Trump signs first of nuclear energy orders
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Uranium miner Energy Fuels (NYSEMKT: UUUU) received a major boost to its stock on Friday from one of the most powerful market movers lately -- President Donald Trump. On news that Trump signed a set of executive orders hastening the development of the nuclear energy industry,
ASPI shares surged on a $22 million TerraPower loan and critical uranium supply agreements. Trump's expected nuclear energy policy also fueled broader sector enthusiasm.
Toronto stocks were about flat Friday mid-session, with a broad-based pull downward from most sectors. Process industries, health-tech and communications stocks were among the main laggards, while strong gains in materials stocks helped offset the worst of the losses. Health-services and retail stocks were also ahead.
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Stockhead on MSNClosing Bell: ASX adds 0.15pc as uranium stocks burn white hotThe ASX has inched higher, making a 0.15% gain on strength in Energy and Info Tech sectors. Uranium stocks made ... Read More The post Closing Bell: ASX adds 0.15pc as uranium stocks burn white hot appeared first on Stockhead.