59.3 F
Laguna Hills
Tuesday, May 28, 2024
-Advertisement-
Array

Midday Stock Roundup

Indexes rose in midday trading after Chinese President Xi Jinping eased tensions about a potential trade war between China and the U.S.

The S&P 500 rose 1.6% to 2,654.27. The Dow Jones Industrial Average climbed 1.7% to 24,395.05, and the Nasdaq increased 1.7% to 7,065.05.

The yield on a 10-year Treasury bond increased 0.5% to 2.80%.

The price of gold rose 0.2% to $1,342.

SERVICES

ShiftPixy Inc. (Nasdaq: PIXY) jumped 14% to $3.06 and an $88 million market cap. It’s scheduled to report fiscal second-quarter results on April 13. Irvine-based ShiftPixy provides temporary and shift workers via an app.

FINANCE

Impac Mortgage Holdings Inc. (NYSE: IMH) climbed 6.2% to $8.29 and a $173 million market cap. Volume was about half the 90-day average for the Irvine-based mortgage provider.

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!

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.
-Advertisement-

Featured Articles

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

Related Articles

-Advertisement-
-Advertisement-