Wall Street holding steady in the green
12:10pm: Tech stocks lead broadly positive day The Dow was up 185 points, 0.5%, to 34,393 at midday. The Nasdaq gained 208 points, 1.6%, to 13,679, and the SP 500 increased 44 points, 1%, to 4,200. "Tech stocks have rediscovered some of their momentum today, and with recent positioning data pointing to a notable surge in outflows, it seems that sentiment has been sufficiently reset on the sector to allow a new leg higher to begin," IG Chief Market Analyst Chris Beauchamp wrote. Among them, Facebook Inc (NASDAQ:FB) shares gained nearly 3% to $325.41. 10am: Proactive North America headlines: Roth Capital ups target price for Silvercorp Metals (TSE:SVM) (NYSEAMERICAN:SVM) (FRA:S9Y), to $9.00, reiterates ''Buy'' rating following recent Q4 results BioLargo Inc (OTCQB:BLGO) strengthens balance sheet by eliminating nearly all of its convertible debt Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) says New Jersey Division of Gaming Enforcement formally accepts subsidiary GMBLs gaming license application Dalrada Corporation (OTCQB:DFCO) taps Captain David Bacon to its board as it advances its health product lines 9.36am: Wall Street starts higher The main indices on Wall Street have made a positive start to the week by moving into the green in early deals.
Wall Street holding steady in the green
12:10pm: Tech stocks lead broadly positive day The Dow was up 185 points, 0.5%, to 34,393 at midday. The Nasdaq gained 208 points, 1.6%, to 13,679, and the SP 500 increased 44 points, 1%, to 4,200. "Tech stocks have rediscovered some of their momentum today, and with recent positioning data pointing to a notable surge in outflows, it seems that sentiment has been sufficiently reset on the sector to allow a new leg higher to begin," IG Chief Market Analyst Chris Beauchamp wrote. Among them, Facebook Inc (NASDAQ:FB) shares gained nearly 3% to $325.41. 10am: Proactive North America headlines: Roth Capital ups target price for Silvercorp Metals (TSE:SVM) (NYSEAMERICAN:SVM) (FRA:S9Y), to $9.00, reiterates ''Buy'' rating following recent Q4 results BioLargo Inc (OTCQB:BLGO) strengthens balance sheet by eliminating nearly all of its convertible debt Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) says New Jersey Division of Gaming Enforcement formally accepts subsidiary GMBLs gaming license application Dalrada Corporation (OTCQB:DFCO) taps Captain David Bacon to its board as it advances its health product lines 9.36am: Wall Street starts higher The main indices on Wall Street have made a positive start to the week by moving into the green in early deals.