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Wall Street enjoys banner Friday despite retail sales disappointment
Tesla and Facebook each added more than 3% as tech stocks broadly outperformed
4:14pm: Cruise line companies benefit from rising tides on Wall Street
The Dow ended Friday up 361 points, 1.1%, at 34,382. The Nasdaq surged 305 points, 2.3%, to 13,430, and the S&P 500 improved 61 points, 1.5%, to 4,174.
Despite the robust performance, the major indices posted losses on the week after Wall Sreet endured a major crunch from Monday to Wednesday.
Cruise companies were among the session s biggest outperformers. Carnival Corporation & plc (NYSE:CCL) shares gained more than 8% to $27.16. Royal Caribbean Group (NYSE:RCL) stock jumped more than 7% to $84.16 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) saw its share price rise 8% to $28.56.
NA Proactive news snapshot: PharmaDrug, Kintara Therapeutics, QC Copper and Gold, New Pacific Metals UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) said it has entered into a supply agreement with a Eurozone cannabis extractor to produce medical-grade THC oil for sale under PharmaDrug s own brand. The company said it expects to receive the THC product and begin selling it in Germany by September. “We are extremely excited to sign this agreement to finally launch medical cannabis in Germany under our own brand. The company is making several movers to significantly increase its presence and volumes in the German medical cannabis market,” PharmaDrug CEO Daniel Cohen said in a statement.
Wall Street enjoys banner Friday despite retail sales disappointment
Tesla and Facebook each added more than 3% as tech stocks broadly outperformed
4:14pm: Cruise line companies benefit from rising tides on Wall Street
The Dow ended Friday up 361 points, 1.1%, at 34,382. The Nasdaq surged 305 points, 2.3%, to 13,430, and the S&P 500 improved 61 points, 1.5%, to 4,174.
Despite the robust performance, the major indices posted losses on the week after Wall Sreet endured a major crunch from Monday to Wednesday.
Cruise companies were among the session s biggest outperformers. Carnival Corporation & plc (NYSE:CCL) shares gained more than 8% to $27.16. Royal Caribbean Group (NYSE:RCL) stock jumped more than 7% to $84.16 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) saw its share price rise 8% to $28.56.