U.S. stocks traded lower midway through trading, with the Dow Jones falling more than 400 points on Thursday.
The Dow traded down 1.01% to 46,936.20 while the NASDAQ fell 1.28% to 22,425.83. The S&P 500 also fell, dropping, 1.01% to 6,707.25.
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Leading and Lagging Sectors
Utilities shares rose by 0.8% on Thursday.
In trading on Thursday, information technology stocks dipped by 1.4%.
Top Headline
Shares of Dollar General Corp (NYSE:DG) fell around 7% on Thursday after the company released earnings results for the fourth quarter.
The company reported quarterly earnings of $1.93 per share which beat the analyst consensus estimate of $1.65 per share. The company reported quarterly sales of $10.911 billion which beat the analyst consensus estimate of $10.820 billion.
Dollar General said it sees FY2026 GAAP EPS of $7.10-$7.35, versus market estimates of $7.23. The company sees sales of $44.305 billion-$44.518 billion, versus expectations of $44.363 billion.
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