latest updates
- Latest 21:05: US Equities Close Positively
- 20:21: US Equities Trading Higher
- 19:45: Stimulus bill update...
- 17:09: US Stimulus Package
- 16:44: European Equities Close...
- 16:31: US Large Cap Stocks
- 15:43: SpartanNash Stock Up 25%
- 14:14: VivoPower Stock Rallies
- 14:11: US Stock Premarket Gainers
- 14:09: Extreme Networks Stock Jumps
- 11:00: Marstons Share Price Jumps 18%...
- 10:16: Gfinity Shares Surge
- 09:03: Rolls-Royce
- 07:45: Preview
Latest
21:05
US Equities Close Positively
DOW +0.57%
S&P 500 +0.89%
NASDAQ +1.39%
20:21
US Equities Trading Higher
As we head into the final half an hour of trading US equities are trading positively after US President Trump called for a larger coronavirus stimulus package.
DOW +0.61%
S&P 500 +0.92%
NASDAQ +1.30%
19:45
Stimulus bill update...
Trump has said that he wants more stimulus than either side is offering.
A tweet from @Drew_Hammill, US Deputy Chief of Staff for house democratic leader Nancy Pelosi says that Pelosi and Mnuchin spoke for just over 30 minutes, with Pelosi concerned about the lack of a plan to “crush the virus”.
17:09
US Stimulus Package
So, an update on the US stimulus package after some news in the last hour…
-Around half an hour ago news broke that Trump approved a revised stimulus package
-Apparently, he met with Mark Meadows and Steven Mnuchin
-Trump then tweeted saying that “Covid Relief Negotiations are moving along. Go Big!”
-Kudlow said that Mnuchin is to meet with Nancy Pelosi to work on the “final touches”.
-Kudlow said the package would include Airlines, PPP, and aid for small businesses.
-According to the Wall Street Journal, Mnuchin is to present Pelosi with a $1.8 trillion aid counteroffer
16:44
European Equities Close...
FTSE 100 +0.65%
DAX -0.01%
STOXX 50 +0.49%
IBEX 35 -0.61%
CAC 40 +0.71%
16:31
US Large Cap Stocks
Apple +1.08%
Amazon +1.98%
Microsoft +1.49%
Alphabet (Google) +1.18%
Facebook +0.05%
Tesla +1.63%
Netflix +2.13%
Gains!
15:43
SpartanNash Stock Up 25%
$SPTN: +25.09% $21.29
SpartanNash shares are up 25% after the company disclosed that it issued warrants to Amazon (NASDAQ: AMZN) as part of a commercial agreement with the company.
As part of the agreement, the company has issued to Amazon.com NV Investment Holdings LLC a warrant to purchase up to an aggregate of 5.4 million shares in the company.
Via Seeking Alpha
14:14
VivoPower Stock Rallies
$VVPR: +35% $13.67
VivoPower International stock has rallied premarket after the company announced that it has signed a definitive agreement to acquire a 51% shareholding in Tembo e-LV.
14:11
US Stock Premarket Gainers
Sanchez Midstream Partners +197.30% – SANCHEZ MIDSTREAM SHARES SURGED 280% TODAY, HERE’S WHY
US Well Services +73.93%
Medigus +50% – MEDIGUS (MDGS) STOCK SURGES, HERE’S WHY…
14:09
Extreme Networks Stock Jumps
“Cloud company, Extreme Networks (NASDAQ: EXTR) has provided an update on its Q1 2021 earnings outlook sending its stock price surging premarket.”
Full Story: EXTREME NETWORKS (EXTR) STOCK JUMPS
11:00
Marstons Share Price Jumps 18%...
Marston’s shares are up 18% at 49p per share after the company announced that the Competition and Markets Authority have cleared the company’s proposed £780 million joint venture with Carlsberg.
The transaction will be completed at the end of October 2020.
10:16
Gfinity Shares Surge
“Shares of Gfinity PLC (LON: GFIN) have surged 31.3% after the company announced that it was looking for a potential buyer. The international esports company based in London decided to start the sales process given its progress over the financial year ended June 30, 2020.”
GFINITY SHARES SURGE 31.3% AS SALES PROCESS BEGINS
09:03
Rolls-Royce
Rolls-Royce shares are up another 24% so far today at 242.80p. Its share price has gained over 100% in the last week.
Rolls-Royce has seen heavy buying in the past week after with one senior investment analyst saying that investors are on a bargain hunt. A recent article by a research company also cited Rolls-Royce’s role in the transition to clean energy.
Full Story: ROLLS-ROYCE SHARE PRICE IS UP OVER 100% THIS WEEK. HERE’S WHY
07:45
Preview
Morning people…
-Asia-Pac markets traded mixed overnight
-GameStop shares skyrocketed yesterday, closing 44% higher after announcing a multi-year partnership with Microsoft
-Reports have stated that US President Trump said he is open to a broader relief deal
-Saudi Arabia is reportedly considering cancelling OPEC plans to boost oil output
-In FX markets risk currencies are trading positively this morning, despite a slight pullback
-On today’s calendar we have Canadian employment numbers and US wholesale inventories
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