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Friday, Jun 9, 2023

Midday Stock Roundup

Major U.S. indices were down Friday on dismal results for April retail sales, with spending off 16.4%.

The S&P500 fell 0.23% to 2,845.82.

The Nasdaq was down 0.14% to 8,930.67, while the Dow Jones Industrial Average was off 0.28% to 23,558.38.

Crude oil jumped 6.3% to $29.29.

Gold was up 0.9% to $1,757.50.

The yield on a 10-year Treasury rose 4% to 0.64%.


Orange County medical device makers were generally mixed Friday.

Irvine heart valve maker Edwards Lifesciences Corp. (NYSE: EW) was down 2.7% to $211.57. Orange County’s largest publicly-traded company had a recent market capitalization of $44.9 billion.

San Clemente glaucoma device maker Glaukos Corp. (NYSE: GKOS) rose 3% to $35.72 after disclosing several of its devices would be part of presentations given during the American Society of Cataract and Refractive Sugery’s annual meeting to be held virtually this weekend. The company had a recent market cap of $1.6 billion.

Elsewhere, STAAR Surgical Company (Nasdaq: STAA) of Lake Forest rose 5.7% to $35.50 for a market cap of $1.7 billion. ICU Medical Inc. (Nasdaq: ICUI) of San Clemente was down nearly 1% to $183.92 for a market cap of $3.8 billion. Irvine-based Masimo Corp. (Nasdaq: MASI) was trading up 1.8% to $250.53 for a market cap of $13.6 billion.

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