U.S. stocks traded lower midway through trading, with the S&P 500 falling more than 1% on Thursday.
The Dow traded down 1.17% to 40,865.63 while the NASDAQ dipped 1.64% to 17,359.52. The S&P 500 also fell, dropping, 1.18% to 5,533.34.
Check This Out: Top 3 Health Care Stocks You’ll Regret Missing This Quarter
Leading and Lagging SectorsMaterials shares gained by 0.9% on Thursday.
In trading on Thursday, consumer discretionary shares dipped by 1.4%.
Top Headline
Dollar General Corporation (NYSE:DG) reported better-than-expected fourth-quarter sales results.
The company reported fourth-quarter sales growth of 4.5% year-on-year to $10.304 billion, beating the analyst consensus estimate of $10.264 billion. EPS of $0.87 missed the consensus estimate of $1.51.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 1% to $67.03 while gold traded up 0.4% at $2,959.80.
Silver traded down 0.2% to $33.680 on Thursday, while copper rose 0.1% to $4.8555.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 fell 0.11%, Germany's DAX 40 fell 0.93% and France's CAC 40 fell 0.65%. Spain's IBEX 35 Index rose 0.29%, while London's FTSE 100 rose 0.11%.
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
Now Read This:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.