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Tuesday, Mar 17, 2026
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Midday Stock Roundup

Indexes continued their climb in August on optimism of a coronavirus vaccine and the amount of stimulus in the economy.

The S&P 500 rose 1.2% to 3,373.55 in midday trading while the Dow Jones Industrial Average climbed 0.7% to 27,869.37 and the Nasdaq jumped 1.9% to 10,989.04.

Crude oil was up 1.9% to $42.39.

Gold was up 0.5% to $1,955.40 an ounce.

The yield on a 10-year bond rose 0.5% to 0.661%.

HEALTHCARE

Inari Medical Inc. (Nasdaq: NARI) rose 13% to $69.90 for a market cap of $3.4 billion. The Irvine-based medical device maker, whose products treat blood clots in veins, yesterday reported second-quarter results that beat analysts’ consensus estimate.

TECHNOLOGY

Veritone Inc. (Nasdaq: VERI) dropped 7.5% to $11.15 and a $310 million market cap. Shares of the Costa Mesa-based firm, which is trying to use artificial intelligence in the media advertising space, are now down 14% after reporting second quarter results on Aug. 10 that showed sales slippage in the AI unit.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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