Previous Close | 4.7400 |
Open | 4.8400 |
Bid | 4.8400 x 2200 |
Ask | 4.8500 x 1800 |
Day's Range | 4.6900 - 4.9050 |
52 Week Range | 3.3150 - 17.7000 |
Volume | |
Avg. Volume | 4,788,538 |
Market Cap | 1.942B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.4190 |
Earnings Date | Nov 10, 2021 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 7.00 |
The S&P 500 was trading at its highest level in more than three months on Thursday, extending a rally from the previous session as fresh evidence of cooling inflation further cemented hopes of a smaller rise in interest rates. Growth and technology stocks rebounded after data showed U.S. producer prices unexpectedly fell in July bolstering the chance of a 50-basis point hike by the Federal Reserve in September instead of 75 basis points.
Stocks jumped on tame inflation, with the market rally now in a power trend. Lithium stocks flashed buy signals.
The Nasdaq Composite popped for a gain of 2.89% on Wednesday, closing near the top of the daily range. As of the closing bell, the Nasdaq Composite stood 21.7% above it's June 17 low. On Wednesday, even at the day's lows, the Nasdaq Composite rested 20% above those awful lows of mid-June.