Crude Oil Down Over 2%; US Initial Jobless Claims Fall Inc., U.S., Inc., Japan, China, India, NASDAQ, S&P 500, Eurozone, Hong Kong, Dow Jones, Telesis Bio, Telesis Bio, MDxHealth SA, Bank lending, MDxHealth SA, U.S. economy, MDxHealth SA, Ryde Group Ltd., Ryde Group Ltd. ... by https://www.benzinga.com/
AI Insights:
Simple Explanation:
Today, the oil price went down by 2.4%, which is a lot.
The number of people who lost their jobs in America fell by 4,000 compared to last week, which is good.
Stocks of some companies went up and some went down, but overall, it was a good day for the stock market.
In Europe, things were pretty good too.
In Asia, it was also mostly a good day, except for the Hong Kong stock market.
The US economy did pretty well in the second quarter, which is good.
There was more news, but I'll let you read it by yourself.
Read from source...
Critical Perspective:
#### Crude Oil Down Over 2%; US Initial Jobless Claims Fall
#### By Avi Kapoor, Benzinga Staff Writer September 26, 2024 12:01 PM | 3 min read
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 200 points on Thursday.
The Dow traded up 0.47% to 42,110.56 while the NASDAQ rose 0.19% to 18,117.40. The S&P 500 also rose, gaining, 0.21% to 5,734.09.
Check This Out: How To Earn $500 A Month From Costco Stock Ahead Of Q4 Earnings
Leading and Lagging Sectors
Materials shares jumped by 1.8% on Thursday.
In trading on Thursday, energy shares fell by 1.9%.
Top Headline
U.S. initial jobless claims fell by 4,000 from the prior week to 218,000 during the period ending September 21, compared to estimates of 225,000.
Equities Trading UP
Telesis Bio, Inc. TBIO shares shot up 71% to $3.96 after the company announced a partnership with Beckman Coulter Life Sciences to revolutionize DNA and mRNA synthesis.
Shares of Pasithea Therapeutics Corp. KTTA got a boost, surging 66% to $6.37 after the company announced safety, tolerability, pharmacokinetic and preliminary efficacy data from the first 2 cohorts of patients in its Phase 1 clinical trial of PAS-004.
Adaptive Biotechnologies Corporation ADPT shares were also up, gaining 25% to $5.00.
Equities Trading DOWN
Concentrix Corporation CNXC shares dropped 16% to $53.65 following mixed third-quarter financial results.
Shares of Ryde Group Ltd. RYDE were down 30% to $0.81 after the company announced a $4.5 million public offering at $0.85 per unit.
MDxHealth SA MDXH was down, falling 21% to $2.00 after the company announced the pricing of a $40 million offering of 20 million shares at $2.00 per share
Commodities
In commodity news, oil traded down 2.4% to $68.00
Sentiment Analysis:
Neutral
Related stocks and ETFs:
Concentrix Corporation (CNXC)
Ryde Group Ltd. (RYDE)
MDxHealth SA (MDXH)
Telesis Bio, Inc. (TBIO)
Pasithea Therapeutics Corp. (KTTA)
Adaptive Biotechnologies Corporation (ADPT)
### TAGS:
Stocks, Stock Market, US Stock Market, Dow Jones, Nasdaq, S&P 500, Crude Oil, Gold, Silver, Copper, Materials, Energy, U.S. Initial Jobless Claims, US, Economy, Trading, Commodities, Business, Banking, Real Estate, Trade, Business, World, Earnings, Personal Finance, Finance, Finance Industry, Investment, Investment Management, Stock Market Trading, Stock Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Trading, Stock Market Tr
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