NXU - US Stocks Higher; Initial Jobless Claims Fall To 202000 | Benzinga
U.S. stocks traded higher this morning, following the release of economic reports on Thursday.
Following the market opening Thursday, the Dow traded up 0.24% to 37,180.82 while the NASDAQ rose 0.60% to 14,822.95. The S&P 500 also rose, gaining, 0.50% to 4,730.68.
Check This Out: 'Wait For A Pullback — You're Late To The Party': Jim Cramer Says About This Tech Stock
Leading and Lagging Sectors
Utilities shares rose by 1.2% on Thursday.
In trading on Thursday, materials shares fell by 0.8%.
Top Headline
U.S. initial jobless claims fell by 19,000 to 202,000 in the week ending Dec. 9, well below market estimates of 220,000.
Equities Trading UP
Freight Technologies, Inc. (NASDAQ: FRGT) shares shot up 392% to $1.33 after the company announced Amazon Mexico renewed its selection of Fr8App for its logistical solutions.
Shares of XBP Europe Holdings, Inc. (NASDAQ: XBP) got a boost, surging 80% to $10.20 after declining around 20% on Wednesday.
Nxu, Inc. (NASDAQ: NXU) shares were also up, gaining 51% to $0.0294 after the company signed ...