Mid-Morning Market Update: RCM Technologies Shares Spike Higher, Even As Walt Disney Prepares to Announce Q1 Results

Following the market opening Thursday, the Dow traded up 0.13% to 31,479.23 while the NASDAQ rose 0.30% to 14,014.62. The S&P also rose, gaining 0.15% to 3,916.15. Leading and Lagging Sectors Information Technology shares climbed 0.83% on Thursday. Meanwhile, top gainers in the sector included MicroVision, Inc. MVIS, up 36.79%, and Impinj, Inc. PI, up 21.29%. In trading on Thursday, energy shares fell 1.24%. Top Headline The Walt Disney Company DIS is scheduled to report its first quarter results after market close on Thursday. The consensus expectations for revenue for Walt Disney stand at $15.92 billion, representing 24% year-over-year decline, with adjusted loss per share of $0.38. Equities Trading UP RCM Technologies, Inc. RCMT shares shot up 168.56% to $9.91 after the company announced news regarding its projects to create sanitizer-grade ethanol. Shares of Monopar Therapeutics, Inc. MNPR surged 90.60% to $16.01 following the company's announcement of the publication of a peer-reviewed study in the European Journal of Cancer that demonstrated the potential use of Monopar's proprietary humanized uPAR antibody, MNPR-101, as a uPAR imaging agent to improve surgical outcomes in bladder cancer. AC Immune SA ACIU was up, rising 59.37% to $11.65 after the company announced that its Alzheimer's vaccine was successful in generating key antibodies in 100% of the "older patients" during a mid-stage test. Equities Trading DOWN Anchiano Therapeutics, Inc. ANCN shares tumbled 34.92% to $5.18. Shares of Pulmatrix, Inc. PULM were down 21.13% to $2.09. The company announced that it has entered into definitive agreements with healthcare-focused institutional investors for the purchase of 20,000,000 shares of its common stock, at $2.00 per share. Cancer Genetics, Inc. CGIX was down, falling 18.60% to $7.00. Commodities In commodity news, oil traded down 0.27% to $58.52, while gold traded down 0.14% to $1,840.10. Silver rose 0.75% Thursday to $27.28, while copper fell 0.28% to $3.76. Euro zone European shares were mostly higher today. The eurozone's STOXX 600 rose 0.46%, while the Spanish Ibex Index fell 0.32%. Italy's FTSE MIB Index climbed 0.36%, the German DAX gained 0.83%, and the French CAC 40 rose 0.09%. UK shares were up 0.16%. Economics The Federal Budget Plan FY 2022 is scheduled to be announced at 2:00 ET. The previous fiscal budget included a budget deficit of $430 billion.