U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 50 points on Thursday.
The Dow traded down 0.62% to 44,660.91 while the NASDAQ fell 0.74% to 21,016.48. The S&P 500 also fell, dropping, 0.66% to 6,353.29.
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Leading and Lagging Sectors
Health care shares jumped by 0.7% on Thursday.
In trading on Thursday, consumer staples stocks fell by 0.9%.
Top Headline
Shares of Walmart Inc. (NYSE:WMT) fell 4% on Thursday after the company reported mixed second-quarter results and raised its annual outlook.
The retail giant reported adjusted earnings per share of 68 cents, missing the analyst consensus estimate of 74 cents. Quarterly sales of $177.40 billion, up 4.8% year over year, outpaced the Street view of $176.16 billion. Total revenues on a constant currency basis increased 5.6%.
Equities Trading UP
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