WSM - Gold Down Over 1%; Williams-Sonoma Posts Strong Earnings | Benzinga
U.S. stocks traded mixed midway through trading, with the S&P 500 edging lower on Wednesday.
The Dow traded down 0.12% to 39,825.66 while the NASDAQ rose 0.07% to 16,843.82. The S&P 500 also fell, dropping, 0.04% to 5,319.28.
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Leading and Lagging Sectors
Information technology shares rose by 0.3% on Wednesday.
In trading on Wednesday, energy shares fell by 1.6%.
Top Headline
Williams-Sonoma, Inc (NYSE:WSM) reported better-than-expected first-quarter FY24 earnings.
The company reported a first-quarter FY24 sales decline of 5% year-on-year to $1.66 billion, meeting the analyst consensus estimate. Comparable brand revenue for the quarter declined 4.9%. Adjusted EPS of $4.07 beat the analyst consensus estimate of $2.70.
Equities Trading UP
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