SFT - Dow Falls 100 Points; Procter & Gamble Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones falling around 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.32% to 33,888.75 while the NASDAQ fell 0.80% to 13,425.76. The S&P 500 also fell, dropping, 0.55% to 4,349.19.
Check This Out: How To Earn $500 A Month From Bank of America After Earnings Beat
Leading and Lagging Sectors
Energy shares climbed by 0.9% on Wednesday.
In trading on Wednesday, industrials shares fell by 1.7%.
Top Headline
Procter & Gamble Co (NYSE: PG) reported better-than-expected earnings for its third quarter on Tuesday.
Procter & Gamble reported first-quarter FY24 sales growth of 6.1% year-over-year to $21.87 billion, beating the consensus of $21.67 billion. Adjusted EPS of $1.83 (+17% Y/Y) beat the consensus of $1.71.
Equities Trading UP
Shift Technologies, Inc. (NASDAQ: SFT) shares shot up 100% to $0.2150. Shift Technologies recently said it will file for Chapter 11 bankruptcy protection.
Shares of Treasure Global Inc. (NASDAQ: TGL) got a boost, shooting 76% to $0.550 after the company announced an AI robot designed to conduct ...