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Tuesday, Sep 17, 2024
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Midday Stock Roundup

 

The S&P 500 was up 0.2% to 4,487.50 during midday trading.

The Dow Jones Industrial Average rose 0.1% to 35,374.50.

The Nasdaq climbed 0.4% to 14,995.38.

The yield on a 10-year Treasury bond jumped 2.3% to 1.284%

The price of gold increased 0.1% to $1,808.50.

The price for a barrel of oil climbed 2.7% to $67.42.

TECHNOLOGY

Auto tech maker Indie Semiconductor Inc. (Nasdaq: INDI) in Aliso Viejo surged 11% to $10.07 per share for a market cap of $1.3 billion. InvestorsObserver.com said earlier today that data show “analysts expect the stock to climb 70.79% over the next 12 months.”
 

HEALTHCARE 

Irvine-based cancer test maker Oncocyte Corp. (NYSE: OCX) fell 4.8% to $3.97 per share for a market cap of $364 million. Investor website SimplyWallSt.com said the stock has soared “a full 202%” over the last year despite the recent decline but “only time will tell if there is still too much optimism currently reflected in the share price.”

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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