60.4 F
Laguna Hills
Monday, May 12, 2025
-Advertisement-

Midday Stock Roundup

The S&P 500 was down 0.3% to 4,482.66 during midday trading.

The Dow Jones Industrial Average decreased 0.2% to 35,342.70.

The Nasdaq declined 0.2% to 15,015.66.

The yield on a 10-year Treasury bond climbed 0.8% to 1.353%.

The price of gold increased 0.2% to $1,794.80.

The price for a barrel of oil dropped 1.08% to $67.62.

 

TECHNOLOGY

Auto tech maker Indie Semiconductor Inc. (Nasdaq: INDI) in Aliso Viejo jumped 4.8% to $10.12 per share for a market cap of $1.3 billion. Analysts expect the stock to climb 70.8% over the next 12 months.

Irvine-based maker of low carbon products Clean Energy Technologies Inc. (OTC: CETY) jumped 6% to 4 cents per share and a $39.1 million market cap. The company this month reported it has finalized a deal to develop with Ashfield Ag Resources a $15,000,000 renewable energy processing facility in Massachusetts.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Audrey Kemp
Audrey Kemp
Audrey Kemp is a staff reporter and occasional photojournalist for the Orange County Business Journal. Her beats include — but are not limited to — healthcare, startups, and education. While pursuing her bachelors in literary journalism at UC Irvine, she interned for New York-based magazine Narratively Inc., wrote for Costa Mesa-based lifestyle magazine Locale, and covered the underground music scene for two SoCal-based music publications. She is an unwavering defendant of the emdash and the Oxford comma.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-