Nasdaq Rises 100 Points; US Economy Shrinks Again In Q2
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Thursday. The Dow traded up 1.06% to 32,539.63 while the NASDAQ rose 0.91% to 12,142.14. The SP also rose, gaining, 1.14% to 4,069.38. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Real estate shares rose 3.4% on Thursday. Meanwhile, top gainers in the sector included Equinix, Inc. (NASDAQ: EQIX ), up 9% and Digital Realty Trust, Inc. (NYSE: DLR ) up 7%. In trading on Thursday, communication services shares fell 1.1%. Top Headline The US economy shrank an annualized 0.9% on quarter during the second quarter, compared to a 1.6% decline in the first quarter. Equities Trading UP JAKKS Pacific, Inc. (NASDAQ: JAKK ) shares shot up 33% to $22.80 after the company reported better-than-expected Q2 results. Shares of ToughBuilt Industries, Inc. (NASDAQ: TBLT ) got a boost, shooting 34% to $6.
Nasdaq Rises 100 Points; US Economy Shrinks Again In Q2
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Thursday. The Dow traded up 1.06% to 32,539.63 while the NASDAQ rose 0.91% to 12,142.14. The SP also rose, gaining, 1.14% to 4,069.38. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Real estate shares rose 3.4% on Thursday. Meanwhile, top gainers in the sector included Equinix, Inc. (NASDAQ: EQIX ), up 9% and Digital Realty Trust, Inc. (NYSE: DLR ) up 7%. In trading on Thursday, communication services shares fell 1.1%. Top Headline The US economy shrank an annualized 0.9% on quarter during the second quarter, compared to a 1.6% decline in the first quarter. Equities Trading UP JAKKS Pacific, Inc. (NASDAQ: JAKK ) shares shot up 33% to $22.80 after the company reported better-than-expected Q2 results. Shares of ToughBuilt Industries, Inc. (NASDAQ: TBLT ) got a boost, shooting 34% to $6.