Platinum Contributing Member steve from amherst Posted February 3, 2020 Platinum Contributing Member Share Posted February 3, 2020 (Reuters) - Wall Street main indexes rose 1% on Monday following their worst week in at least four months as Amazon and Nike gained and U.S. factory activity showed a surprise rebound. ISM data showed the manufacturing sector expanded in January after five straight months of contraction, offering hope that a prolonged slump in business investment has probably bottomed out. Alphabet Inc (GOOGL.O) gained 2.6% ahead of its quarterly results, which will wrap up earnings for the so-called FAANG group of stocks. A 4.1% rise in Nike Inc's (NKE.N) shares after JP Morgan added the footwear maker to their focus list provided the biggest boost to the Dow Industrials .DJI. The consumer discretionary index .SPLRCD gained 1.6%, the most among the 11 major S&P indexes. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 3, 2020 Platinum Contributing Member Share Posted February 3, 2020 (edited) Had a meeting with our largest laser and machined good supplier on Friday. He said things were picking up for them after a slow quarter. Said they never come close to layoffs as they don't have enough workers for the time they were slow much less as things pick back up. Edited February 3, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 3, 2020 Share Posted February 3, 2020 2 hours ago, Highmark said: Had a meeting with our largest laser and machined good supplier on Friday. He said things were picking up for them after a slow quarter. Said they never come close to layoffs as they don't have enough workers for the time they were slow much less as things pick back up. The last quarter is typically slower for us, although quoting activity shot up noticeably and orders continue to keep coming in. These are split between mid and the largest F500 customers covering most sectors. This is about the same as most of the process suppliers. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted February 4, 2020 Share Posted February 4, 2020 Markets are up today, the Nasdaq sky-rocketed. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 4, 2020 Share Posted February 4, 2020 9 hours ago, XCR1250 said: Markets are up today, the Nasdaq sky-rocketed. Futures up nicely already today. Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted February 4, 2020 Share Posted February 4, 2020 6 minutes ago, ArcticCrusher said: Futures up nicely already today. They are responding to the democrats incompetence in Iowa. 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 4, 2020 Share Posted February 4, 2020 1 minute ago, AKIQPilot said: They are responding to the democrats incompetence in Iowa. Tesla is now over 900 in pre-market. But its PE? Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted February 4, 2020 Share Posted February 4, 2020 Just now, ArcticCrusher said: Tesla is now over 900 in pre-market. But its PE? I am missing out on Tesla. I need to watch it close and jump in when it gets more affordable. Hahaha Quote Link to comment Share on other sites More sharing options...
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