Dow Gains 100 Points; Retail Sales Decline More than Expected In January

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U.S. stocks traded higher this morning on Thursday, following the release of economic reports.

Following the market opening Thursday, the Dow traded up 0.26% to 38,525.18 while the NASDAQ rose 0.01% to 15,860.35. The S&P 500 also rose, gaining, 0.19% to 5,010.23.

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Leading and Lagging Sectors

 

Real estate shares rose by 0.9% on Thursday.

In trading on Thursday, communication services shares fell by 0.4%.

 

Top Headline

 

U.S. retail sales fell 0.8% month-over-month in January compared to a revised 0.4% increase in December, and versus market estimates of a 0.1% fall.

 

Equities Trading UP

 

JX Luxventure Limited (NASDAQ: JXJT) shares shot up 365% to $6.05 following H1 results.

Shares of Dunxin Financial Holdings Limited (NYSE: DXF) got a boost, surging 270% to $1.35 after gaining around 5% on Wednesday.

Nano-X Imaging Ltd. (NASDAQ: NNOX) shares were also up, gaining 79% to $11.35.
Nvidia reported a 59,632 share stake in Nano X Imaging.

 

Equities Trading DOWN

 

Earlyworks Co., Ltd (NASDAQ: ELWS) shares dropped 39% to $0.80.

Shares of Treasure Global Inc. (NASDAQ: TGL) were down …

Full story available on Benzinga.com


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