Crude Oil Down Over 2%; US Initial Jobless Claims Fall
Posted On September 26, 2024
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 200 points on Thursday.
The Dow traded up 0.47% to 42,110.56 while the NASDAQ rose 0.19% to 18,117.40. The S&P 500 also rose, gaining, 0.21% to 5,734.09.
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Leading and Lagging Sectors
Materials shares jumped by 1.8% on Thursday.
In trading on Thursday, energy shares fell by 1.9%.
Top Headline
U.S. initial jobless claims fell by 4,000 from the prior week to 218,000 during the period ending September 21, compared to estimates of 225,000.
Equities Trading UP
- Telesis Bio, Inc. (NASDAQ:TBIO) shares shot up 71% to $3.96 after the company announced a partnership with Beckman Coulter Life Sciences to revolutionize DNA and mRNA synthesis.
- Shares of Pasithea Therapeutics Corp. (NASDAQ:KTTA) got a boost, surging 66% to $6.37 after the company announced safety, tolerability, pharmacokinetic and preliminary efficacy data from the first 2 cohorts of patients in its Phase 1 clinical trial of PAS-004.
- Adaptive …
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