OPI - Dow Dips Over 200 Points; First Financial Northwest Shares Spike Higher | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 200 points on Thursday.
The Dow traded down 0.56% to 37,483.91 while the NASDAQ fell 0.86% to 14,840.28. The S&P 500 also fell, dropping, 0.70% to 4,749.93.
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Leading and Lagging Sectors
Energy shares rose by 0.5% on Thursday.
In trading on Thursday, utilities shares fell by 1.9%.
Top Headline
U.S. consumer prices increased by 0.3% month-over-month in December compared to a 0.1% rise in November and versus market estimates of 0.2%.
The annual inflation rate rose to 3.4% in December versus a five-month low level of 3.1% in November, and compared to market estimates of 3.2%.
Equities Trading UP
First Financial Northwest, Inc. (NASDAQ: FFNW) shares shot up 49% to $20.33. Global Credit Union announced plans to acquire First Financial Northwest Bank for all-cash consideration of $231.2 million.
Shares of SEALSQ Corp (NASDAQ: LAES) got a boost, surging 29% to $2.5250. SEALSQ announced that its FY23 revenue hit $30 million, a significant increase of 29% year-over-year, exceeding its Q3 outlook of growth in excess of ...