| Stocks are getting smashed | |
| | |
|
(REUTERS/Buddhika Weerasinghe)
Stocks are in the red in afternoon trading, following a sudden plunge in futures on Tuesday night.
Near 1:40 p.m., the Dow was down 89 points, the S&P 500 was down 9 points, and the Nasdaq was down 34 points.
The big markets story is GoDaddy's initial public offering of 22 million shares. The stock opened for trade up more than 30% at $26.15 per share, generating around $440 million for the company and valuing it around $4.5 billion.
Shares prices last night at $20.
Oil is having a huge day, with West Texas Intermediate rallying by nearly 5% to inch above $50 per barrel. The latest data from the Energy Information Administration showed US oil inventories rose by 4.8 million barrels, bringing the total to $471.4 million – an 80-year high. The spike in crude prices also coincided with reports that an oil platform in the Gulf of Mexico run by Mexican state-controlled oil company Pemex had caught fire.
Gold rose by more than 1.5% to more than $1,200 an ounce.
In economic data, ADP reported that private employers added 189,000 jobs in March, missing expectations of 225,000.
The latest manufacturing reading from Markit came in at 55.7, beating the expectation for a 55.3 print. And, the latest ISM PMI came in at 51.5, missing the forecast of 52.5. More From Business Insider
|
|
|
Stellar Pacific Ventures Inc.
|
|
EXPLORATEUR |
CODE : SPX.V |
ISIN : CA85855B1022 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Stellar Pacific est une société d’exploration minière d'or et de cuivre basée au Canada. Stellar Pacific détient divers projets d'exploration au Canada et en Guinee. Ses principaux projets en exploration sont HEVA, MONSTER LAKE et VASSAN au Canada et BALANDOUGOU GUINEA en Guinee. Stellar Pacific est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,4 millions CA$ (1,1 millions US$, 954 808 €). La valeur de son action a atteint son plus haut niveau récent le 18 février 2011 à 0,95 CA$, et son plus bas niveau récent le 04 avril 2024 à 0,01 CA$. Stellar Pacific possède 24 064 050 actions en circulation. |