SLS - Dow Surges 200 Points; US Services PMI Edges Higher In December | Benzinga
U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining around 200 points on Thursday.
The Dow traded up 0.55% to 37,635.05 while the NASDAQ rose 0.05% to 14,599.10. The S&P 500 also rose, gaining, 0.28% to 4,718.19.
Check This Out: How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q3 Earnings Report
Leading and Lagging Sectors
Financial shares rose by 0.8% on Thursday.
In trading on Thursday, energy shares fell by 0.6%.
Top Headline
The S&P Global US Services PMI was revised higher to 51.4 in December versus a preliminary reading of 51.3.
Equities Trading UP
Dyne Therapeutics, Inc. (NASDAQ: DYN) shares shot up 20% to $17.79. Dyne Therapeutics announced an underwritten public offering of $175 million of common stock.
Shares of Omega Therapeutics, Inc. (NASDAQ: OMGA) got a boost, surging 104% to $5.58 after Novo Nordisk entered into a research collaboration with the company.
Avenue Therapeutics, Inc. (NASDAQ: ATXI) shares were also up, gaining 59% to $0.2794 after the company announced it reached a final agreement with the FDA for the Phase 3 safety study for IV tramadol.
Equities Trading DOWN
SELLAS ...