Market Update & Important Indicators:
Shares of technology companies rallied intraday to lift the S&P 500, even as investors grappled with the Trump administration's threat to deepen its trade spat with China. Tech stocks continued to flex their muscles after several more companies, including car maker Tesla and software company Global Payments, reported upbeat results. The gains spilled over to the broader tech sector, while a post-earnings bounce helped to push Apple's market value above $1 trillion in recent trading, making it the first U.S. company ever to surpass that mark. Even after companies like Facebook and Netflix disappointed investors with weaker-than-expected results, tech firms in the S&P 500 are on pace to grow earnings by 32% from a year earlier, topping the rosy estimates analysts had pegged to the sector last month, according to FactSet. The Dow Jones Industrial Average fell 8 points, or 0.1%, to 25,326 as trade-sensitive stocks like Boeing pulled the blue-chip index lower. The US gold price was down 0.7% to record 1,207.20 US$/oz.
Recent Contacts & Presentations:
Saturn Metals (STN), Antipa Minerals (AZY), SRG Ltd (SRG) Bowen Coking Coal (BCB), Birimian (BGS), Breaker Resources (BRB), Galena Mining (G1A), Valmec (VMX),Bryah Resources (BYH), Calima Energy (CE1) Genesis Minerals (GMD), Agrimin (AMN), Magnetic Resources (MAU), Core Exploration (CXO), Marindi Metals (MZN), MOD Resources (MOD), Santos (STO), Adriatic Metals (ADT) Bio–Gene Technology (BGT), Walkabout Resources (WKT), Triton Minerals (TON), Calima Energy (CE1), Peel Mining (PEX), Catalyst Metals (CYL), Vault Intelligence (VLT), Doray Minerals (DRM), Nzuri Coppoer (NZC), Bowen Coking Coal (BCB), Phosphagenics Limited (POH) Great Boulder Resources (GBR), Orthocell (OCC), Northern Minerals (NTU), ABM Resources Ltd (ABU), Vital Metals Ltd (VML), Todd River Resources Ltd (TRT), Pacific Energy Ltd (PEA), Carnarvon Petroleum Ltd (CVN), Australian Mines Ltd (AUZ), Australian Finance Group (AFG), Paladin Energy Ltd (PDN), Cooper Energy Ltd (COE), Medibio Ltd (MEB), Botanix Pharmaceuticals Ltd (BOT), Salt Lake Potash Ltd (SO4)
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