RCKT - Dow Turns Lower; KULR Technology Group Shares Plummet | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones falling 100 points on Wednesday.
The Dow traded down 0.29% to 34,545.66 while the NASDAQ rose 0.22% to 13,803.43. The S&P 500, also rose, gaining, 0.01% to 4,462.11.
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Leading and Lagging Sectors
Utilities shares jumped by 1.6% on Wednesday.
In trading on Wednesday, real estate shares fell by 1%.
Top Headline
The annual inflation rate in the U.S. rose for a second consecutive month to 3.7% in August from 3.2% in the previous month, and also above market estimates of 3.6%. Consumer prices increased 0.6% month-over-month in August following a 0.2% growth in July.
Equities Trading UP
HireRight Holdings Corporation (NYSE: HRT) shares shot up 13% to $9.91.
HireRight plans additional $25 million share repurchase program.
Shares of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) got a boost, shooting 37% to $20.91 after the company announced that alignment has been reached with the FDA on the global Phase 2 pivotal trial of RP-A501 for Danon Disease.
DZS Inc. (NASDAQ: DZSI) shares were also up, gaining 28% to $2.35. DZS secured $29.7 million in financing.