Source: ThinkstockApril 5, 2018: The S&P 500 closed up 0.7% at 2,662.79. The DJIA closed up 1.0% at 24,503.98. Separately, the Nasdaq was up 0.5% at 7,076.55.
Thursday was another positive day for the broad U.S. markets. This was yet another push towards recovery and back to even for the three major indices. Crude oil also made a handy recovery as well. The S&P 500 sectors were entirely positive. The most positive sectors were energy, materials and consumer discretionary up 2.0%, 2.0%, and 1.5%, respectively. The worst performing sector was real estate which was up 0.2%.
Crude oil was up 0.5% at $63.68.
Gold was down 0.8% at $1,329.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Micron Technology, Inc. (NASDAQ: MU) which traded down over 6% at $49.84. The stocks 52-week range is $26.36 to $63.42. Volume was about 87 million compared to the daily average volume of 53.3 million.
Top High Tech Stocks To Invest In Right Now: Greenhill & Co., Inc.(GHL)
- [By Ethan Ryder]
Greenhill & Co. (NYSE: GHL) is one of 31 publicly-traded companies in the “Security brokers & dealers” industry, but how does it compare to its competitors? We will compare Greenhill & Co. to related businesses based on the strength of its valuation, profitability, institutional ownership, earnings, dividends, risk and analyst recommendations.
- [By Lisa Levin]
In trading on Friday, financial shares slipped by 0.55 percent. Meanwhile, top losers in the sector included Greenhill & Co., Inc. (NYSE: GHL), down 11 percent, and SVB Financial Group (NASDAQ: SIVB), down 8 percent.
- [By Jim Robertson]
For investors with a long memory, the Iridium communications service was launched on November 1, 1998 only for the founding company to go into Chapter 11 bankruptcy nine months later as the cost of service was prohibitive for many users. Iridium Satellite LLC was eventually merged with a special purpose acquisition company (GHQ) created by the investment bank Greenhill & Co. (NYSE: GHL) in September 2009 to form Iridium Communications.
Top High Tech Stocks To Invest In Right Now: United Microelectronics Corporation(UMC)
- [By Ashraf Eassa]
United Microelectronics (NYSE:UMC), for example, has said that it expects to begin “commercial production” of a 14-nanometer technology “by the second half of 2017,” per EETimes.
Top High Tech Stocks To Invest In Right Now: Lithium X Energy Corp. (LIXXF)
- [By Tom Bishop]
Lithium X Energy NPV (LIXXF) owns 50% of the Sal de los Angeles lithium brine project in the prolific “Lithium Triangle” in mining friendly Salta province, Argentina.
- [By SEEKINGALPHA.COM]
The other producing lithium miners, and soon to be producers. I have discussed these previously in detail here, here and here. Needless to say, the top 3 producers are non-pure plays (SQM (NYSE:SQM), Albemarle (NYSE:ALB), and FMC Corp. (NYSE:FMC)). The top pure play currently producing miners are Orocobre (ASX:ORE) (OTCPK:OROCF), Tianqi Lithium (SHE:002466), Jiangxi Ganfeng Lithium, Galaxy Resources, Mineral Resources [ASX:MIN] (OTC:MALRF), and Neometals [ASX:NMT] (OTC:RRSSF). The near-term producers include Altura Mining [ASX:AJM] (OTCPK:ALTAF), Pilbara Minerals (ASX:PLS) (OTC:PILBF), Kidman Resources (ASX:KDR), Critical Elements, Nemaska Lithium (OTCQX:NMKEF) [TSX:NMX], Lithium Americas (OTCQX:LACDF) [TSX:LAC], Lithium X (OTCQX:LIXXF) (TSXV:LIX), Neo Lithium, and Bacanora Minerals (OTC:BCRMF) [TSXV:BCN], Advantage Lithium (OTCQB:AVLIF) [AAL], European Metals (OTCPK:MNTCF, ASX:EMH, AIM:EMH) and Pure Energy (OTCQB:PEMIF) [PE].