U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 1% on Thursday.
The Dow traded up 0.26% to 38,762.00 while the NASDAQ rose 1.38% to 16,253.50. The S&P 500 also rose, gaining, 0.91% to 5,151.16.
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Leading and Lagging Sectors
Materials shares jumped by 1.6% on Thursday.
In trading on Thursday, real estate shares rose by just 0.2%.
Top Headline
BJ’s Wholesale Club Holdings Inc (NYSE: BJ) reported downbeat sales for its fourth quarter.
BJ’s Wholesale reported fourth-quarter FY23 sales growth of 8.7% year-on-year to $5.36 billion, missing the analyst consensus of $5.39 billion. Adjusted EPS of $1.11 beat the analyst consensus estimate of $1.06.
Equities Trading UP
Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) shares shot up 343% to $10.24 after the company announced the launch of Lytus Cloud.
Shares of CERo Therapeutics Holdings, Inc. (NASDAQ: CERO) got a boost, surging 105% to $5.24. CERo Therapeutics announced the publication in clinical cancer research …