Financials help lift Toronto market

TORONTO — Strength in the financial sector powered Canada’s main stock index higher in late-morning trading, while U.S. stock markets also moved up.

The S&P/TSX composite index was up 50.81 points at 15,243.64.

In New York, the Dow Jones industrial average was up 29.59 points at 25,412.70. The S&P 500 index was up 1.59 points at 3,045.90, while the Nasdaq composite was up 20.56 points at 9,510.43.

The Canadian dollar traded for 73.42 cents US compared with 72.53 cents US on Friday.

The July crude contract was down 90 cents at US$34.59 per barrel and the July natural gas contract was down nearly eight cents at US$1.77 per mmBTU.

The August gold contract was down US$1.10 at US$1.750.60 an ounce and the July copper contract was up four cents at nearly US$2.47 a pound.

This report by The Canadian Press was first published June 1, 2020.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

By The Canadian Press

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NASA to Ring The Nasdaq Stock Market Opening Bell from the International Space Station in Honor of the First Commercial Crew Launch

Press Release From: Nasdaq
Posted: Monday, June 1, 2020

What:  NASA will ring the Nasdaq Opening Bell remotely from the International Space Station to commemorate the first Commercial Crew launch.

Jim Bridenstine, NASA Administrator, Demo – 2 Launch Crew, Robert Behken, Douglas Hurley, and ISS Commander Chris Cassidy, will ring the Opening Bell in a virtual bell ringing ceremony from the International Space Station. 

When:  Tuesday, June 2, 2020 – 9:15 a.m. to 9:30 a.m. ET            

Social Media:

For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook page: http://www.facebook.com/nasdaq.

For photos from ceremonies and events, please visit our Instagram page: http://instagram.com/nasdaq

For news tweets, please visit our Twitter page: http://twitter.com/nasdaq

Webcast: A live stream of the Nasdaq Opening Bell will be available at:  https://www.nasdaq.com/marketsite/bell-ringing-ceremony  Photos: 

To obtain a hi-resolution photograph of the Market Open, please go to https://www.nasdaq.com/marketsite/bell-ringing-ceremony and click on the market open of your choice.

            

About NASA

NASA’s vision is to discover and expand knowledge for the benefit of humanity. Learn more at www.nasa.gov.

 

About Nasdaq:

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

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Stocks Above 20 Days Moving Average: $PEIX $MLND $AGEN

Stocks Above 20 Days Moving Average: $PEIX $MLND $AGEN

Jun 01, 2020 (The Market Signal via Comtex) —

The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy (NASDAQ:PEIX), (NASDAQ:MLND) or (NASDAQ:AGEN) then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Pacific Ethanol announces Q1 results and appointment of new CEO

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Pacific Ethanol Inc (NASDAQ:PEIX) is currently trading 52.78% above its 20 Days simple moving average which is a bullish indicator for the stock. The company has announced an enhanced focus on premium alcohol production as well as a leadershipsuccession plan. The company’s Board has appointed Mike Kandris the current COO as Co-CEO and Co-President. Current CEO Neil Koehler is expected to retire on September 30 but will be working with Kandris for now during the transition.

In the company’s recent Q1 2020 results the company reported net sales of $311.4 million with around 184 million gallons sold. Net loss attributable to shareholders was around $25.4 million or 47 cents per share. The company ended the quarter with $26.8 million in cash and cash equivalents and expects to post positive EBITDA in Q2 and FY2020

Millendo offers Q1 corporate update and releases financial results

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Millendo Therapeutics Inc. (NASDAQ:MLND) is currently trading 47.00% above its 20 Days simple moving

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Stocks Trading Higher Than Their Pivot Point: $ISRG $PLD $CAT

Stocks Trading Higher Than Their Pivot Point: $ISRG $PLD $CAT

Jun 01, 2020 (The Market Signal via Comtex) —

The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy (NASDAQ: ISRG), (NYSE: PLD) or (NYSE: CAT) then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Intuitive Surgical To See Rebound in Post-Corona Era

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Intuitive Surgical, Inc. (NASDAQ: ISRG) is trading at a higher price than its pivot point 496.79, thus indicating a bullish day. Intuitive Surgical is the top robotic surgery systems maker and had recently posted an EPS growth of 3% on April 16. In spite of the pandemic, the company had posted a strong sales growth of 13% and hence this stock is put in the watch list of analysts.

