REVB - Nasdaq Surges 100 Points; US Jobless Claims Increase To 224000 | Benzinga
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.14% to 38,204.88 while the NASDAQ rose 0.77% to 15,281.03. The S&P 500 also rose, gaining, 0.49% to 4,869.54.
Check This Out: $320M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying
Leading and Lagging Sectors
Communication services shares rose by 1.5% on Thursday.
In trading on Thursday, utilities shares fell by 0.6%.
Top Headline
U.S. initial jobless claims increased to 224,000 in the week ended January 27, versus a revised 215,000 in the prior week and compared to market estimates of 212,000.
Equities Trading UP
Minim, Inc. (NASDAQ: MINM) shares shot up 83% to $7.50. David E. Lazar recently disclosed a 51% active stake in Minim.
Shares of NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) got a boost, surging 40% to $4.58. NeuroBo Pharmaceuticals announced FDA clearance of IND for Phase 1 clinical trial of DA-1726 for the treatment of obesity.
FibroBiologics, Inc. (NASDAQ: FBLG) shares were also up, gaining 20% to $35.00. FibroBiologics announced direct listing on the ...