Yahoo Finance's Ines Ferré breaks down the stocks gaining the most in anticipation that the Inflation Reduction Act will be signed into law.
The Dow Jones Industrial Average surged 400 points in pre-market hours after this morning's reassuring inflation data raised investors' hopes of a soft landing. The Nasdaq added to the morning's strong gains and is up by 2.5% in the afternoon session. The Russell 2000 posted a strong 2.5% gain.
Ormat Technologies (ORA) Q2 revenues of $169.1 million exceed the Zacks Consensus Estimate by 5.5%. Moreover, the top line increases 15.1% on a year-over-year basis