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Laguna Hills
Tuesday, Jul 16, 2024
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Midday Stock Roundup

The markets erased an earlier gain after President Trump said the U.S. will impose additional tariffs on China next month.

The S&P 500 fell 0.5% to 2,976.07.

The Dow Jones Industrial declined 0.4% to 26,753.66.

Nasdaq was flat at 8,171.05. Crude oil fell 6.4%to $54.83.

The price of gold was up 0.3% to $1,442.

The current yield on 10-Year US Treasury Bond fell 5.5% to 1.91%.

HEALTHCARE

STAAR Surgical Company (Nasdaq: STAA) jumped 19% to $34.98 and a $1.5 billion market cap. The company yesterday reported second quarter adjusted profit of 14 cents a share, topping the 10 cent average estimate of analysts.

RETAIL

Boot Barn Holdings Inc. (NYSE: BOOT) soared 15% to $35.81 and a $1 billion market cap. The company reported first quarter adjusted profit of 32 cents, topping the Zacks consensus estimate of 21 cents.

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