In the past two quarters, the company had posted solid profit gains and this medical stock is indicating a bullish strength in market. The only fact is that its near-time outlook remains uncertain since the company did not provide any forecast for H2 of this year. The stock is yet, expected to rebound in post-corona era.

Prologis‘ Long Term Focus Remains on World’s Top Consumption Markets

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Prologis Inc (NYSE: PLD), the logistics real estate global leader is a bullish stock with share price trading higher than its pivot

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Stocks above 50 Days moving average: $STKL $CEQP $OSTK

Stocks above 50 Days moving average: $STKL $CEQP $OSTK

Jun 01, 2020 (The Market Signal via Comtex) —

The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy (NASDAQ: STKL), (NYSE: CEQP) or (NASDAQ: OSTK) then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Sunopta Reported 2nd Highest Adjusted EBITDA in Company’s History in Q12020

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SunOpta, Inc. (NASDAQ: STKL) is currently trading 79.25% above its 50 Days simple moving average and the stock looks bullish. The leading global company that is primarily focused on plant-based beverages and foods had also recently released its first quarter fiscal report for the year. Company’s revenue was $335.9 million in Q12020, rising 10% against $305.3 million in Q12019. Its revenue growth was 13.2%, adjusted for commodity prices, foreign exchange, acquisitions and dispositions.

The company said that it is working on turnaround plan. It had delivered a solid first quarter with 13% growth in adjusted revenue. This was company’s 2nd highest adjusted EBITDA in the history. So, there is definitely something to look here, as far as investors’ outlook is concerned.

Crestwood Remains Positioned To Manage Current Down-Cycle with Strong Balance Sheet

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Crestwood Equity Partners LP (NYSE: CEQP) is currently trading 74.65% above its 50 Days simple moving average and the stock looks bullish. Earlier

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Stocks With Healthy Market Capitalization: $MCD $TMO $COST

Stocks With Healthy Market Capitalization: $MCD $TMO $COST

Jun 01, 2020 (The Market Signal via Comtex) —

The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy (NYSE: MCD), (NYSE: TMO) or (NASDAQ: COST) then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Mcdonald’s Explores Various Factors for Driving Growth in Post-Pandemic Era

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Mcdonald’s Corp (NYSE: MCD) closed at $186.32 yesterday with one of the highest market cap of $138.54 Billion. There are certain factors that are focusing on driving growth. The company is primarily focused on take-away, drive-thru as well as delivery in the time of this pandemic.

Before the pandemic hit, the company’s drive-thru constituted for around 2/3rd sales in the U.S. Post-pandemic scenarios have changed. With people becoming more conscious of their surrounding, drive-thru are accounting for as much as 90% sales.

Additionally, the fast food company is driving growth through mobile order and pay, which comes with new option of curbside check-in. This option is already viable to around 20,000 U.S. restaurants in more than 75 countries.

At this time, the top priority of company is to regain its customers with focus on value, convenience and food quality.

Thermo Fisher Introduces New Mass Spectrometry Systems and Software to Scientists in Event

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NASA to Ring The Nasdaq Stock Market Opening Bell from ISS

Date: Tuesday, June 2, 2020

Location: US,

What:  NASA will ring the Nasdaq Opening Bell remotely from the International Space Station to commemorate the first Commercial Crew launch.

Jim Bridenstine, NASA Administrator, Demo – 2 Launch Crew, Robert Behken, Douglas Hurley, and ISS Commander Chris Cassidy, will ring the Opening Bell in a virtual bell ringing ceremony from the International Space Station. 

