financetom
World
financetom
/
World
/
Dow Gains 50 Points, SEALSQ Shares Rally (CORRECTED)
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dow Gains 50 Points, SEALSQ Shares Rally (CORRECTED)
Dec 26, 2024 11:04 AM

Editor’s note: The headline of this story has been corrected to state that SEALSQ Corp ( LAES ) shares are rising.

U.S. stocks turned higher midway through trading, with the Dow Jones index gaining around 50 points on Thursday.

The Dow traded up 0.12% to 43,347.41 while the NASDAQ rose 0.03% to 20,037.71. The S&P 500 also rose, gaining, 0.05% to 6,042.96.

Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields

Leading and Lagging Sectors

Health care shares rose by just 0.1% on Thursday.

In trading on Thursday, information technology shares dipped by 0.4%.

Top Headline

U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.

Equities Trading UP

                       

SEALSQ Corp ( LAES ) shares shot up 31% to $7.16. On Thursday, SEALSQ ( LAES ) announced the launch of SEALQUANTUM.com Lab, a research hub designed to help businesses transition to quantum-safe encryption

Shares of SciSparc Ltd. ( SPRC ) got a boost, surging 155% to $0.5600 after the company announced it received its first shipment of vehicles manufactured by Anhui Jianghuai Automobile Group.

Zoomcar Holdings, Inc. ( ZCAR ) shares were also up, gaining 90% to $2.71 after it reported a 43% year-on-year increase in November bookings.

Equities Trading DOWN

Neuphoria Therapeutics Inc. ( NEUP ) shares dropped 38% to $4.10.

Shares of Baosheng Media Group Holdings Limited ( BAOS ) were down 34% to $4.66.

SaverOne 2014 Ltd ( SVRE ) was down, falling 30% to $1.0501.

Commodities

In commodity news, oil traded up 0.2% to $70.25 while gold traded up 0.6% at $2,651.20.

Silver traded up 0.6% to $30.450 on Thursday, while copper rose 0.6% to $4.1335.

Euro zone

In Europe, markets in Germany, France, London, Spain and Switzerland are closed for the Boxing Day holiday.

Asia Pacific Markets

Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 gaining 1.12%, China's Shanghai Composite Index gaining 0.14% and India's BSE Sensex falling 0.01%.

Economics

U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.

Now Read This:

Top 3 Utilities Stocks You’ll Regret Missing In December

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CANADA FX DEBT-C$ notches 2-week high as market volatility subsides
CANADA FX DEBT-C$ notches 2-week high as market volatility subsides
Aug 7, 2024
* Canadian dollar gains 0.3% against the greenback * Touches its strongest since July 22 at 1.3719 * Price of U.S. oil settles 2.8% higher * Bond yields rise across the curve By Fergal Smith TORONTO, Aug 7 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as investors assessed whether the recent sell-off in the currency...
FOREX-Yen tumbles as BOJ downplays chance of hikes, calming markets
FOREX-Yen tumbles as BOJ downplays chance of hikes, calming markets
Aug 7, 2024
(Updates at 1903 GMT) By Hannah Lang NEW YORK, Aug 7 (Reuters) - The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a further jump in the Japanese currency could again rock global markets. The yen fell about 2.5% to a session low of...
Greenlane Renewables Reports a Second-Quarter Loss
Greenlane Renewables Reports a Second-Quarter Loss
Aug 7, 2024
04:47 PM EDT, 08/07/2024 (MT Newswires) -- Greenlane Renewables ( GRNWF ) on Wednesday reported a second-quarter loss. The company said it lost $0.4 million in the period on revenue of $14.6 million. Year-prior results were not disclosed. Building on the success of our biogas desulfurization product line in Europe, we have delivered the first Cascade H2S units in North...
GLOBAL MARKETS-Stocks turns lower in choppy trade, yen slumps after BOJ talks down rate hikes
GLOBAL MARKETS-Stocks turns lower in choppy trade, yen slumps after BOJ talks down rate hikes
Aug 7, 2024
(Updated prices throughout at 2:59 p.m ET/ 1859 GMT) By Sinéad Carew and Alun John NEW YORK/LONDON, Aug 7(Reuters) - Wall Street equity indexes lost ground after opening higher on Wednesday while a bond auction pushed Treasury yields higher and the dollar rose against the yen after cautious central banker comments. Oil prices rallied after data showed a bigger-than-expected draw...
Copyright 2023-2026 - www.financetom.com All Rights Reserved