RCKT - Dow Gains 50 Points; US Crude Oil Inventories Rise | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 50 points on Wednesday.
The Dow traded up 0.16% to 34,701.06 while the NASDAQ rose 0.44% to 13,834.85. The S&P 500, also rose, gaining, 0.30% to 4,475.23.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 0.7% on Wednesday.
In trading on Wednesday, energy shares fell by 0.4%.
Top Headline
U.S. crude oil inventories climbed by 3.954 million barrels in the week ending Sept. 8, 2023, versus market estimates of a 1.912 million decline, the EIA reported.
Equities Trading UP
HireRight Holdings Corporation (NYSE: HRT) shares shot up 17% to $10.20.
HireRight plans additional $25 million share repurchase program.
Shares of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) got a boost, shooting 43% to $21.88 after the company announced that alignment has been reached with the FDA on the global Phase 2 pivotal trial of RP-A501 for Danon Disease.
DZS Inc. (NASDAQ: DZSI) shares were also up, gaining 31% to $2.3998. DZS secured $29.7 million in financing.
Equities Trading DOWN
Eiger BioPharmaceuticals, Inc. (NASDAQ: EIGR) shares dropped ...