S&P 500 Edges Higher; J.Jill Shares Plunge

Market Overview - European shares experienced a decline, with the eurozone's STOXX 600 falling by 1.31%, Germany's DAX dipping by 1.96%, and France's CAC 40 tumbling by 1.99% [1] - In the U.S., initial jobless claims rose by 13,000 to 242,000, exceeding market estimates of 225,000 [4] - U.S. producer prices fell by 0.2% month-over-month in May, contrary to market expectations of a 0.1% gain [4] - The Dow decreased by 0.21% to 38,629.82, while the NASDAQ rose by 0.26% to 17,654.01, and the S&P 500 gained 0.13% to 5,428.07 [14] Company Performance - A company reported a first-quarter FY25 sales decline of 9.5% year-on-year to $1.510 billion, missing the analyst consensus estimate of $1.514 billion, but adjusted EPS of $1.11 beat the consensus estimates of 85 cents [7] - Signet Jewelers Limited saw its shares fall around 16% during Thursday's session following mixed first-quarter earnings, including an 8.9% drop in same-store sales [23] Sector Performance - In trading, industrials shares fell by 0.9% [6] - Information technology shares increased by 1.1% on Thursday [15] Notable Stock Movements - J.Jill, Inc. shares dropped 18% to $32.35 after pricing its public offering of 2 million common stock at $31 per share [8] - Nuburu, Inc. shares fell 36% to $0.0933 following the announcement of a 1-for-40 reverse stock split [8] - BioRestorative Therapies, Inc. shares surged 33% to $1.77 after announcing advanced discussions for a ThermoStem license [17] - Zapp Electric Vehicles Group Limited shares increased by 275% to $2.68 after signing a memorandum of understanding for contract manufacturing in India [17] - Sharps Technology, Inc. shares rose by 12% to $0.3351 after securing a $30 million purchase order from Nephron Pharmaceuticals [17]