WHLR - Nasdaq Tumbles 200 Points; US Jobless Claims Fall More Than Expected | Benzinga
U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling more than 200 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.02% to 34,449.20 while the NASDAQ fell 1.57% to 13,655.13. The S&P 500, also fell, dropping, 0.72% to 4,433.23.
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Leading and Lagging Sectors
Utilities shares jumped by 0.8% on Thursday.
In trading on Thursday, information technology shares fell by 2.3%.
Top Headline
U.S. initial jobless claims fell to the lowest level since February.
Jobless claims declined by 13,000 from the previous week's revised reading to 216,000 in the week ending Sept. 2, compared to market expectations of 234,000.
Equities Trading UP
Sigma Additive Solutions, Inc. (NASDAQ: SASI) shares shot up 67% to $0.3561 after the company announced to acquire NextTrip for around $48 million and sell assets of quality assurance software to strategic buyer.
Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) got a boost, shooting 100% to $9.09. Wheeler posted Series D redemption forms on its website.
American Rebel Holdings, Inc. (NASDAQ: AREB) shares were also up, gaining 74% to $1.56 after the company's subsidiary Champion Safe has been bombarded with calls from safe dealers and customers looking for alternatives to safes made by Liberty Safe.