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(AP Photo)Stocks opened higher after four consecutive down days last week marked one of the worst weeks for the market this year.
Near 12:50 p.m. ET, the Dow was up 285 points, the S&P 500 was up 24 points, and the Nasdaq was up 48 points.
It's a huge day for the biotech industry, with four deals announced before the market opened. Cellular Dynamics, which is being acquired by Fujifilm Holdings, opened over 100% higher, trading around $16.40 a share.
In economic data out earlier, personal income rose more than expected in February, while spending rose less than expected, and consumer prices increased in-line with estimates. Expectations were for income to rise 0.3% while spending was expected to increase 0.2%.
Pending home sales smashed expectations, gaining 3.1% in February versus the 0.3% expected.
And, the Dallas Fed manufacturing index fell to -17.4 in March from -11.2 in February, missing the expectation of a -9 reading. More From Business Insider
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Dajin Resources Corp.
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CODE : DJI.V |
ISIN : CA2340671064 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dajin Res. is based in Canada. Dajin Res. holds various exploration projects in Canada. Its main exploration properties are ADDIE 1, ADDIE 2 and COWTRAIL in Canada. Dajin Res. is listed in Canada. Its market capitalisation is CA$ 103.0 millions as of today (US$ 82.4 millions, € 73.9 millions). Its stock quote reached its lowest recent point on May 15, 2020 at CA$ 0.02, and its highest recent level on December 03, 2021 at CA$ 1.13. Dajin Res. has 137 360 000 shares outstanding. |