U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 300 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.51% to 51,754.78 while the NASDAQ rose 1.17% to 26,324.95. The S&P 500 also rose, gaining, 0.94% to 7,489.55.

Leading and Lagging Sectors

Information technology shares jumped by 2.3% on Thursday.

In trading on Thursday, energy stocks fell by 2%.

Top Headline

U.S. initial jobless claims fell by 4,000 to 226,000 in the second week of June, compared to market estimates of 225,000.

Equities Trading UP
           

  • Aditxt Inc (NASDAQ:ADTX) shares shot up 202% to $0.013 after dipping 60% on Wednesday.
  • Shares of Agape ATP Corp (NASDAQ:ATPC) got a boost, surging 99% to $5.44.
  • CDT Equity Inc (NASDAQ:CDT) shares were also up, gaining 80% to $1.25 after the company noted that Sarborg, which it holds 1,020 shares in, will use proceeds from its subscription to launch the development of SarborgQ.

Equities Trading DOWN

  • INLIF Ltd (NASDAQ:INLF) shares dropped 56% to $0.19 after announcing strategic entry into humanoid robotics market.
  • Shares of Sleep Number Corp (NASDAQ:SNBR) were down 45% to $0.21 after company disclosed that Nasdaq plans to delist its common stock following the mattress maker’s recent Chapter 11 bankruptcy filing.
  • YY Group Holding Ltd (NASDAQ:YYGH) was down, falling 41% to $0.076 after the company announced a 30-for-1 reverse stock split.

Commodities

In commodity news, oil traded down 3.6% to $74.04 while gold traded down 2.5% at $4,270.00.

Silver traded down 5.6% to $66.780 on Thursday, while copper fell 1.2% to $6.4180.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 declined 0.4%, while Spain's IBEX 35 Index fell 0.2%. London's FTSE 100 fell 1.2%, Germany's DAX gained 0.2%, while France's CAC 40 rose 0.3%.

Asia Pacific Markets

Asian markets closed mostly mixed on Thursday, with Japan's Nikkei 225 gaining 1.65%, Hong Kong's Hang Seng Index falling 1.59%, China's Shanghai Composite falling 0.43% and India's BSE Sensex climbing 0.33%.

Economics

  • U.S. initial jobless claims fell by 4,000 to 226,000 in the second week of June, compared to market estimates of 225,000.
  • The Philadelphia Fed manufacturing index rose to 10.3 in June from -0.4 in the previous month, compared to market estimates of 10.

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