Nasdaq Down 75 Points; Crude Oil Rises 1.5%
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 75 points on Wednesday. The Dow traded down 0.11% to 34,113.71 while the NASDAQ fell 0.58% to 13,022. The SP also fell, dropping, 0.27% to 4,293.45. Also check this: Market Volatility Decreases Following Upbeat Earnings From Walmart, Home Depot Leading and Lagging Sectors Energy shares climbed 1.2% on Wednesday. Meanwhile, top gainers in the sector included DMC Global Inc. (NASDAQ: BOOM ), up 9% and HighPeak Energy, Inc. (NASDAQ: HPK ) up 9%. In trading on Wednesday, materials shares fell by 1.4%. 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 137% to $6.04 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.
Nasdaq Down 75 Points; Crude Oil Rises 1.5%
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 75 points on Wednesday. The Dow traded down 0.11% to 34,113.71 while the NASDAQ fell 0.58% to 13,022. The SP also fell, dropping, 0.27% to 4,293.45. Also check this: Market Volatility Decreases Following Upbeat Earnings From Walmart, Home Depot Leading and Lagging Sectors Energy shares climbed 1.2% on Wednesday. Meanwhile, top gainers in the sector included DMC Global Inc. (NASDAQ: BOOM ), up 9% and HighPeak Energy, Inc. (NASDAQ: HPK ) up 9%. In trading on Wednesday, materials shares fell by 1.4%. 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 137% to $6.04 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.