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Saturday, Aug 13, 2022
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Midday Stock Roundup

The S&P 500 rose 0.1% to 3,914.08 during midday trading.
The Dow Jones Industrial Average increased 0.9% to 32,703.22.
The Nasdaq decreased 0.6% to 13,144.60.
The yield on a 10-year Treasury bond fell 0.4% to 1.631%.
The price of gold rose 0.4% to $1,733.30.
The price for a barrel of oil decreased 5.3% to $60.79.


AEROSPACE
Ducommun Corp. (NYSE: DCO) climbed 6.4% to $56.67 and a $671 million market cap. The Santa Ana-based aerospace and defense manufacturer was upgraded to buy by the Zacks website, citing an upward trend in earnings estimates.


HEALTHCARE

Evolus (Nasdaq: EOLS) rose another 3.1% to to $16.59 and a $566 million market cap. Yesterday the Newport Beach-based provider of aesthetic products jumped 12% after it disclosed several transactions with its Korean partner Daewoong to improve its financial positions, the website Seeking Alpha reported. The stock is up five-fold since early January. Evolus is scheduled to announced fourth-quarter results after the close of markets today.

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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