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Saturday, Jul 2, 2022
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Midday Stock Roundup

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Indexes surged in midday trading Thursday after the House of Representatives passed a $1.9 trillion relief bill. 


The S&P 500 was up 1.4% to 3,954.29.

The Dow Jones increased 1% to 32,622.45.

The Nasdaq jumped 2.5% to 13,393.73.

The yield on a 10-year Treasury bond increased 1.5% to 0.9211%.

The price of gold climbed 1.9% to $1,724.

The price of oil rose 2% to $65.78 a barrel.


TECHNOLOGY

Chipmaker Skyworks Solutions Inc. (Nasdaq: SWKS) increased 4.8% to $175.71 and a $29 billion market cap. Shares of the Irvine-based firm have fallen about 9.5% since last month, when the company reported better-than-expected revenue of $1.5 billion in its first quarter of 2021. 


SERVICES

Irvine-based Montrose Environmental Group Inc. (NYSE: MEG) rose 7.9% to $47.20 and a $1.1 billion market cap. Shares of the provider of environmental consulting services have more than tripled from $15 since its initial public offering last July. 

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