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Saturday, Dec 9, 2023
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Midday Stock Roundup

The S&P 500 was 0.3% higher in midday trading to 2,526.17.

The Dow Jones Industrial Average rose 0.5% to 22,520.71.

The NASDAQ climbed 0.1% to 6,504.86.

The yield on a 10-year Treasury bond was up 0.5% to 2.34%.

The price of gold declined 0.6% to $1,271.

TECHNOLOGY

Costa Mesa-based Veritone (Nasdaq: VERI) jumped 13% to $51.50 and a $767 million market cap. Veritone said today that it signed an expanded, two-year agreement with iHeartMedia Inc., which specializes in radio.

HEALTHCARE

Irvine-based Endologix Inc. (Nasdaq: ELGX) rose 4.7% to $4.67 and a $388 million market cap. Shares of the maker of endovascular stent grafts are still down about 38% since May.

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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