TVTX - Nasdaq Down Over 1%; US Initial Jobless Claims Fall More Than Expected | Benzinga
U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 150 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.56% to 34,248.45 while the NASDAQ fell 1.13% to 13,316.35. The S&P 500 also fell, dropping, 0.87% to 4,363.78.
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Leading and Lagging Sectors
Energy shares rose by 0.5% on Thursday.
In trading on Thursday, consumer discretionary shares fell by 1.8%.
Top Headline
U.S. initial jobless claims fell by 20,000 to 201,000 in the week ending Sept. 16, recording the lowest reading since late January and compared to market estimates of 225,000.
Equities Trading UP
MSP Recovery, Inc. (NASDAQ: LIFW) shares shot up 90% to $0.2885 after jumping 64% on Wednesday.
Shares of Near Intelligence, Inc. (NASDAQ: NIR) got a boost, shooting 53% to $0.32. Near Intelligence said it is a trusted partner of leading global commercial real estate companies seeking high-quality real estate analytics on any location, building or site.
Neptune Wellness Solutions Inc. (NASDAQ: NEPT) shares were also up, gaining 33% to $5.22 after falling 11% on Wednesday. Neptune Wellness announced intention to spinout Sprout Organics pursuant to the Morgan Stanley agreed to transaction.
Equities Trading DOWN
Travere Therapeutics, Inc. (NASDAQ: TVTX) shares ...