Dow Jumps 300 Points; Alimera Sciences Shares Spike Higher
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- U.S. Stock Market: Dow Jones gained over 300 points, trading mixed with NASDAQ falling by 0.42% and S&P 500 rising by 0.20%.
- Sector Performance: Energy shares surged by 2.6%, while information technology shares fell by 1.1%.
- Top Headline: The Federal Reserve Bank of Dallas reported an improvement in the general business activity index for manufacturing in Texas from -19.4 in May to -15.1 in June.
- Equities Trading UP: Companies like Agrify Corporation, MicroAlgo Inc., and Alimera Sciences saw significant share price increases.
- Equities Trading DOWN: eFFECTOR Therapeutics, American Rebel Holdings, and Allarity Therapeutics experienced notable drops in their stock prices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
