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Thursday, Mar 30, 2023
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Midday Stock Roundup

The S&P 500 fell 0.5% to 3,777.72 in midday trading Friday.

The Dow Jones Industrial Average slipped 0.3% to 30,895.24, while the Nasdaq declined 0.5% to 13,050.87.

Crude oil was down 2.5% to $52.24.

Gold was off 1.2% to $1,829.20.

The yield on a 10-year Treasury fell 3.5% to 1.09%.

TECHNOLOGY

Irvine chipmaker Skyworks Solutions Inc. (Nasdaq: SWKS) declined 3.7% to $152.10 for a market cap of $25 billion. The company, which was trading on volume lower than its daily average, is down 1.8% so far this year.

HEALTHCARE

Inari Medical Inc. (Nasdaq: NARI) rose 3.8% to $96.48 for a market cap of $4.9 billion. The Irvine-based medical device company this week reported preliminary fourth-quarter results, with revenue up from the year-ago period to between $47.9 million and $48.9 million. Procedures were also up during the quarter compared to the year-ago period.

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