RPHM - Nasdaq Turns Lower; US Retail Sales Top Estimates | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite turning lower on Thursday.
The Dow traded up 0.04% to 37,105.00 while the NASDAQ fell 0.44% to 14,669.25. The S&P 500 also fell, dropping, 0.10% to 4,702.57.
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Leading and Lagging Sectors
Real estate shares rose by 3% on Thursday.
In trading on Thursday, consumer staples shares fell by 0.5%.
Top Headline
Retail sales in the U.S. rose by 0.3% month-over-month in November following a revised 0.2% decline in October. Analysts, however, were expecting a 0.1% decline in sales.
Equities Trading UP
Freight Technologies, Inc. (NASDAQ: FRGT) shares shot up 218% to $0.8599 after the company announced Amazon Mexico renewed its selection of Fr8App for its logistical solutions.
Shares of Moderna, Inc. (NASDAQ: MRNA) got a boost, surging 11% to $87.15 after the company, and Merck, announced follow-up data from the Phase 2b randomized KEYNOTE-942/mRNA-4157-P201 study in patients with resected high-risk melanoma following complete resection.
VCI Global Limited (NASDAQ: VCIG) shares were also up, gaining 23% to $2.80 after its financial technology arm, Accuventures Sdn Bhd, agreed ...