U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 100 points on Thursday.
The Dow traded down 0.35% to 34,645.66while the NASDAQ fell 0.59% to 13,395.39. The S&P 500, also fell, dropping, 0.28% to 4,392.16
Check This Out: NVIDIA To Rally Around 84%? Here Are 10 Other Analyst Forecasts For Thursday
Leading and Lagging Sectors
Energy shares rose by 2.1% on Thursday.
In trading on Thursday, information technology shares fell by 0.6%.
Top Headline
Walmart Inc (NYSE: WMT) reported better-than-expected second-quarter earnings and raised FY24 outlook.
Walmart reported second-quarter FY24 sales growth of 5.7% year-on-year to $161.10 billion, beating the analyst consensus estimate of $160.27 billion. Adjusted EPS was $1.84, beating the consensus of $1.70.
For FY24, the company raised FY24 adjusted EPS guidance from $6.10 - $6.20 to $6.36 - $6.46 versus an estimate of $6.27. It raised FY24 net sales growth outlook to 4% - 4.5% from 3.5% earlier.
Equities Trading UP
PhenomeX Inc. (NASDAQ: CELL) shares shot up 137% to $0.9496 after the company announced that it signed a $108 million definitive agreement to be acquired by Bruker in an all-cash transaction at $1 per share.
Shares of LSI Industries Inc. (NASDAQ:
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