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Saturday, Jul 2, 2022

Midday Stock Roundup

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The S&P 500 was flat at 4,129.37 during midday trading.

The Dow Jones Industrial Average dipped 0.2% to 33,726.05.

The Nasdaq also decreased 0.2% to 13,874.68.

The yield on a 10-year Treasury bond was up 0.5% to 1.675%.

The price of gold was down 0.7% to $1,733.

The price for a barrel of oil rose 0.7% to $59.73.

Newport Beach-based Chipotle Mexican Grill (NYSE: CMG) rose 1.4% to $1,552.45 and a $43.7 billion market cap following a stock upgrade by Raymond James, with one analyst boosting their rating on the fast-casual restaurant chain to outperform from market perform, and setting a stock price target of $1,800. Shares hit a new 52-week high of $1,579.52 earlier Monday.

Evolus (Nasdaq: EOLS) fell 7.8% to to $12.52 and a $548 million market cap after climbing more than 10% last week. Shares in the Newport Beach-based provider of aesthetic products are still up four-fold since early January.

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