warrants issued to B and M Miller Equity Holdings Inc - an entity controlled by Mr Miller. The shares and warrants were issued in exchange for the securities of Cloud Canada held by B&M prior to completion of the qualifying transaction. As a result of the qualifying transaction, B&M has ownership and control over 10.13% of the shares on a non-diluted basis and around 10.28% of the shares on a partially diluted basis assuming t