MITQ - Dow Surges 100 Points; US Initial Jobless Claims Rise | Benzinga
U.S. stocks traded mostly higher this morning, with the Dow Jones gaining around 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.30% to 38,923.18 while the NASDAQ rose 0.03% to 17,192.90. The S&P 500 also rose, gaining, 0.10% to 5,359.50.
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Leading and Lagging Sectors
Information technology shares rose by 0.4% on Thursday.
In trading on Thursday, real estate shares fell by 0.6%.
Top Headline
U.S. initial jobless claims rose by 8,000 to 229,000 in the week ending June 1, compared to market estimates of 220,000.
Equities Trading UP
- Virax Biolabs Group Limited (NASDAQ:VRAX) shares shot up 140% to $2.55.
- Shares of Latam Logistic Properties, S.A. (NYSE:LPA) got a boost, surging 105% to $65.00 after dipping around 83% on Wednesday.
- Freight Technologies, Inc. (NASDAQ:FRGT) shares were also up, gaining 97% to $1.2450 after the company said it added 26 new customers and 149 new carriers in 2024.
Equities Trading DOWN
- Actelis Networks, Inc. (NASDAQ:ASNS) shares dropped 38% to $2.3000 after ...