| Stocks are rallying, Dow up 200 | |
| | |
|
(Wikimedia Commons)
Stocks are rallying on Monday morning after the Dow recorded its worst losing streak in four years last Friday.
Near 11:56 a.m. ET, the Dow was up 219 points, the S&P 500 was up 24 points, and the Nasdaq was up 55 points.
The blue-chip index closed lower for a seventh straight day on Friday after we got a jobs report that was in line with expectations.
To start the morning, we got the announcement of Berkshire Hathaway's largest-ever deal: The acquisition of Precision Castparts Corp. (PCC) for $37.2 billion.
The stock rallied 19% to lead gains on the S&P 500 in late-morning trade.
PCC makes metal parts for jet engines and industrial turbines. In a statement, Buffett said, "it is the supplier of choice for the world’s aerospace industry."
And in an interview on CNBC this morning, Buffett weighed in on the stock market and the Federal Reserve. He expects stocks to go "a lot higher", and thinks it will be tough for the Fed to raise interest rates at its meeting next month.
Energy stocks on the S&P 500 are rallying with West Texas Intermediate crude futures, which gained more than 2% to as high as $44.82 per barrel in New York.
It's pretty quiet on the economic data front today. Later this week, we'll get data on retail sales, producer prices, and job openings. We have your complete preview of all the big economic events this week here.
NOW WATCH: This computer model shows how debris from MH370 may have spread from Australia to Africa More From Business Insider
|
|
|
Dajin Resources Corp.
|
|
|
CODE : DJI.V |
ISIN : CA2340671064 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Dajin Res. est une société basée au Canada. Dajin Res. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont ADDIE 1, ADDIE 2 et COWTRAIL au Canada. Dajin Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 103,0 millions CA$ (82,4 millions US$, 73,9 millions €). La valeur de son action a atteint son plus bas niveau récent le 15 mai 2020 à 0,02 CA$, et son plus haut niveau récent le 03 décembre 2021 à 1,13 CA$. Dajin Res. possède 137 360 000 actions en circulation. |