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Friday, Dec 8, 2023
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Midday Stock Roundup

The S&P 500 fell 0.2% in midday trading to 2,988.86.

The Dow Jones Industrial Average declined 0.1% to 26,928.79.

The Nasdaq ticked down 0.1% to 8,158.72.

The yield on a 10-year Treasury bond jumped 4.5% to 2.04%.

The price of gold declined 1.5% to $1,399.

The price of oil was flat at $57.34 a barrel.

MANUFACTURING

Bridgford Foods Corp. (Nasdaq: BRID) in Anaheim rose 5% to $36.64 and a $328 million market cap. The food product maker’s shares, which are majority-owned by family holders and thinly traded, are up about 23% this week on no news and have more than doubled this year.

HEALTHCARE

Beauty products company Evolus, Inc. (Nasdaq: EOLS) of Newport Beach is up 4.1% to $14.66 a share and a $396 million market cap. The shares are still 51% below its 52-week high last February.

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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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