“Ready to Roll?” – Vista Partners Daily Market Recap 4/4/2019
The stock market ended the day with some mixed results on Thursday, with the major indices split between gains and losses. The S&P 500 was up 0.21% (5.99 points) today, making it the sixth straight day of gains. Likewise, the Dow increased by 0.64% (166.50 points) by the time the market closed. On the other hand, the Nasdaq slipped into the red and ended the day down 0.05% (3.77 points).
Individual components of the Dow were split once again today. Boeing (BA) did well with an increase of 2.89%. On the other end of the spectrum, though, Merck & Co. (MRK) tumbled 1.60% by the end of the session. Dow Inc (DOW), one of the spin-offs from the former DowDuPont, led the way in gains today as it rose 4.98%.
Atossa Genetics (ATOS) had a rough day with its stock plunging 9.38%, putting it at $3.09 per share.
COEUR D’ALENE, Idaho based Hecla Mining Company (NYSE: HL), a 128-year old leading low-cost U.S. silver producer with operating mines in Alaska, Idaho, and Mexico, and is a growing gold producer with operating mines in Quebec, Canada, and Nevada, closed today’s trading up +4.35% or $2.40/share. Hecla recently released positive and improved findings via the filing of a National Instrument (NI) 43-101 Technical Report on their Greens Creek Mine in Alaska and the Casa Berardi Mine in Quebec.
President Trump will meet with Chinese Vice Premier Liu He today, and some investors are wondering if it means the trade negotiations between the U.S. and China are finally ready to roll. Bloomberg reported today that the potential deal would set a deadline of 2025 to meet the agreed-upon requirements which include buying more American commodities.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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