BMR - Dow Surges Over 300 Points; US Inflation Rate Slows In May | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.84% to 39,072.22 while the NASDAQ rose 0.87% to 17,494.72. The S&P 500 also rose, gaining, 0.84% to 5,420.33.
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Leading and Lagging Sectors
Real estate shares jumped by 2.1% on Wednesday.
In trading on Wednesday, consumer staples shares rose by just 0.1%.
Top Headline
The annual CPI inflation rate fell from 3.4% to 3.3% in May, below than the median economist projection of 3.4%. According to Econoday, the economist consensus ranged from 3.3% to 3.5%.
Equities Trading UP
- Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) shares shot up 51% to $0.2700.
- Shares of Beamr Imaging Ltd. (NASDAQ:BMR) got a boost, surging 40% to $6.19 after the company announced that its Beamr Cloud solution has achieved Powered by Expertise and is now available in the Oracle Cloud Marketplace.
- WANG & LEE GROUP, ...