MBI - Dow Jumps Over 100 Points; MBIA Shares Spike Higher | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Friday.
The Dow traded up 0.36% to 36,248.73 while the NASDAQ rose 0.48% to 14,409.22. The S&P 500 also rose, gaining, 0.42% to 4,604.73.
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Leading and Lagging Sectors
Energy shares rose by 0.7% on Friday.
In trading on Friday, real estate shares fell by 0.9%.
Top Headline
The total number of active U.S. oil rigs fell by 2 to 503 rigs this week, Baker Hughes Inc reported.
Equities Trading UP
Intensity Therapeutics, Inc. (NASDAQ: INTS) shares shot up 83% to $7.67. Intensity Therapeutics presented INT230-6 data in early-stage breast cancer patients.
Shares of MBIA Inc. (NYSE: MBI) got a boost, shooting 77% to $13.05 after the company announced it declared an extraordinary cash dividend on MBIA common stock of $8.00 per share.
Torrid Holdings Inc. (NYSE: CURV) shares were also up, gaining 21% to $5.03 after the company reported better-than-expected third-quarter financial results and issued FY23 ...