The major indices rebounded after Wednesday’s selloff despite a worse-than-expected report on weekly jobless claims. The Dow gained 0.6%, the S&P 500 moved up 1% and the Nasdaq increased 1.5%.
Here are Thursday’s winners and losers:
Winners
Genworth Financial Inc. (GNW)
Positive news from Raymond James pushed shares of the insurer up 20.2%, leading the rest of the insurance sector into positive territory. GNW last traded at $4.99, a gain of 84 cents.
Hartford Financial Services Group Inc. (HIG)
Another winner in the insurance sector, Hartford Financial’s stock moved to the upside by 17.4% on Thursday. Shares closed the session at $14.75, a gain of $2.19 on the day.
Office Depot Inc. (ODP)
Office Depot rebounded from Wednesday’s loss, gaining 51 cents, or 16.7%, to settle at $3.57.
American International Group Inc. (AIG)
The insurance giant benefited from the GNW news, with shares soaring 15%. The stock closed up 24 cents to settle at $1.84.
Lincoln National Corp. (LNC)
One of many life insurers that gained big Thursday, the stock added 12.6%, or $1.82, to settle at $16.24.
Losers
Mylan Inc. (MYL)
MYL shares fell 5.5% after an analyst downgrade Thursday. The stock closed the session with a 74 cent-loss, with shares settling at $12.67.
General Motors Corp. (GM)
Bad news from the big cheese – CEO Fritz Henderson’s comments that bankruptcy is ‘probable’ helped sink GM’s stock by 5% on Thursday. Shares closed at $1.15, a loss of a nickel.
Advanced Micro Devices Inc. (AMD)
The semiconductor-maker continued its volatile trading, with shares ending 3.2% lower on Thursday. AMD shares fell 14 cents, settling at $4.24.
Dr. Pepper Snapple Group Inc. (DPS)
Shares of the drink manufacturer fell 3.2% after beating the streets in first quarter earnings just yesterday. It closed the session down 70 cents to $21.37.
TJX Cos Inc. (TJX)
TJX spiked up at the open but fell 2.7% to end the day as retail woes set in. The stock ended Thursday down 75 cents, with shares settling at $26.85.
