VNDA - Crude Oil Dips 3%; U.S. Bancorp Profit Tops Views | Benzinga
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Wednesday.
The Dow traded up 0.04% to 37,813.77 while the NASDAQ fell 0.78% to 15,742.21. The S&P 500 also fell, dropping, 0.34% to 5,034.17.
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Leading and Lagging Sectors
Utilities shares rose by 1.5% on Wednesday.
In trading on Wednesday, information technology shares fell by 1.1%.
Top Headline
U.S. Bancorp (NYSE: USB) reported upbeat first-quarter FY24 earnings on Wednesday.
Revenue stood at $6.7 billion (-6.4% Y/Y), which aligns with the consensus. Adjusted earnings per share came in at 90 cents, beating the consensus of 88 cents.
Equities Trading UP
INVO Bioscience, Inc. (NASDAQ: INVO) shares shot up 218% to $2.4592 after the company reported a year-over-year increase in fourth-quarter revenue results and said it remains on track to reach its goal of reaching break-even or profitability within its current operations in 2024.
Shares of Edible Garden AG Incorporated (NASDAQ: EDBL) got a boost, surging ...