Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s): CCJ

Energy

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

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Cameco Ord Shs > Stockchase After the Close

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Post by retiredcf on Mar 13, 2024 7:07am

Stockchase After the Close

Investors shrugged off higher than expected U.S. inflation February to spark a Tuesday rally. CPI rose 0.4% between January and February. The S&P rose 1.12% to a new record high of 5.175, the Nasdaq surged 1.54%, and the Dow climbed 0.61%.

Nvidia rebounded 7.16%, 3M climbed 4.97% and Oracle soared 11.75% after reporting earnings. However, Southwest Airlines plunged nearly 15% citing Boeing failure to deliver airplanes on time as a major reason and American Airlines sank 4.71%. The U.S. 10-year yield hovered around 4.159%. Meanwhile, Bitcoin gave back 1.4% to trends around $71,100.

The TSX added 0.28% as seven of 11 sectors gained, led by staples and industrials while utilities lagged the most. Among the gainers were Celestica up 3.62%, Cameco 2.95% and Goeasy up 3.05%. Heading down were B2Gold at -3.88% and Transalta at -6.03%. WTI held just under $78 while gold slipped over 1% to $2,160.

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