U.S. stocks traded mixed this morning, with the Dow Jones falling over 200 points on Thursday.
The Dow traded down 0.57% to 39,580.90 while the NASDAQ rose 0.30% to 16,427.97. The S&P 500 also fell, dropping, 0.07% to 5,250.56.
Check This Out: Jim Cramer Likes Crown Castle, But Can't Recommend Archer Aviation: It Has 'No Earnings Power'
Leading and Lagging Sectors
Communication services shares jumped by 1.4% on Thursday.
In trading on Thursday, real estate shares fell by 1.4%.
The ISM manufacturing PMI rose to 50.3 in March versus 47.8 in February and topping market estimates of 48.4.
MediaCo Holding Inc. ( MDIA ) shares shot up 52% to $0.7960 after dipping more than 17% on Thursday.
Shares of Meta Materials Inc. ( MMAT ) got a boost, surging 35% to $4.15. Meta Materials ( MMAT ) will host a corporate update webcast on Wednesday, April 3, 2024, at 4:30 PM EDT.
Doma Holdings Inc. ( DOMA ) shares were also up, gaining 34% to $6.09 after the company entered a merger transaction with TRG to go private at $6.29 per share in cash.
Eiger BioPharmaceuticals, Inc. ( EIGR ) shares dropped 41% to $2.93.
Shares of AEON Biopharma, Inc. ( AEON ) were down 41% to $6.86 after the company reported a fourth-quarter loss of 71 cents per share.
Logistic Properties Of The Americas ( LPA ) was down, falling 37% to $10.01.
Also Check This Out: Bitcoin Trades Above $70,000 Following GDP, Jobless Claims Data; GateToken Emerges As Top Gainer
Commodities
In commodity news, oil traded up 0.2% to $83.35 while gold traded up 0.7% at $2,253.10.
Economics
The ISM Manufacturing PMI rose to 50.3 in March versus 47.8 in February and topping market estimates of 48.4.
U.S. construction spending fell by 0.3% from the prior month in February.
The S&P Global manufacturing PMI was revised lower to 51.9 in March compared to a preliminary reading of 52.5.
Now Read This: $5M Bet On Snowflake? Check Out These 4 Stocks Insiders Are Buying