Nvidia surpassed Microsoft stock's market cap in a quiet preholiday session overall. ELF, Palantir also were winners.
The parent company of former President Donald Trump’s Truth Social platform said it had been cleared to resell certain shares and warrants.
European markets opened higher on Thursday after a mixed day of thin trading in Asia after U.S. markets were closed in observance of Juneteenth. The central bank was expected to keep its main interest rate at a 16-year high of 5.25%, even after data released Wednesday showed that British inflation fell to the central bank’s 2% target in May, for the first time in nearly three years. The Swiss National Bank lowered its main policy rate by a quarter of a percentage point, citing a drop in “underlying inflationary pressure” despite an uptick in some costs like rents, tourism services and oil products.