WSM - Gold Gains 1%; Williams-Sonoma Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling over 100 points on Thursday.
The Dow traded down 0.39% to 34,853.42 while the NASDAQ fell 0.11% to 14,087.96. The S&P 500 also fell, dropping, 0.09% to 4,498.85.
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Leading and Lagging Sectors
Utilities shares surged by 1% on Thursday.
In trading on Thursday, energy shares fell by 2.2%.
Top Headline
Williams-Sonoma, Inc. (NYSE: WSM) reported better-than-expected third-quarter adjusted earnings.
Williams-Sonoma posted non-GAAP earnings of $3.66 per share, versus market estimates of $3.35 per share. The company’s quarterly sales came in at $1.854 billion versus expectations of $1.957 billion.
Equities Trading UP
Sonos, Inc. (NASDAQ: SONO) shares shot up 18% to $13.37 following upbeat fourth-quarter results.
Shares of WaveDancer, Inc. (NASDAQ: WAVD) got a boost, shooting 68% to $2.53 after the company inked a definitive merger agreement with Firefly Neuroscience in an all-stock transaction.
Universal Technical Institute, Inc. (NYSE: ...