U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 300 points on Thursday.
The Dow traded up 0.77% to 39,814.95 while the NASDAQ rose 0.25% to 16,410.54. The S&P 500 also rose, gaining, 0.38% to 5,244.72.
Check This Out: Micron, Accenture And 3 Stocks To Watch Heading Into Thursday
Leading and Lagging Sectors
Industrials shares jumped by 1% on Thursday.
In trading on Thursday, materials shares rose by just 0.1%.
Top Headline
Shares of Accenture Plc (NYSE: ACN) dipped around 9% on Thursday after the company reported results for its fiscal second quarter.
Accenture reported second-quarter fiscal 2024 sales of $15.80 billion compared with the consensus of $15.84 billion, flat Y/Y in U.S. dollars and local currency. Revenues were slightly above the midpoint of the company’s guided range of $15.40 billion – $16.00 billion. Adjusted EPS of $2.77 beat the consensus of $2.66.
Accenture expects fiscal 2024 adjusted EPS of $11.97 – $12.20 (prior $11.97 – $12.32) versus consensus of $12.24. For fiscal 2024, the company expects revenue growth of 1% – 3% (prior 2% – 5%) in local currency vs. $66.18 billion consensus.
Equities Trading UP
Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares shot up 70% to $0.4124 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
Shares of CuriosityStream Inc. (NASDAQ: CURI) got a boost, surging 56% to $0.91 ...
Benzinga
