Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Drop in jobless claims boosts markets

A drop in first time applications for unemployment benefits boosted investor enthusiasm to lift the markets to a sharply higher close with the Dow surging 293 points to 24,483. Nasdaq leaped 71 points to 7140.


On the upside


Shares of Zuora (NYSE: ZUO) surged on its first trading day.


Geron (Nasdaq: GERN) stock rose ahead of partner Johnson & Johnson's (NYSE: JNJ) upcoming earnings release.


Shares of Selecta Biosciences (Nasdaq: SELB) surged for the third day in a row.

On the downside


Argan (NYSE: AGX) reported sharply lower fourth quarter earnings as revenue dropped.


Daqo New Energy (NYSE: DQ) priced its registered follow-on offering of 2 million American Depositary Shares at the discounted price of $55.00 per ADS.


Profit taking weighed down shares of Pretium Resources (NYSE: PVG).


In the broad market, advancing issues outpaced decliners by a margin of 6 to 5 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 climbed 21 points to 2,663. Bitcoin surged $820 to $7,724.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.