share_log

Nasdaq Dips Over 100 Points, US Initial Jobless Claims Fall

Benzinga ·  Dec 26 23:07

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Thursday.

The Dow traded down 0.40% to 43,125.19 while the NASDAQ fell 0.68% to 19,893.96. The S&P 500 also fell, dropping, 0.53% to 6,008.30.

Leading and Lagging Sectors
Health care shares fell by just 0.1% on Thursday.

In trading on Thursday, consumer discretionary shares dipped by 0.8%.

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

  • Millennium Group International Holdings Limited (NASDAQ:MGIH) shares shot up 222% to $4.9389.
  • Shares of SciSparc Ltd. (NASDAQ:SPRC)got a boost, surging 180% to $0.6189 after the company announced it received its first shipment of vehicles manufactured by Anhui Jianghuai Automobile Group.
  • Zoomcar Holdings, Inc. (NASDAQ:ZCAR) shares were also up, gaining 91% to $2.7300 after it reported a 43% year-on-year increase in November bookings.

Equities Trading DOWN

  • Neuphoria Therapeutics Inc. (NASDAQ:NEUP) shares dropped 38% to $4.0814.
  • Shares of Baosheng Media Group Holdings Limited (NASDAQ:BAOS) were down 33% to $4.7500.
  • SaverOne 2014 Ltd (NASDAQ:SVRE) was down, falling 30% to $1.0505.

Commodities
In commodity news, oil traded up 0.8% to $70.63 while gold traded up 0.3% at $2,643.90.

Silver traded up 0.2% to $30.355 on Thursday, while copper rose 0.5% to $4.1300.

Euro zone

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

European shares were higher today. The eurozone's STOXX 600 gained 0.17%, Germany's DAX fell 0.18% and France's CAC 40 rose 0.14%. Spain's IBEX 35 Index rose 0.33%, while London's FTSE 100 rose 0.42%.

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
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment