RDHL - Dow Surges Over 100 Points; US GDP Growth Tops Estimates | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.33% to 37,932.33 while the NASDAQ rose 0.37% to 15,538.69. The S&P 500 also rose, gaining, 0.40% to 4,887.88.
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Leading and Lagging Sectors
Real estate shares rose by 1.2% on Thursday.
In trading on Thursday, consumer discretionary shares fell by 1.1%.
Top Headline
The US economy grew an annualized 3.3% in the fourth quarter, versus market estimates of a 2% rise, and compared to a 4.9% rate in the prior quarter.
Equities Trading UP
Onconetix, Inc. (NASDAQ: ONCO) shares shot up 156% to $0.3798 after falling over 4% on Wednesday.
Shares of Processa Pharmaceuticals, Inc. (NASDAQ: PCSA) got a boost, surging 134% to $4.79 after the company announced the completion of the safety tolerability evaluation in its Phase 1b trial of Next Generation Capecitabine.
LAVA Therapeutics N.V. (NASDAQ: ...