OTLK - Dow Surges 150 Points; US Economy Grows At 2.1% Pace In Q2 | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones gaining around 150 points on Wednesday.
The Dow traded up 0.44% to 35,006.93 while the NASDAQ rose 0.45% to 14,006.86. The S&P 500, also rose, gaining, 0.40% to 4,515.46.
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Leading and Lagging Sectors
Industrials shares jumped by 0.7% on Wednesday.
In trading on Wednesday, communication services shares rose by just 0.2%.
Top Headline
The U.S. economy expanded at an annualized pace of 2.1% in the second quarter of 2023, versus the preliminary reading of 2.4% and compared to the first quarter's growth of 2.0%.
Equities Trading UP
NanoVibronix, Inc. (NASDAQ: NAOV) shares shot up 126% to $3.32 after the company reported outcomes from a UroShield study conducted at the University of Southampton in the U.K.
Shares of AgileThought, Inc. (NASDAQ: AGIL) got a boost, shooting 66% to $0.2572 after falling 17% on Tuesday.
Digital Brands Group, Inc. (NASDAQ: DBGI) shares were also up, gaining 54% to $13.00. DBGI effected a 1-for-25 reverse stock split on Tuesday.
Equities Trading DOWN
Outlook Therapeutics, Inc. (NASDAQ: OTLK) shares dropped 81% to $0.2625 after the company received an FDA complete response letter regarding ONS-5010, an ...