U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.57% to 49,977.52 while the NASDAQ gained 0.32% to 26,488.04. The S&P 500 also rose, gaining, 0.39% to 7,473.64.
Leading and Lagging Sectors
Information technology shares jumped by 0.8% on Thursday.
In trading on Thursday, health care stocks fell by 0.3%.
Top Headline
U.S. retail sales rose 0.5% month-over-month in April compared to a revised 1.6% gain in the previous month.
Equities Trading UP
- Snail Inc (NASDAQ:SNAL) shares shot up 159% to $1.30 after the company reported better-than-expected first-quarter financial results
- Shares of MOBIX LABS, INC. (NASDAQ:MOBX) got a boost, surging 117% to $3.77 after the company announced a non-binding Letter of Intent to acquire Special Project Delivery LLC.
- Robo.ai Inc (NASDAQ:AIIO) shares were also up, gaining 59% to $4.14 as the company announced the launch of its NeuroStream technology platform.
Equities Trading DOWN
- MDxHealth SA (NASDAQ:MDXH) shares dropped 50% to $0.98 after the company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates.
- Shares of Stak Inc (NASDAQ:STAK) were down 38% to $1.48 after the company reported fiscal first-half 2026 financial results that showed slowing profitability despite higher revenue growth.
- Regenxbio Inc (NASDAQ:RGNX) was down, falling 31% to $6.94 after the company reported worse-than-expected first-quarter financial results.
Commodities
In commodity news, oil traded down 0.6% to $100.42 while gold traded up 0.1% at $4,708.40.
Silver traded down 3.1% to $86.590 on Thursday, while copper fell 0.9% to $6.6165.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.7%, while Spain's IBEX 35 Index rose 0.8%. London's FTSE 100 rose 0.4%, Germany's DAX rose 1.3%, while France's CAC 40 gained 0.9%.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei 225 falling 0.98%, Hong Kong's Hang Seng Index gaining 0.002%, China's Shanghai Composite dipping 1.52% and India's BSE Sensex gaining 1.06%
Economics
- U.S. initial jobless claims increased by 12,000 from the previous week to 211,000 during the first week of May, compared to market estimates of 205,000.
- U.S. export prices rose by 3.3% month-over-month in April compared to a revised 1.5% gain in March.
- U.S. import prices increased by 1.9% month-over-month in April, compared to market estimates of a 1% gain.
- U.S. retail sales rose 0.5% month-over-month in April compared to a revised 1.6% gain in the previous month.
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