U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 400 points on Thursday.
The Dow traded down 1.23% to 42,476.66 while the NASDAQ dipped 2.36% to 18,114.47. The S&P 500 also fell, dropping, 1.83% to 5,735.50.
Check This Out: This Zscaler Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday
Leading and Lagging Sectors
Consumer staples shares fell by just 0.4% on Thursday.
In trading on Thursday, consumer discretionary shares dipped by 2.6%.
Top Headline
Kroger Company (NYSE:KR) posted better-than-expected earnings for its fourth quarter on Thursday.
The company reported fourth-quarter adjusted earnings per share of $1.14, beating the street view of $1.11. Quarterly sales of $34.308 billion missed the analyst consensus estimate of $34.509 billion.
Equities Trading UP
- AGM Group Holdings Inc. (NASDAQ:AGMH) shares shot up 95% to $0.1998 after the company completed a $5.4 million public offering …
