US markets edged higher on Thursday after March’s producer price index (PPI) fell 0.5%, a below-average economist forecast for a 0.1% gain, while the US jobs market continued to show signs of slowing.

What happened: The number of Americans filing for unemployment benefits increased by 11,000 to 239,000 in the week ended April 8. higher than the forecast 232,000.

As a result, major Wall Street indices closed over 1% higher.

Meanwhile, the following are five stocks that are catching investors’ attention:

1. Tesla Inc. TSLA: Shares of Tesla closed up 2.97% on Thursday. The California Department of Civil Rights said the electric vehicle maker is obstructing a state investigation into alleged workplace harassment and discrimination at its main electric vehicle plant by refusing to release information to investigators. reported Bloomberg.

Also read: Everything you need to know about Tesla stock

2. apple inc AAPL: The company’s shares closed up 3.41%. The company announced a new goal for 2025 to use 100% recycled cobalt in all batteries designed by Apple, and also said magnets in Apple devices will use fully recycled rare earth elements.

3. Boeing Co B.A: Company’s shares lost over 5% in extended trading. The company has halted shipments of around 737 MAXs due to a new supplier quality issue Spirit AeroSystems Holdings Inc SPR that could go back to 2019, Reuters reported.

4. Lucid Group Inc LCID: Shares of the company lost over 6% in extended trading. The company reported first-quarter production and shipment numbers that were lower than the previous three months, Reuters reported. Lucid produced 2,314 vehicles and delivered 1,406 vehicles in the quarter ended March 31, down from the 3,493 vehicles produced and 1,932 delivered in the December quarter, the report said.

5. Ocean Biomedical Inc OCEA: The company’s shares closed 49.89% higher on Thursday after announcing that its co-founder had received an approval notice from the USPTO for his US patentt related to malaria…