U.S. stocks traded mostly lower this morning, with the Dow Jones index falling over 50 points on Wednesday.
Following the market opening Wednesday, The Dow traded down 0.15% to 42,145.12 while the NASDAQ fell 0.02% to 18,070.61. The S&P 500 also fell, dropping, 0.01% to 5,732.80.
Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 4% Dividend Yields
Leading and Lagging SectorsUtilities shares jumped by 0.5% on Wednesday.
In trading on Wednesday, energy shares fell by 0.7%.
Top Headline
Cintas Corporation (NASDAQ:CTAS) reported better-than-expected first-quarter financial results ad raised its guidance.
Cintas reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of 95 cents per share. The company reported quarterly sales of $2.50 billion which met the analyst consensus estimate.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 1.7% to $70.35 while gold traded up 0.3% at $2,684.90.
Silver traded down 1.1% to $32.075 on Wednesday, while copper rose 0.1% to $4.4945.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.1%, Germany's DAX fell 0.2% and France's CAC 40 fell 0.2%. Spain's IBEX 35 Index rose 0.1%, while London's FTSE 100 rose 0.1%.
Producer prices in Spain declined by 1.3% year-over-year in August compared to a revised 1.6% decline in the previous month. The consumer confidence indicator in France climbed to 95.1 in September from 92.5 in the prior month.
Asia Pacific Markets
Asian markets closed mostly higher on Wednesday, with Japan's Nikkei 225 falling 0.19%, Hong Kong's Hang Seng Index jumping 0.68%, China's Shanghai Composite Index gaining 1.16% and India's BSE Sensex gaining 0.30%.
The People's Bank of China cut its one-year policy loan rate by 30bps to 2.0%.
Economics
Now Read This:
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。