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US Stocks Open Higher; Dow Jumps 150 Points - AngioDynamics (NASDAQ:ANGO), KE Holdings (NYSE:BEKE)

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U.S. stocks traded higher this morning, with the Dow Jones gaining around 150 points on Thursday. Following the market opening Thursday, the Dow traded up 0.48% to 32,874.88 while the NASDAQ rose 0.68% to 12,007.85. The S&P 500, also rose, gaining, 0.62% to 4,052.93.

Check This Out: $18.5M Bet On Southwest Gas? Check Out These 3 Stocks Insiders Are Buying Leading and Lagging Sectors Real estate shares jumped by 1.4% on Thursday. Meanwhile, top gainers in the sector included Opendoor Technologies Inc.

(NASDAQ:OPEN), up 2%, and KE Holdings Inc. (NYSE:BEKE), up 5%. In trading on Thursday, communication services fell by 0.1%.

Top Headline US initial jobless claims increased by 7,000 from the prior week to 198,000 in the week ending March 25, compared to market expectations of 196,000. Equities Trading UP EVgo, Inc. (NASDAQ:EVGO) shares shot up 24% to $7.15 after the company reported reported that fourth-quarter sales nearly quadrupled year-on-year to $27.30 million, beating the consensus of $21.82 million.

Shares of Fluence Energy, Inc. (NASDAQ:FLNC) got a boost, shooting 16% to $18.86. Goldman Sachs upgraded Fluence Energy from Neutral to Buy and raised the price target from $25 to $29.

RenovoRx, Inc. (NASDAQ:RNXT) shares were also up, gaining 14% to $4.45 after the company announced new data from Phase III clinical trial interim analysis. Equities Trading DOWN Dragonfly Energy Holdings Corp.

(NASDAQ:DFLI) shares dropped 29% to $3.1650 after the company reported worse-than-expected Q4 sales. Shares of AngioDynamics, Inc. (NASDAQ:ANGO) were down 24% to $9.48 after the company posted downbeat Q3 results and lowered FY23 outlook.

Laser Photonics Corporation (NASDAQ:LASE) was down, falling 24% to $4.6550 after the company said it will postpone reporting its Q4 ended December 31, 2022. Also Check This Out: Bitcoin Surges Past This Key Level; Mask Network, Frax Share Among Top Gainers Commodities In commodity news, oil traded up 0.9% to $73.60 while gold traded up 1% at $1,985.80. Silver traded up 1.3% to $23.76 on Thursday while copper rose 0.3% to $4.0995.

Euro zone European shares were higher today. The eurozone’s STOXX 600 rose 0.8%, London’s FTSE 100 rose 0.7% while Spain’s IBEX 35 Index gained 1.5%. The German DAX gained 1%, French CAC 40 rose 1% and Italy’s FTSE MIB Index gained 1%.

The annual consumer price inflation rate in Spain eased to 3.3% in March from 6% in the prior month, while retail sales growth in Spain eased to 4% year-over-year for February compared to around two-year high of 5.5% rise in the prior month. UK car production climbed 13.1% year-over-year to 69,707 units in February compared to a 0.3% decline in January. Asia Pacific Markets Asian markets closed mostly higher on Thursday, with Japan’s Nikkei 225 dropping 0.36%, Hong Kong’s Hang Seng Index climbing 0.58% and China’s Shanghai Composite Index gaining 0.65%.

India’s S&P BSE Sensex gained 0.6%. Economics US initial jobless claims increased by 7,000 from the prior week to 198,000 in the week ending March 25, compared to market expectations of 196,000. The US economy grew by an annualized 2.6% on quarter during the final three months of 2022, compared to initial estimates of a 2.7% growth.

Now Read This: Top 5 Risk Off Stocks That May Crash In March COVID-19 Update The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 106,163,400 cases with around 1,154,350 deaths. India confirmed a total of at least 44,709,670 cases and 530,840 deaths, while France reported over 39,782,580 COVID-19 cases with 165,600 deaths. In total, there were at least 683,644,470 cases of COVID-19 worldwide with more than 6,829,250 deaths.

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