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Tag: Signs

GLOBAL MARKETS-Wall St gains, crude settles higher on signs of pandemic aid talks progress

October 8, 2020
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By Stephen Culp

NEW YORK, Oct 8 (Reuters) – U.S. stock indexes touched one-month highs and crude prices gained ground on Thursday amid signs of progress in fiscal aid negotiations.

U.S. House Speaker Nancy Pelosi said emergency aid for commercial airlines was a matter of national security and could only pass through Congress with assurances that negotiations will continue toward crafting a broader pandemic relief package.

And while White House adviser Larry Kudlow said the Trump administration would like to see “standalone” bills to provide additional unemployment assistance and extend the Paycheck Protection Program, Senate Leader Mitch McConnell warned there remain “vast differences” between Democrats and Republicans regarding the size of a more comprehensive deal.

“We’re seeing the broad market lift and certainly cyclical sectors are doing well,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “That shows that the market is anticipating some kind

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CANADA STOCKS-TSX futures up as oil gains on signs of Trump’s improving health

October 5, 2020
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Oct 5 (Reuters) – Futures for Canada’s main stock index rose on Monday, helped by a rebound in crude prices after doctors suggested U.S. President Donald Trump could be discharged from the hospital, a few days after he was diagnosed with COVID-19.

Brent crude LCOc1 futures climbed 3.72%, while U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 4.18%.

December futures on the S&P/TSX index SXFc1 were up 0.44% at 7:00 a.m. ET.

Data for Canada’s total reserve assets is due at 8:30 a.m. ET

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE ended 0.09% higher at 16,199.25 on Friday.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.67% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 rose 0.68% and Nasdaq 100 e-mini futures NQc1 were 1.03% higher.

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Negotiations between Canada’s Lundin Mining LUN.TO and the union at its Candelaria copper mine in Chile

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Reyna Silver Signs Option Agreement for Medicine Springs Project in Nevada

October 5, 2020
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| business

Figure 1: Medicine Springs Location

Figure 1: Medicine Springs Location
Figure 1: Medicine Springs Location
Figure 1: Medicine Springs Location

Figure 2: Carbonate Replacement Deposit Model for Medicine Springs

Figure 2: Carbonate Replacement Deposit Model for Medicine Springs
Figure 2: Carbonate Replacement Deposit Model for Medicine Springs
Figure 2: Carbonate Replacement Deposit Model for Medicine Springs

Figure 3: NLR Exploration Results Medicine Springs

Figure 3: NLR Exploration Results Medicine Springs
Figure 3: NLR Exploration Results Medicine Springs
Figure 3: NLR Exploration Results Medicine Springs

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

TORONTO and HONG KONG, Oct. 05, 2020 (GLOBE NEWSWIRE) — (“Reyna or RSLV”) is pleased to announce that it has entered into a Property Option Agreement with Northern Lights Resources Corp. (“NLR”) on the Medicine Springs silver-lead-zinc project (the “Medicine Springs Project”) located in Elko County, Nevada. The Medicine Springs Project comprises 149 unpatented Federal mineral claims covering 1,189 hectares located in the Ruby Mountains Valley just off the famous Carlin Trend.

The

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Stock recover on signs of improving Trump’s health

October 5, 2020
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MILAN (Reuters) – Stocks and other risk assets rose on Monday as signs that Donald Trump’s health was improving brought relief to markets after the uncertainty of his COVID-19 infection sent investors rushing for safety last week.

FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo

The U.S. President, 74, was flown to a hospital for treatment on Friday, but his doctors said he had responded well and could return to the White House as soon as on Monday.

The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% by 0812 GMT, supported by overnight gains across Asia and a positive start in Europe.

The pan-European STOXX 600 .STOXX rose 0.7%. S&P 500 futures EScv1 rose 0.5% and Nasdaq futures NQc1 0.8%, indicating a similarly strong start on Wall

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Caterpillar Signs Agreement to Acquire Weir Oil & Gas

October 5, 2020
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DEERFIELD, Ill., Oct. 5, 2020 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) has signed an agreement to acquire the Oil & Gas Division (“Weir Oil & Gas“) of the Weir Group PLC, a Scotland-based global engineering business. Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations.   

“Combining Weir Oil & Gas’s established pressure pumping and pressure control portfolio with Cat’s engines and transmissions enables us to create additional value for customers,” said Joe Creed, Vice President of Caterpillar’s Oil & Gas and Marine Division. “This acquisition will expand our offerings to one of the broadest product lines in the well service industry.”

