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Saturday, Dec 3, 2022
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Midday Stock Roundup

Fears of the coronavirus’ impact on global growth persist, pushing the major indices down in midday trading Friday.

The S&P 500 was down 1.1% to 3,334.5.

The Dow Jones Industrial Average was off 0.9% to 28,952.2, while the Nasdaq slipped 1.8% to 9,574.1.

The price of oil fell 0.9% to $53.40 a barrel.

The yield on a 10-year bond declined 3.9% to $1.47.

Gold rose 1.8% to $1,649.

MANUFACTURING

Shares of Santa Ana-based Ducommun Inc. (NYSE: DCO) surged 31% to $55.91, a day after reporting better-than-expected fourth-quarter results. The aerospace manufacturer had a recent market cap of $646 million.

RESTAURANTS

Huntington Beach-based restaurant operator BJ’s Restaurants Inc. (Nasdaq: BJRI) slumped 13% to $38 for a market cap of $722.03 million. The company reported fourth-quarter results on Thursday, missing consensus estimates on revenue.

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