XPEL - Dow Surges Over 100 Points; ConocoPhillips Earnings Miss Views | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index surging over 100 points on Thursday.
The Dow traded up 0.32% to 38,024.10 while the NASDAQ rose 0.74% to 15,720.29. The S&P 500 also rose, gaining, 0.31% to 5,033.86. .
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Leading and Lagging Sectors
Information technology shares rose by 1% on Thursday.
In trading on Thursday, materials shares fell by 1%.
Top Headline
ConocoPhillips (NYSE:COP) reported downbeat earnings for its first quarter.
ConocoPhillips posted adjusted earnings of $2.03 per share, missing market estimates of $2.04 per share. The company's quarterly sales came in at $14.476 billion versus expectations of $15.047 billion.
Equities Trading UP
- Aspen Aerogels, Inc.. (NYSE:ASPN) shares shot up 46% to $22.19 after the company reported better-than-expected first-quarter financial results.
- Shares of Emergent BioSolutions Inc. (NYSE:EBS) got a boost, surging 129% to $4.4199 after the company announced operational changes to stabilize its financial position and reported first-quarter financial results.
- Carvana Co. (NYSE:CVNA) shares were also up, gaining 39% to $121.17 after the company reported upbeat sales for the ...