TRKA - Nasdaq Jumps Over 100 Points; US Jobless Claims Edge Higher | Benzinga
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.04% to 36,068.53 while the NASDAQ rose 0.86% to 14,268.90. The S&P 500 also rose, gaining, 0.51% to 4,572.56.
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Leading and Lagging Sectors
Communication services shares rose by 3% on Thursday.
In trading on Thursday, health care shares fell by 0.3%.
Top Headline
U.S. initial jobless claims rose by 1,000 to 220,000 in the week ending Dec. 2, compared to market estimates of 222,000.
Equities Trading UP
Save Foods, Inc. (NASDAQ: SVFD) shares shot up 189% to $6.21 after the company highlighted targeting of US carbon credit market following acquisition of majority ownership in newly- formed Nitrousink Ltd.
Shares of Cyngn Inc. (NASDAQ: CYN) got a boost, shooting 72% to $0.42 after the company announced the issuance of a new patent, US-11,837,089-B2, for the autonomous vehicle (AV) and driving solutions.
MicroAlgo Inc. (NASDAQ: MLGO) shares were also up, gaining 41% ...