USFD - Dow Jumps Over 150 Points; US Foods Posts Upbeat Earnings | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index jumping over 150 points on Thursday.
The Dow traded up 0.48% to 39,244.53 while the NASDAQ rose 0.32% to 16,354.20. The S&P 500 also rose, gaining, 0.37% to 5,206.94 .
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Leading and Lagging Sectors
Real estate shares rose by 1.7% on Thursday.
In trading on Thursday, information technology shares fell by 0.2%.
Top Headline
US Foods Holding Corp (NYSE:USFD) posted better-than-expected first-quarter financial results on Thursday.
US Foods reported first-quarter FY24 sales growth of 4.8% year-on-year to $8.95 billion, beating the analyst consensus estimate of $8.91 billion. Adjusted EPS was 54 cents, beating the consensus estimate of 53 cents.
Equities Trading UP