Dow Drops Over 100 Points; U.S. Trade Deficit Shrinks To This Level In June
U.S. stocks traded lower this morning, with the Dow Jones falling more than 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.42% to 32,673.64 while the NASDAQ fell 0.49% to 12,605.89. The SP also fell, dropping, 0.43% to 4,137.18. Also check this: Starbucks, Yum! Brands And 3 Stocks To Watch Heading Into Wednesday Leading and Lagging Sectors Utilities shares climbed 0.5% on Thursday. Meanwhile, top gainers in the sector included NRG Energy, Inc. (NYSE: NRG ), up 5% and Enel Chile S.A. (NYSE: ENIC ) up 4%. In trading on Thursday, energy shares fell 1.7%. Top Headline The trade deficit in the US shrank by $5.3 billion to a six-month low level of $79.6 billion in June. Exports from the US rose by 1.7%, while imports declined 0.3% during the month. Equities Trading UP InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV ) shares shot up 166% to $11.76 after gaining over 12% on Wednesday. Shares of ChemoCentryx, Inc. (NASDAQ: CCXI ) got a boost, shooting 108% to $50.25 after the company, and Amgen, announced an agreement under which Amgen will acquire the company for $52 per share in cash.
Dow Drops Over 100 Points; U.S. Trade Deficit Shrinks To This Level In June
U.S. stocks traded lower this morning, with the Dow Jones falling more than 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.42% to 32,673.64 while the NASDAQ fell 0.49% to 12,605.89. The SP also fell, dropping, 0.43% to 4,137.18. Also check this: Starbucks, Yum! Brands And 3 Stocks To Watch Heading Into Wednesday Leading and Lagging Sectors Utilities shares climbed 0.5% on Thursday. Meanwhile, top gainers in the sector included NRG Energy, Inc. (NYSE: NRG ), up 5% and Enel Chile S.A. (NYSE: ENIC ) up 4%. In trading on Thursday, energy shares fell 1.7%. Top Headline The trade deficit in the US shrank by $5.3 billion to a six-month low level of $79.6 billion in June. Exports from the US rose by 1.7%, while imports declined 0.3% during the month. Equities Trading UP InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV ) shares shot up 166% to $11.76 after gaining over 12% on Wednesday. Shares of ChemoCentryx, Inc. (NASDAQ: CCXI ) got a boost, shooting 108% to $50.25 after the company, and Amgen, announced an agreement under which Amgen will acquire the company for $52 per share in cash.