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CANADA STOCKS-TSX posts record closing high as investors cheer U.S. jobs data
TSX ends up 0.6% at 27,034.26Eclipses Wednesday's record closing highTech rises 1.6%, financials end 0.8% higherCargojet jumps 8.5% as company extends Amazon contractBy Fergal Smith July 3 (Reuters) - Canada's main stock index rose to a record closing high on Thursday, led by gains for fi...Reuters
Thu, Jul 3
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025July 29-30 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) September 16-17 (...Reuters
Thu, Jul 3
EMERGING MARKETS-Latin American currencies rise as US jobs data bolsters risk appetite
U.S. jobs data suggests stable labor marketTrump signs trade deal with Vietnam, markets hope for moreMinutes show Chile's central bank considered a cut MSCI Latam FX up 0.5%, stocks gain 1.1%By Ragini Mathur and Purvi Agarwal July 3 (Reuters) - Most Latin American currencies gained on Thursda...Reuters
Thu, Jul 3
Why Summit Therapeutics Stock Soared 8% Higher Today
Key PointsA large, well-capitalized peer is apparently interested in a partnership deal with the company.This could be worth up to $15 billion in total, according to a media report. One day before the July Fourth holiday, the stock of clinical-stage biotech Summit Therapeutics (NASDAQ: SMMT) explode...The Motley Fool
Thu, Jul 3
CORRECTED-US STOCKS-S&P 500, Nasdaq close at records on jobs data; Nvidia market cap nears $4 trillion
S&P 500 up 0.83%; Nasdaq gains 1.02%; Dow up 0.77%US job growth beats expectations in JuneTripadvisor gains on report Starboard Value built stakeSynopsys, Cadence rise as US lifts China export curbsBy Sabrina Valle NEW YORK, July 3 (Reuters) - Wall Street rallied to record highs Thursday,...Reuters
Thu, Jul 3
Why SharkNinja Stock Is Rocketing Higher This Week
Key PointsSharkNinja received a lofty price target from Jefferies on Monday.Despite rising 150% since its market debut, the company trades at only 21 times forward earnings."Manically consumer-focused," SharkNinja is quietly becoming a powerhouse in the consumer goods sector. Shares of quickly growi...The Motley Fool
Thu, Jul 3
Why Advance Auto Parts Stock Trounced the Market on Thursday
Key PointsThe company benefited from a pre-market open price target raise.That didn't exactly make the analyst behind it an Advance bull, however. Investors were assertively stepping on the gas pedal with Advance Auto Parts (NYSE: AAP) on Thursday. The stock closed more than 5% higher as of the 1 p....The Motley Fool
Thu, Jul 3
Why MARA Holdings Stock Gained 17% This Week
Key PointsMARA Holdings stock soared 17.3% this week after a strong June mining report.The mining volume was down 23% from May, but management still set bullish production targets for the full year. Shares of MARA Holdings (NASDAQ: MARA) soared 17.3% this week. The crypto-mining expert's stock rose ...The Motley Fool
Thu, Jul 3
PRECIOUS-Gold falls 1% as strong US payrolls data douses rate cut hopes
US job growth beats expectations in JuneDollar rose after non-farm payrolls dataUS House Republicans head toward final vote on Trump's sweeping tax-cut billBy Anushree Mukherjee July 3 (Reuters) - Gold fell 1% on Thursday as stronger-than-expected U.S. payroll data cemented expectations that ...Reuters
Thu, Jul 3
Why WK Kellogg Stock Soared Higher This Week
Key PointsWK Kellogg was added to multiple Russell Value indexes.This led to an increase in the company's share price as the indexes picked up shares.Kellogg may be an intriguing value stock, especially with its 3.7% dividend yield. Shares of leading cereal maker W.K. Kellogg (NYSE: KLG) were up 10%...The Motley Fool
Thu, Jul 3
Why Plug Power Stock Skyrocketed 27.6% This Week
Key PointsThe "Big, Beautiful Bill" extends hydrogen industry tax credits through 2028, boosting Plug Power and other hydrogen stocks.Plug Power continues to struggle with stagnant sales and significant cash burn. Shares of Plug Power (NASDAQ: PLUG) soared this week, up 27.6% as of market close on T...The Motley Fool
Thu, Jul 3
Why Reddit Stock Jumped 34% in June
Key PointsReddit got a boost after introducing its new Community Intelligence product at the Cannes Lions festival.One analyst also said Meta Platforms' deal with Scale AI is positive for Reddit stock.The company has delivered impressive growth since it went public a year ago. Shares of Reddit (NYSE...The Motley Fool
Thu, Jul 3
Why Planet Labs Soared Today
Key PointsPlanet Labs shares rose after announcing a major multiyear satellite imaging deal with the German government.The 240 million euro agreement expands Planet Labs’ role in European defense and security, building on recent contracts with U.S. agencies.The company occupies a unique niche with h...The Motley Fool
Thu, Jul 3
US stocks weekly: Fireworks
** S&P 500 .SPX rises second consecutive week, adds 1.7%, aided by cooling trade tensions, solid jobs report .N** Dow .DJI climbs 2.3%, Nasdaq Composite .IXIC lifts 1.6%** That said, SPX traders tense given trend line, time projection** On the other hand, bulls see the benchmark index as looking...Reuters
Thu, Jul 3
LIVE MARKETS-U.S. stocks cheer jobs data; Dow poised to join new highs' party?
Main US indexes rally; Nasdaq ends up ~1%Tech leads S&P 500 sectors gainers; Materials end flatDollar gains; bitcoin edges up; crude, gold declineUS 10-Year Treasury yield rises to ~4.35%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your...Reuters
Thu, Jul 3
LIVE MARKETS-Chinese biotech licensing deals draw U.S. interest despite modest size, Macquarie says
Main US indexes rally; Nasdaq ends up ~1%Tech leads S&P 500 sectors gainers; Materials end flatDollar gains; bitcoin edges up; crude, gold declineUS 10-Year Treasury yield rises to ~4.35% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share you...Reuters
Thu, Jul 3
U.S. STOCKS ON THE MOVE-Lucid, Nvidia, CrowdStrike
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq touched fresh record highs on Thursday after a stronger-than-expected U.S. jobs report pointed to labor market resilience, while Nvidia looked set to become th...Reuters
Thu, Jul 3
US STOCKS-S&P 500, Nasdaq close at records on jobs data; Nvidia market cap near $4 trillion
US job growth beats expectations in JuneTripadvisor gains on report Starboard Value built stakeSynopsys, Cadence rise as US lifts China export curbsBy Sabrina Valle NEW YORK, July 3 (Reuters) - The S&P 500 and the Nasdaq closed at record highs on Thursday after a stronger-than-expected U.S. j...Reuters
Thu, Jul 3
South African rand gains on investor optimism over US trade negotiations
JOHANNESBURG, July 3 (Reuters) - The South African rand gained on Thursday on optimism among global investors about trade negotiations with the U.S. after the country signed a trade deal with Vietnam, fuelling hopes of more such deals ahead of a July 9 deadline set by Washington. At 1556 GMT the ...Reuters
Thu, Jul 3
