VJET - Dow Surges Over 100 Points; Dollar Tree Earnings Miss Expectations | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones gaining over 100 points on Wednesday.
The Dow traded up 0.28% to 39,113.63 while the NASDAQ fell 0.25% to 16,225.31. The S&P 500 also rose, gaining, 0.02% to 5,176.06.
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Leading and Lagging Sectors
Energy shares jumped by 1.7% on Wednesday.
In trading on Wednesday, information technology shares fell by 0.9%.
Top Headline
Dollar Tree, Inc. (NASDAQ: DLTR) reported worse-than-expected fourth-quarter financial results and issued first-quarter EPS guidance below estimates.
Dollar Tree reported fourth-quarter FY23 sales growth of 11.9% year-on-year to $8.63 billion, missing the analyst consensus estimate of $8.67 billion. Adjusted EPS of $2.55 missed the consensus estimate of $2.65, according to data from Benzinga Pro.
Equities Trading UP
Gaxos.ai Inc. (NASDAQ: GXAI) shares shot up 80% to $9.55 after the company announced it acquired the rights to use certain AI-enabled technology from Ultiself.
Shares of NuCana plc (NASDAQ: NCNA) got a boost, surging 38% to $0.5390 after the company ...