VRAR - Crude Oil Down 1% Following PCE Data; Blue Apron Shares Surge | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Friday.
The Dow traded up 0.13% to 33,710.74 while the NASDAQ rose 0.99% to 13,331.54. The S&P 500 also rose, gaining, 0.50% to 4,321.11.
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Leading and Lagging Sectors
Consumer discretionary shares rose by 1.4% on Friday.
In trading on Friday, energy shares fell by 1.9%.
Top Headline
The headline PCE price index increased from an upwardly revised 3.4% in July to 3.5% year-on-year in August 2023, matching the expected 3.5% and marking the second consecutive monthly rise. Excluding energy and food items from the basket, the core PCE price index dropped from 4.2% in July to 3.9% year-on-year in August, as expected.
Equities Trading UP
Novo Integrated Sciences, Inc. (NASDAQ: NVOS) shares shot up 58% to $0.3181 after the company announced it signed a One Billion Dollar Master Collateral Transfer Agreement with Blacksheep Trust for the purpose and general use of monetization for a period of up to 15 years..
Shares of Blue Apron Holdings, Inc. (NASDAQ: APRN) got a boost, shooting 133% to $12.81 after the company announced an agreement to be acquired by Wonder Group for $13 per share.
OpGen, Inc. (NASDAQ: OPGN) shares were also up, gaining 94% to $0.39 after the company requested to withdraw its registration statement on Form S-1.
Equities Trading DOWN
The Glimpse Group, Inc. (NASDAQ: VRAR) shares dropped 42% to ...