U.S. markets soared on Thursday after the producer price index (PPI) fell 0.5% in March, below average economist forecast for a 0.1% increase while U.S. job market continued to show signs of cooling.

What Happened: The number of Americans applying for unemployment benefits rose by 11,000 to 239,000 in the week ending April 8, higher than the projected 232,000.

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

Meanwhile, following are the five stocks that are drawing investors' attention:

Also Read: Everything You Need to Know About Tesla Stock

2. Apple Inc (NASDAQ:AAPL): Shares of the company closed 3.41% higher. The company announced a new 2025 target to use 100% recycled cobalt in all Apple-designed batteries and also said magnets in Apple devices will use entirely recycled rare earth elements.

3. Boeing Co (NYSE:BA): Shares of the company lost over 5% in extended trading. The company has stopped deliveries of some 737 MAX over a new supplier quality problem by Spirit AeroSystems Holdings Inc (NYSE:SPR) that could go back to 2019, reported Reuters.

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