U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 100 points on Thursday.

Following the market opening Thursday, the Dow traded down 0.06% to 52,318.21 while the NASDAQ rose 0.46% to 25,988.39. The S&P 500 also rose, gaining, 0.24% to 7,500.39.

Leading and Lagging Sectors

Information technology shares jumped by 1.4% on Thursday.

In trading on Thursday, consumer staples stocks fell by 1.7%.

Top Headline

U.S. initial jobless claims declined by 2,000 to 215,000 in the week to July 4, compared to market estimates of 218,000.

Equities Trading UP
         

• Virax Biolabs Group Ltd (NASDAQ:VRAX) shares shot up 216% to $10.05 after the company announced its subsidiary, Virax Biolabs, entered into an exclusive multi-country commercial supply agreement with Fosun Diagnostics for ImmuneSelect research-use immune profiling product line.
• Shares of Lion Group Holding Ltd – ADR (NASDAQ:LGHL) got a boost, surging 40% to $0.45.
• Rocket One Inc (NASDAQ:RKTO) shares were also up, gaining 42% to $1.14 after the company announced it added SpaceXAI API to its AI technology stack.

Equities Trading DOWN

• Aimei Health Technology Co Ltd (NASDAQ:AFJK) shares dropped 33% to $18.00. Aimei Health Technology terminated the business combination agreement with United Hydrogen Group.
• Shares of LQR House Inc (NASDAQ:YHC) were down 27% to $0.026 after the company announced a 1-for-100 reverse stock split.
• Rackspace Technology, Inc. (NASDAQ:RXT) was down, falling 26% to $4.84 after the company cut its FY26 revenue guidance and filed prospectus for offering $250 million common shares.

Commodities

In commodity news, oil traded down 0.4% to $73.24 while gold traded up 1.2% at $4,131.60.

Silver traded up 2.7% to $60.140 on Thursday, while copper rose 2.1% to $6.2370.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.5%, while Spain’s IBEX 35 Index rose 1.1%. London’s FTSE 100 fell 0.4%, Germany’s DAX gained 0.6%, while France’s CAC 40 gained 0.7%.

Asia Pacific Markets

Asian markets closed mixed on Thursday, with Japan’s Nikkei 225 gaining 1.38%, Hong Kong’s Hang Seng index falling 0.70%, China’s Shanghai Composite rising 1.65% and India’s BSE Sensex gaining 0.31%.

Economics

U.S. initial jobless claims declined by 2,000 to 215,000 in the week to July 4, compared to market estimates of 218,000.

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