U.S. stocks traded slightly higher this morning, with the Nasdaq Composite gaining around 0.2% on Thursday.
Following the market opening Thursday, the Dow traded up 0.06% to 41,000.33 while the NASDAQ rose 0.22% to 17,121.18. The S&P 500 also rose, gaining, 0.06% to 5,523.29.
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Leading and Lagging SectorsConsumer discretionary shares climbed by 0.9% on Thursday.
In trading on Thursday, industrials shares fell by 0.6%.
Top Headline
U.S. initial jobless claims fell by 5,000 from the prior week to 227,000 in the week ending August 31, compared to market estimates of 230,000.
Equities Trading UP
Eastside Distilling, Inc. (NASDAQ:EAST) shares shot up 212% to $2.39 following the disclosure of a merger agreement with Beeline Financial Holdings, Inc., a private mortgage technology firm.
Shares of Hoth Therapeutics, Inc. (NASDAQ:HOTH) got a boost, surging 86% to $1.29 after the company announced data from the treatment of epidermal growth factor receptor inhibitor ...
