Market Updates
U.S. Movers: Boeing, Big Lots, Dell Technologies, Palantir Technologies, Squarespace
Scott Peters
09 Sep, 2024
San Francisco
Boeing increased 3.3% to $162.86, and the company and the factory workers union agreed on wage and work rules revisions, potentially avoiding a future strike.
Dell Technologies rose 5.4% to $107.50 and Palantir Technologies advanced 8% to $32.81 after the two companies were selected to be included in the benchmark index S&P 500 index.
The benchmark index revision index was announced at the end of the market close on Friday.
Big Lots declined 0.3% to $0.30, and the company agreed to sell its business to an affiliate of Nexus Capital and plans to file for bankruptcy.
Dollar stores have been under pressure as low-income families have cut down their purchases on non-essential items, and high-income and middle-income households have increased their spending on basic items at stores owned by Walmart and Target.
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