Dow Surges 100 Points; US Initial Jobless Claims Rise

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U.S. stocks traded mostly higher this morning, with the Dow Jones gaining around 100 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.30% to 38,923.18 while the NASDAQ rose 0.03% to 17,192.90. The S&P 500 also rose, gaining, 0.10% to 5,359.50.

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Leading and Lagging Sectors

Information technology shares rose by 0.4% on Thursday.

In trading on Thursday, real estate shares fell by 0.6%.

Top Headline

U.S. initial jobless claims rose by 8,000 to 229,000 in the week ending June 1, compared to market estimates of 220,000.

Equities Trading UP
                       

Virax Biolabs Group Limited (NASDAQ:VRAX) shares shot up 140% to $2.55.
Shares of Latam Logistic Properties, S.A. (NYSE:LPA) got a boost, surging 105% to $65.00 after dipping around 83% on Wednesday.
Freight Technologies, Inc. (NASDAQ:FRGT) shares were also up, gaining 97% to $1.2450 after the company said it added 26 new customers and 149 new carriers in 2024.

Equities Trading DOWN

Actelis Networks, Inc. (NASDAQ:ASNS) shares dropped 38% to $2.3000 after …

Full story available on Benzinga.com