SMFL - Dow Tumbles Over 300 Points; Dollar General Earnings Top Views | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.83% to 38,123.16 while the NASDAQ fell 0.20% to 16,887.52. The S&P 500 also fell, dropping, 0.22% to 5,255.22.
Check This Out: How To Earn $500 A Month From Nvidia Stock Following Strong Earnings Report
Leading and Lagging Sectors
Real estate shares rose by 0.9% on Thursday.
In trading on Thursday, information technology shares dipped by 1%.
Top Headline
Dollar General Corp (NYSE:DG) reported better-than-expected first-quarter financial results on Thursday.
Dollar General reported first-quarter FY24 sales growth of 6% year-on-year to $9.910 billion, beating the analyst consensus estimate of $9.897 billion. Same-store sales increased 2.4% versus last year. EPS of $1.65 beat the analyst consensus estimate of $1.56.
Equities Trading UP
- Cue Health Inc. (NASDAQ:HLTH) shares shot up 129% to $0.1255. Cue Health shares dipped around 40% on Wednesday after the company announced that it filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business.
- Shares of Smart for Life, Inc. (NASDAQ:SMFL) got ...