Dow Falls 250 Points; Lowe''s Posts Upbeat Earnings
U.S. stocks traded lower midway through trading, with the Dow Jones dropping 250 points on Wednesday. The Dow traded down 0.75% to 33,897.14 while the NASDAQ fell 1.59% to 12,894.13. The SP also fell, dropping, 0.99% to 4,262.67. Also check this: Market Volatility Decreases Following Upbeat Earnings From Walmart, Home Depot Leading and Lagging Sectors Energy shares climbed 0.5% on Wednesday. Meanwhile, top gainers in the sector included DMC Global Inc. (NASDAQ: BOOM ), up 8% and Frontline Ltd. (NYSE: FRO ) up 7%. In trading on Wednesday, materials shares fell by 1.8%. Top Headline Lowe''s Companies, Inc. (NYSE: LOW ) reported better-than-expected Q2 EPS results. Lowe''s reported a second-quarter FY22 sales decline of 0.34% year-on-year to $27.48 billion, missing the consensus of $28.14 billion. EPS of $4.67 beat the analyst consensus of $4.62. Equities Trading UP Blue Water Vaccines, Inc. (NASDAQ: BWV ) shares shot up 102% to $5.15 after the company announced it plans to explore the potential development of a novel monkeypox vaccine using its norovirus shell and protrusion virus-like particle platform.
Dow Falls 250 Points; Lowe''s Posts Upbeat Earnings
U.S. stocks traded lower midway through trading, with the Dow Jones dropping 250 points on Wednesday. The Dow traded down 0.75% to 33,897.14 while the NASDAQ fell 1.59% to 12,894.13. The SP also fell, dropping, 0.99% to 4,262.67. Also check this: Market Volatility Decreases Following Upbeat Earnings From Walmart, Home Depot Leading and Lagging Sectors Energy shares climbed 0.5% on Wednesday. Meanwhile, top gainers in the sector included DMC Global Inc. (NASDAQ: BOOM ), up 8% and Frontline Ltd. (NYSE: FRO ) up 7%. In trading on Wednesday, materials shares fell by 1.8%. Top Headline Lowe''s Companies, Inc. (NYSE: LOW ) reported better-than-expected Q2 EPS results. Lowe''s reported a second-quarter FY22 sales decline of 0.34% year-on-year to $27.48 billion, missing the consensus of $28.14 billion. EPS of $4.67 beat the analyst consensus of $4.62. Equities Trading UP Blue Water Vaccines, Inc. (NASDAQ: BWV ) shares shot up 102% to $5.15 after the company announced it plans to explore the potential development of a novel monkeypox vaccine using its norovirus shell and protrusion virus-like particle platform.