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Thursday, Mar 28, 2024
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Midday Stock Roundup

The S&P 500 was up 1.5% to 3,632.70 during midday trading.

The Dow Jones Industrial Average rose 1.6% to 30,065.89.

The Nasdaq climbed 1.1% to 12,012.68.

The yield on a 10-year Treasury rose 3.3% to 0.885%.

The price of gold decreased almost 2% $1,801.80.

The price for a barrel of oil rose 4.6% to $45.03.

TECHNOLOGY

Newport Beach-based Clean Energy Fuels Corp. (Nasdaq: CLNE) rose 7% to $4.71 per share for a market cap of $932.9 million, extending Monday’s 7% gain. Analyst site MotleyFool.com said the day before “it’s starting to look like it will be another good week for alternative energy stocks.”

FINANCE

Irvine-based First Foundation Inc. bank (Nasdaq: FFWM) rose 6.4% to $19.70 per share for a market cap of $883 million, as major indexes rose on prospects for COVID-19 vaccines. Banc of California (Nasdaq: BANC) gained 5.9% to $14.58 per share for a market cap of $733 million.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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