U.S. stocks traded slightly higher toward the end of trading, with the Nasdaq Composite gaining around 50 points on Thursday.
The Dow traded down 0.03% to 33,036.50 while the NASDAQ rose 0.46% to 11,559.92. The S&P 500 also rose, gaining, 0.22% to 3,999.74.
Mortgage rates are back on the rise due to a strong performance in retail sales and labor market data, along with positive monthly inflation readings. This has raised the prospect of the Federal Reserve continuing its interest rate hiking campaign through the summer.
U.S. stocks turned lower midway through trading, with the Dow Jones dropping around 150 points on Thursday.
The Dow traded down 0.47% to 32,889.30 while the NASDAQ fell 0.47% to 11,452.63. The S&P 500 also fell, dropping, 0.32% to 3,978.24.
Shares of online automobile marketplace Cars.com Inc (NYSE: CARS) are flying into Thursday’s trading session, up 11.85% after the company reported better-than-expected earnings along with upbeat forward guidance.
U.S. stocks traded slightly lower, with the Dow Jones dropping around 30 points on Thursday. Here are some big stocks recording gains in today’s session.
Nikola Corp (NASDAQ:NKLA) reported fourth-quarter FY22 sales of $6.56 million Thursday, missing the consensus of $32.13 million. The company delivered…
Artificial intelligence is a new buzzword for tech companies — as well as stock investors looking for companies seeing growth from the latest trend. Here’s a look at how much artificial intelligence is being name-checked by top tech execs this earnings season.