Mid-Day Market Update: Twitter Shares Hit New High; Oil Futures Gain

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Midway through trading Thursday, the Dow traded up 0.44 percent to 16,429.66 while the NASDAQ surged 0.30 percent to 4,167.74. The S&P also rose, gaining 0.32 percent to 1,839.23.
Top Headline
On Tuesday, BlackBerry
BBRY
co-founder Michael Lazaridis lowered his stake in the company to just below 5% versus 5.7%. BlackBerry posted a Q3 loss of $4.4 billion last week.
Equities Trading UP
Shares of Twitter
TWTR
got a boost, shooting up 5.33 percent to $73.69 after gaining for three trading days. Twitter shares surged to a new high today. Eagle Rock Energy Partners LP
EROC
shot up 3.78 percent to $6.59 after Raymond James upgraded the stock from Underperform to Market Perform. DryShips
DRYS
was also up, gaining 10.07 percent to $4.59 after jumping 6.1% on Tuesday.
Equities Trading DOWN
Shares of Goodrich Petroleum
GDP
were down 7.40 percent to $16.02
following the news
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of plugging at Tuscaloosa Marine Shale. Opko Health
OPK
tumbled 1.88 percent to $8.87. Opko Health shares have surged 93.16% over the past 52 weeks. Capital Senior Living
CSU
was down, falling 1.64 percent to $23.43after the company reported that it has
completed the acquisition
of four senior living communities for $64.9 million.
Commodities
In commodity news,
oil traded up 0.31 percent
to $99.53, while gold traded up 0.74 percent to $1,212.20. Silver traded up 2.31 percent Thursday to $19.94, while copper rose 0.34 percent to $3.39.
Euro zone
European markets
were closed
today in observance of Boxing Day.
Economics
US jobless claims declined 42,000 to 338,000 in the week ended December 21, versus economists' expectations for a 345,000.drop. Continuing claims rose 46,000 to 2.92 million in the week ended December 14. The Bloomberg Consumer Comfort Index rose to -27.40 in the week ended December 22, versus a prior reading of -29.40. Data on money supply will be released at 4:30 p.m. ET.
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Posted In: EarningsNewsGuidanceEurozoneFuturesCommoditiesForexGlobalEcon #sEconomicsHotIntraday UpdateMarketsMoversTech
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