U.S. stocks traded lower midway through trading, with the Dow Jones dropping around 250 points on Thursday.
The Dow traded down 0.84% to 30,769.00 while the NASDAQ fell 0.96% to 11,070.17. The S&P also fell, dropping, 0.75% to 3,790.23.
Also check this: RH, Walgreens And 3 Stocks To Watch Heading Into Thursday
Leading and Lagging Sectors
Utilities shares rose by 0.8% on Thursday. Meanwhile, top gainers in the sector included Consumer Discretionary (NASDAQ: CWCO), up 2% and Macquarie Infrastructure Holdings, LLC (NYSE: MIC) up 2%.
In trading on Thursday, consumer discretionary shares fell by 2.7%.
Top Headline
US initial jobless claims fell by 2,000 to 231,000 in the week ended June 25th, compared with analysts’ estimates of 228,000.
Equities Trading UP
NeuroSense Therapeutics Ltd. (NASDAQ: NRSN) shares shot up 39% to $3.8185 after the company announced results from a biomarker study to evaluate the potential of CogniC, a combination drug for Alzheimer's disease (AD).
Shares of Rapid Micro Biosystems, Inc. (NASDAQ: RPID) got a boost, shooting 37% to $4.3650 after Kennedy Lewis Investment Management LLC announced an offer to acquire Rapid ...
Related tickers: CWCO, DCT, MIC, REV, RPID, ANGN, KERN, NRSN.
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