Gold tops $1,900 after US CPI report, S&P 500 up 0.5% – Akerna…

Gold tops $1,900 after US CPI report, S&P 500 up 0.5% – Akerna…

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US stocks traded higher towards the end of trade on the release of inflation data.

The Dow was up 0.72% to 34,219.27, while the NASDAQ was up 0.63% to 11,000.65. The S&P 500 was also up 0.50% to 3,989.56.

Look at that: Netflix up 18%? Here are 10 more analyst forecasts for Thursday


Leading and lagging sectors


Energy stocks gained 2.1% on Thursday. Meanwhile top winner in the sector included KLX Energy Services Holdings, Inc. KLXEincreased by 10% and NGL Energy Partners LP NGLincreased by 11%.


In Thursday trading, consumer staples stocks fell 0.6%.


top heading


The consumer price index in the United States fell 0.1% mom in December. Annual inflation slowed to 6.5% in December for the sixth straight month, the lowest level since October 2021.

Stock trading UP

  • EXPION360 INC. XPON Shares rose 118% to $3.44 after the company introduced the AURA POWERCAP 600 and AURA POWERCAP 800, accessories that can transform Expion360 Li-ion batteries into a 600-watt or 800-watt portable powerhouse.
  • shares of Akerna Corp. CORE got a boost, soaring 75% to $1.69 after the company announced the sale of 365 cannabis for $2.8 million.
  • BigBear.ai Holdings, Inc. BBAI Shares were also higher, gaining 230% to $2.7750 after the company announced it had received a $900 million indefinite supply/unspecified quantity order from the US Air Force.

Stocks are trading down

  • Oramed Pharmaceuticals Inc. ORMP Shares fell 77% to $2.5101 after the company announced that the ORA-D-013-1 study failed to meet its primary endpoint.
  • shares of KNOT Offshore Partners LP BUTTON fell 38% to $6.54 after Alliance Global Partners downgraded the stock to sell from buy and announced a price target of $6.
  • Logitech International SA LOGI was down, falling 17% to $56.58 after the company reported preliminary third-quarter net sales results below guidance and reduced its FY23 outlook.

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