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Saturday, Dec 3, 2022
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Midday Stock Roundup

The S&P 500 climbed 0.6% to 4,349.55 in midday trading.
The Dow Jones Industrial Average rose 0.7% to 34,767.01.
The Nasdaq increased 0.5% to 14,575.98.
The yield on a 10-year Treasury bond jumped 6.7% to 1.29%.
The price of gold was off 0.4% to $1,804 an ounce.
The price for a barrel of oil increased 4.3% to $70.11.


RESTAURANTS
Chipotle Mexican Grill Inc. (NYSE: CMG) jumped 11% to $1,746.26 and a $49 billion market cap. The Newport Beach-based restaurant chain yesterday reported second-quarter results that topped analysts’ expectations.

TECHNOLOGY
Irvine-based Vizio Holding Corp. (NYSE: VZIO) rose 3.7% to $27.42 and a $5 billion market cap. Future Today, a streaming solution that packages branded channels, announced the launch of streaming channels CoComelon, the world's most-viewed YouTube channel with over 3.5 billion average monthly views, and iFood.tv, a leading online food community, for Vizio’s SmartCast TVs.

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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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