When:  Tuesday, June 2, 2020 – 9:15 a.m. to 9:30 a.m. ET            

Social Media:

For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook page: http://www.facebook.com/nasdaq.

For photos from ceremonies and events, please visit our Instagram page: http://instagram.com/nasdaq

For news tweets, please visit our Twitter page: http://twitter.com/nasdaq

Webcast: A live stream of the Nasdaq Opening Bell will be available at:  https://www.nasdaq.com/marketsite/bell-ringing-ceremony  Photos: 

To obtain a hi-resolution photograph of the Market Open, please go to https://www.nasdaq.com/marketsite/bell-ringing-ceremony and click on the market open of your choice.

            

About NASA

NASA’s vision is to discover and expand knowledge for the benefit of humanity. Learn more at www.nasa.gov.

 

About Nasdaq:

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

 Calendar of Events RSS Feed

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Stocks that gapped higher: $JAGX $CVU $MEIP

Jun 01, 2020 (The Market Signal via Comtex) —

The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy (NASDAQ: CHCI), (NASDAQ: JAGX) or (NASDAQ: MEIP) then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Comstock Holding Reports Q12020 Financial Results

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Comstock Holding Companies Inc (NASDAQ: CHCI) gapped higher by 40.00% in its last trading session. On May 28, 2020, the company announced its quarterly results for the period ending March 31, 2020, i.e., Q12020.

In Q12020, the total revenue of company surged by 43% to $7.0 million in Q12020 as against $4.9 million during Q12019. Asset management operations of Comstock Holding remained profitable. The company reported 31% increase in revenue from this source. The revenue came in at $5.4 million from its asset management operations in Q12020, as against $4.2 million in Q12019.

In the first quarter, the company secured $10 million as revolving capital line of credit.

Jaguar Health reports Q12020 financial result

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Jaguar Health Inc (NASDAQ: JAGX) stocks gaps higher by 26.57% in the trading session on May 29, 2020. Earlier on May 15, the company had reported its consolidated Q12020 financial results.

Company’s total operating expenses for Q1 2020 came in at $8.5 million against $7.4 million for Q1 2019, n increase of 16% YoY or $1.1 million.

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Dow claws back early losses as U.S. manufacturing data suggests worst of economic downturn is past

U.S. stocks on Monday erased losses after a survey of manufacturers showed the slowdown in factory production could soon end, offering signs that an economic rebound could take hold in the coming months.

Investors also handled signs of rising Sino-American trade tensions and watched violent protests that reverberated throughout the country, while also monitoring efforts by the U.S., and much of the world, to overcome the COVID-19 pandemic.

What are stock benchmarks doing?

The Dow Jones Industrial Average DJIA, +0.21% rose 74 points, or 0.3%, to 25,457, after trading negative at the start of Monday’s session. The S&P 500 SPX, +0.17% was trading 6 points higher, or 0.2%, to 3,050. The Nasdaq Composite COMP, +0.37% added 35 points, or 0.4%, to 9,525.

On Friday, the Dow booked a weekly gain of 3.8%, while the S&P 500 finished 3% higher and the Nasdaq Composite Index ended the period 1.8% higher. In May, the Dow logged a 4.3% gain, the S&P 500 climbed 4.5%, while the Nasdaq marked a 6.8% return on the month.

What’s driving the market?

Evidence of rising tensions between the U.S. and China and social unrest in America helped to create some headwinds for markets early Monday, but the bearish sentiment gave way after economic data underlined the progress from states taking away measures implemented to stem the spread of the COVID-19 disease. All 50 states are under some stage of reopening from forced shutdowns due to the pandemic.

The Institute for Supply Management said its manufacturing index climbed to 43.1% last month from an 11-year low of 41.5% in April. Economists surveyed by MarketWatch had forecast the index to

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