Stock Market Today, Jan. 5: NuScale Power Surges on Nuclear Policy Tailwinds

NuScale Power (NYSE:SMR), a startup focused on developing small modular (nuclear) reactors, closed Monday’s session at $18.78, up 15.14%. Trading volume reached 62.6 million shares, coming in about 157% above its three-month average of 24.3 million shares.Monday’s move came during a renewed rally in nuclear energy names, with investors watching U.S. policy support and interest in the potential for small modular reactors. NuScale Power IPO'd in 2022 and has grown 87% since going public.The S&P 500 (SNPINDEX:^GSPC) rose 0.64% to 6,903, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.69% to finish at 23,396. Within nuclear power technology, industry peers BWX Technologies (NYSE:BWXT) and GE Aerospace (NYSE:GE) both saw gains.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool