Stocks Close Narrowly Mixed Following Lackluster Session – U.S. Commentary
It was the sharpest month-over-month gain since April 2010. The stocks of home builders rose. D.R. Horton gained 73 cents, or 3.1 percent, to $24.57. Lennar gained 35 cents, or 0.8 percent, to $41.94.
Are Uranium Stocks a Good Contrarian Play?
Standouts included Apple ( AAPL , Tech30 ), SINA ( SINA , Tech30 ) and BlackBerry ( BBRY , Tech30 ). Then there was GoPro ( GPRO ), in a league of its own, continuing its red hot start as a public company. After zooming last week, the wearable camera maker popped another 13% today . Related: Fear & Greed Index still extremely greedy 2. More housing hopes: Wall Street briefly cheered new signs of progress in the very important housing market.
The major European markets also ended the day mixed. While the German DAX Index crept up by 0.2 percent, the French CAC 40 Index and the U.K.’s FTSE 100 Index fell by 0.3 percent and 0.2 percent, respectively. In the bond market, treasuries moved modestly higher over the course of the session after seeing early weakness. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 1.6 basis points to 2.516 percent.
Stocks up, up, up at mid-year point – Jun. 30, 2014
These operations have been see page hurt by mining cost inflation and troubles with locals and government officials. Areva’s problems in Africa are indicative of future supply challenges facing the global uranium market. It’s certain uranium prices will move higher, but when? All eyes on Japan, 50 reactors down All eyes are on Japan where 50 nuclear reactors are not operating. That’s about one eighth of the global fleet.