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Saturday, Jul 2, 2022
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Midday Stock Round Up

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The S&P 500 was up 0.5% in midday trading to 2,902.8.

The Dow Jones Industrial Average rose 0.2% to 26,137.3.

Nasdaq climbed 0.8% to 7,850.2.

Crude oil fell 1.4% to $51.92.

Gold rose 0.4% to $1,514.5.

The yield on a 10-Year bond descended 4.2% to 1.53%.

SERVICES

Resources Connection Inc. (Nasdaq: RECN) stock saw a 13% decrease to $14.55 a share at midday. The Irvine-based company yesterday reported first quarter revenue fell 3.6% to $172.2 million. “We are disappointed by our revenue results this quarter,” Chief Executive Kate Duchene said in a statement.

HEALTHCARE

Endologix Inc. (Nasdaq: ELGX) was up 9% which brought shares to $3.62 since at midday and a $55 million market cap. Shares of the Irvine-based maker of treatments for aortic disorders are still down by more than half since June when it made a presentation at an investor conference in New York.

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