Markets.News
Midway through trading, U.S. stocks saw a boost with the Nasdaq Composite rising by approximately 1%. The Dow climbed by 0.80% to reach 49,543.16, while the NASDAQ surged by 1.03% to 23,714.62. The S&P 500 also experienced gains, increasing by 0.74% to 6,977.92. Information technology shares led the way, rising by 1.5%, while health care stocks dipped by 1.5% on Thursday. Initial jobless claims in the U.S. saw a decrease of 9,000 from the previous week, totaling 198,000 in the week ending Jan. 10, surpassing market estimates of 215,000. Callan JMB Inc. (NASDAQ: CJMB) witnessed a significant rise of 208%, reaching $3.45, following the announcement of a strategic teaming agreement with Biostax Corp, now known as Attune Biotech, to offer federal oversight services. For more details, the full story is accessible on Benzinga.com.