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Benzinga
Benzinga
Business
Henry Khederian

Markets Rise Amid Strength In Tech, Software

U.S. indices finished Thursday’s trading session higher. Overall tech and software sector strength as well as strong first-quarter results from Mongodb Inc (NASDAQ:MDB) lifted markets higher for the session.

  • The Nasdaq composite finished higher by 2.69% to 12,316; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 2.74% to $314.38

  • The S&P 500 traded higher by 1.84% to 4,176; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 1.90% to $417.39

  • The Dow Jones composite finished higher by 1.41% to 33,248.28; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 1.34% at $332.77

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

DexCom, Inc. (NASDAQ:DXCM), Generac Holdings Inc. (NYSE:GNRC) and Enphase Energy Inc (NASDAQ:ENPH) were among the top gainers.

HP Inc (NYSE:HP), Hormel Foods Corp (NYSE:HRL) and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) were among the top losers.

Elsewhere On The Street

This week in the housing market, mortgage rates were mostly flat, mortgage application volume was down and the Sun Belt is shining with new single-family home construction… Read More

Ford Motor Co (NYSE:F) CEO Jim Farley said on Wednesday the legacy automaker has a far higher relative price for distribution than electric vehicle maker Tesla Inc (NASDAQ:TSLA)... Read More

Brazilian soccer legend Pele asked Russian President Vladimir Putin to put a full stop to his invasion of Ukraine, minutes before Ukraine's national team played in a World Cup qualifying game… Read More

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