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Saturday, Feb 24, 2024
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Midday Stock Roundup

The S&P 500 was up 1.5% in midday trading to 1,904.72.

The Dow Jones Industrial Average was up 1.84% to 291.60.

The NASDAQ was up 1.23% to 4,574.17.

The yield on a 10-year Treasury bond was up 0.47% to 2.01%.

The price of gold was up 0.83% to $1,115.40.

TECHNOLOGY

Irvine-based storage products maker Western Digital Corp. rebounded Tuesday from Monday’s down session, rising 8.8% to a market value of $10.71 billion on news the company acquired more than 100 patents from IBM Corp. to improve technology and next-generation products.

REAL ESTATE

Aliso Viejo-based hotel investor and operator Sunstone Hotel Investors Inc. was up 4.9% to $2.41 billion. The stock, which is trading at about half of its daily volume, has been included in the list of value stocks by Zacks Research.

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