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Monday, Jun 17, 2024
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Midday Stock Roundup

The S&P 500 climbed 0.4% in midday trading to 2,653.71 after the U.S. Senate passed its version of a tax reform bill.

The Dow Jones Industrial Average rose 0.8% to 24,432.09.

The Nasdaq declined 0.2% to 6,832.19.

The yield on a 10-year Treasury bond increased 1.2% to 2.39%.

The price of gold fell 0.4% to $1,273.

RETAIL

Boot Barn Holdings Inc. of Irvine (NYSE: BOOT) increased 6.6% to $15.34 and a $409 million market cap. Shares have more than doubled since Nov. 2, when it announced fiscal second-quarter results that topped analyst estimates for revenue and profit.

RESTAURANTS

Habit Restaurants Inc. (Nasdaq: HABT) rose 6.7% to $9.93 and a $258 million market cap. Shares had dropped 25% to $9.30 on Nov. 2 after the Irvine-based fast-casual burger chain reported third-quarter same-store sales fell 0.2% year-over-year.

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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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