The purchase price of $405 million is to be paid in cash at

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Global stocks rise as signs of Trump’s improving health calm markets

October 5, 2020
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TOKYO (Reuters) – Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.

FILE PHOTO: People are reflected on a glass in front of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon/File photo

Trump, 74, was flown to hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday.

That helped U.S. S&P 500 e-mini futures rise 0.82% in Asian trading, while Nasdaq futures gained 1.11%.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.63%.

Australian stocks jumped 2.37% for the biggest daily gain in almost two weeks. Japan’s Nikkei rose 1.39%. China’s financial markets are closed

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Stocks rise as signs of Trump’s improving health calm markets

October 5, 2020
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Video: Stocks slide after Trump diagnosed with coronavirus (Reuters)

Stocks slide after Trump diagnosed with coronavirus

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By Stanley White



text, whiteboard: FILE PHOTO: Passersby wearing protective masks stand in front of an electronic board showing Japan's Nikkei average outside a brokerage, in Tokyo


© Reuters/ISSEI KATO
FILE PHOTO: Passersby wearing protective masks stand in front of an electronic board showing Japan’s Nikkei average outside a brokerage, in Tokyo

TOKYO (Reuters) – Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.

Trump, 74, was flown to hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday.

That helped U.S. S&P 500 e-mini futures rise 0.82% in Asian trading, while Nasdaq futures gained 1.11%.

MSCI’s broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.63%.

Australian stocks <.axjo> jumped 2.37% for the biggest

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S&P 500 Futures Show Signs of Calm After Weekend of Covid Stress

October 5, 2020
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(Bloomberg) — Volatility eased in U.S. equity futures as optimism over President Donald Trump’s medical prognosis and hopes for fresh economic stimulus put a brake on selling that whipped up Friday.

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Dip buyers showed up at the 6 p.m. New York open, bidding up December contracts after Trump’s doctors insisted he’s doing well and could be discharged as soon as Monday. Markets fell on Friday after Trump’s diagnosis. They remained up for the week as some traders speculated the president’s illness raised the odds for aid to the economy from Congress and data showed job gains slowed in September and many Americans quit looking for work.

“The dramatic turn of events may be a catalyst for a stimulus agreement – or it may not; we wait for bills to be put to Congress and votes to be taken,” said Julian Emanuel, chief equity strategist for BTIG, wrote in

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Gov. Newsom signs insurance bill providing quicker payments for wildfire losses

October 4, 2020
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Wildfire victims who lose their home and possessions will be able to recoup money for their expenses faster, thanks to legislation that makes property insurance benefits easier to collect.

Gov. Gavin Newsom signed Senate Bill 872 into law Thursday, providing a suite of insurance protections and streamlined claims processing to better respond to the recovery challenges residents face right after a disaster.

The law won’t take effect until next year. It got Newsom’s endorsement as Sonoma and Napa counties and numerous California communities confront property losses during two months of widespread fires that have burned 4 million acres statewide this year.

Sen. Bill Dodd, D-Napa, who co-authored the legislation, viewed it as part of the growing movement to address home insurance hurdles for disaster survivors after consecutive years of destructive wildfires in the North Bay, he said.

“None of these bills are a silver bullet, but all of them put

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Gov. Whitmer signs $62.7 billion Michigan budget for 2021, highlights money for mothers

September 30, 2020
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It was not the process anyone wanted or expected, but Gov. Gretchen Whitmer said Wednesday everyone did the best they could to finalize a budget during a pandemic that created massive economic uncertainty. 

Michigan rival college coaches join Gov. Whitmer with common message: ‘Mask up’

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“In an ordinary year, there would be a lot more committee meetings, there would be a lot more opportunity to weigh in, and yet because of COVID-19 and the incredible public health crisis, we’ve had unique challenges to address here,” Whitmer said. 



Gretchen Whitmer standing in front of a building: Gov. Gretchen Whitmer speaks during the Aretha L. Franklin Memorial Highway dedication ceremony in Detroit, Monday, August 24, 2020.


© Junfu Han, Detroit Free Press
Gov. Gretchen Whitmer speaks during the Aretha L. Franklin Memorial Highway dedication ceremony in Detroit, Monday, August 24, 2020.

“I recognize that, in an ordinary year, there’s a lot more ability for the public to participate. I regret that that wasn’t able to happen in the midst of all the crises that

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