Stocks are higher in early trading as investors aim to resume a recent rally that took the Dow Jones industrials to a new high for the year earlier this week.
Overseas markets were also mostly higher on Friday. Economic data has been better than expected this week in the U.S., the world's largest economy and a key trading partner.
Major U.S. stock market indexes had risen in the first three days of the week on signs the economy is recovering, but gave some ground on Thursday.
No major economic reports are on Friday's economic calendar
The Dow Jones industrial average is up 50.41, or 0.52 percent, at 9,834.33. The Standard & Poor's 500 index is up 4.48, or 0.42 percent, at 1,069.97, while the Nasdaq composite index is up 8.02, or 0.38 percent, at 2,134.77.
Yesterday’s Top Performing Small Cap stock:
HearAtLast Holdings, Inc. (Pink Sheets: HRAL) was a SmallCapVoice.com top performer yesterday closing up over 8% on trading volume 501,000 of shares.
HearAtLast Holdings, Inc., a leading provider of suitable affordable solutions to clients with hearing needs in the billion dollar hearing loss market, recently announced that the Company has retained Harbinger Research to conduct an independent investment analysis of the Company and its value.
This analysis will be based on the Company's current and projected financial results, trends in its industry, and other objective and subjective factors. Brian Connell, CFA, Harbinger analyst, stated that "We are very pleased to be working with a growing Company such as HearAtLast, which seems to be doing a lot of things right."
"HearAtLast is a much different Company than when we had retained Harbinger in 2007 and we felt that it was prudent for the Company to review the Investment Analysis based on today's economy and on the current HearAtLast financial status and projections," stated Pierre LaFontaine of HearAtLast Holdings, Inc.
Today’s SmallCapVoice.com Hot Stock to Watch:
Mantra Venture Group Ltd. (OTC BB: MVTG)
Mantra Venture Group Ltd. announced that it has received overwhelming support for its carbon recycling technology during a series of meetings earlier this week in Seoul, Korea.
On September 12th, executives at Mantra embarked on a 10-day business development mission to Busan and Seoul, Korea. Mantra's itinerary included meetings and presentations with several prospective industry partners, on-site meetings with industry officials and financing groups, and participation in ENTECH 2009, Korea's largest tradeshow focused on energy and environment.
Mantra spent the early portion of the trip meeting with government officials and industry leading organizations in both Busan and Seoul, and the company was very pleased with the degree of interest expressed for its Electroreduction of Carbon Dioxide (ERC) technology. Larry Kristof, President and CEO of Mantra, notes: "While we are still only in the early stages of our trip, a number of proposed financing opportunities and development partnerships came to the surface during our initial meetings. Each of these proposals would considerably fast track Mantra's ERC technology if finalized, and we will further evaluate these opportunities in the coming days."
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