SLB - Gold Down 2%; SLB Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points on Friday.
The Dow traded down 0.78% to 40,347.51 while the NASDAQ fell 0.29% to 17,819.43. The S&P 500 also fell, dropping, 0.29% to 5,528.67.
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Leading and Lagging Sectors
Communication services shares jumped by 0.7% on Thursday.
In trading on Thursday, materials shares fell by 1%.
Top Headline
Schlumberger N.V. (NYSE:SLB) reported better-than-expected second-quarter results.
The company said revenue increased 13% year-over-year to $9.139 billion, beating the consensus of $9.076 billion. Adjusted EPS increased 18% Y/Y to 85 cents, above the consensus of 83 cents.
Equities Trading UP