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Laguna Hills
Monday, May 29, 2023
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Midday Stock Roundup

The S&P; rose 0.1% to 4,504.55 during midday trading, and the Dow was up 0.3% to 35,188.87 and Nasdaq was flat at 14,092.70.

Crude oil dropped 1.1% to $91.28 a barrel. 

Gold was up 0.7% to $1,820 an ounce. 

The 10-year bond fell 0.725% to 1.916%. 

TECHNOLOGYWM Technology Inc. (Nasdaq: MAPS) in Irvine jumped 8.6% to $5.32 with a recent market cap of $348.1 million. The company, which owns Weedmaps, the largest cannabis online directory in the U.S., said it premiered today a digital commercial spot to address what it calls advertising restrictions on legal cannabis businesses.FINANCEFoothill Ranch-based mortgage lender loanDepot Inc. (NYSE: LDI) fell 3.5% to $3.64 and $488.7 million.  Since the company reported on Feb. 1 fourth quarter results that missed analysts’ expectations, the shares have declined 23%.

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