SCHW - Dow Tumbles Over 150 Points; Charles Schwab Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 150 points on Wednesday.
The Dow traded down 0.48% to 37,183.10 while the NASDAQ fell 1.15% to 14,772.10. The S&P 500 also fell, dropping, 0.91% to 4,722.52.
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Leading and Lagging Sectors
Health care shares fell by just 0.2% on Wednesday.
In trading on Wednesday, real estate shares dipped by 2.6%.
Top Headline
Charles Schwab Corporation (NYSE: SCHW) reported better-than-expected fourth-quarter earnings.
Adjusted EPS fell from $1.07 to 68 cents, beating the consensus of 64 cents, according to data from Benzinga Pro. Revenue fell 19% to $4.46 billion, marginally missing the consensus of $4.48 billion.
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