U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.18% to 41,276.26 while the NASDAQ dipped 0.71% to 17,523.60. The S&P 500 also fell, dropping, 0.33% to 5,580.80.
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Leading and Lagging SectorsEnergy shares gained by 0.9% on Thursday.
In trading on Thursday, consumer discretionary shares dipped by 1.8%.
Top Headline
U.S. producer prices unexpectedly stagnated in February, while core inflation posted a rare contraction, reinforcing hopes that cost pressures may be easing despite lingering concerns over trade tariffs.
U.S. producer prices came in unchanged in February from January compared to a revised 0.6% increase in the previous period and versus estimates of a 0.3% gain.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 0.8% to $67.15 while gold traded up 0.1% at $2,950.20.
Silver traded down 0.6% to $33.555 on Thursday, while copper fell 0.4% to $4.8310.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.1%, Germany's DAX 40 fell 0.8% and France's CAC 40 fell 0.5%. Spain's IBEX 35 Index rose 0.3%, while London's FTSE 100 fell 0.1%.
Asia Pacific Markets
Asian markets closed lower on Thursday, with Japan's Nikkei dipping 0.08%, China's Shanghai Composite Index falling 0.39% and Hong Kong's Hang Seng Index falling 0.58%, India's BSE Sensex falling 0.27%.
Economics
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