REVB - Crude Oil Gains 1%; ISM Manufacturing PMI Tops Expectations | Benzinga
U.S. stocks traded higher midway through trading, with the S&P 500 gaining around 0.5% on Thursday.
The Dow traded up 0.23% to 38,238.99 while the NASDAQ rose 0.54% to 15,245.46. The S&P 500 also rose, gaining, 0.48% to 4,868.71.
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Leading and Lagging Sectors
Consumer staples shares rose by 1.4% on Thursday.
In trading on Thursday, financial shares fell by 0.9%.
Top Headline
The ISM manufacturing PMI rose to 49.1 in January, notching the highest level since Oct. 2022, compared to 47.1 in December, and topping market estimates of 47.
Equities Trading UP
Cimpress plc (NASDAQ: CMPR) shares shot up 24% to $93.21 after the company reported better-than-expected second-quarter financial results and said the board authorized the repurchase of up to $150 million of company shares.
Shares of NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) got a boost, surging 55% to $5.07 after the company announced FDA clearance of the IND for a Phase 1 clinical trial of DA-1726 for the treatment of obesity.
Celularity Inc. (NASDAQ: CELU) shares were also up, gaining 28% to $0.4861. Celularity said it sees FY24 net sales of $50 million to $56 million.
Equities Trading DOWN
Revelation Biosciences, Inc. (NASDAQ: ...