T - Crude Oil Moves Lower; B. Riley Financial Shares Jump | Benzinga
U.S. stocks traded slightly lower toward the end of trading, with the S&P 500 edging lower on Wednesday.
The Dow traded down 0.18% to 38,434.99 while the NASDAQ fell 0.09% to 15,682.38. The S&P 500 also fell, dropping, 0.14% to 5,063.45.
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Leading and Lagging Sectors
Consumer staples shares climbed by 0.8% on Wednesday.
In trading on Wednesday, industrials shares fell by 0.9%.
Top Headline
AT&T Inc. (NYSE:T) reported fiscal first-quarter 2024 operating revenues of $30.03 billion, down 0.4% year over year and missing the consensus of $30.54 billion. Adjusted EPS of 55 cents beat the consensus of 54 cents.
AT&T reiterated Wireless service revenue growth in the 3% range, Broadband revenue growth of 7%+, and adjusted EPS of $2.15 – $2.25 versus the $2.21 consensus.
Equities Trading UP
- BranchOut Food Inc. (NASDAQ:BOF) shares shot up 61% to $1.83 after the company announced it has expanded its existing relationship with the nation’s largest retailer, which brings the total ...