QS - Gold Rises Sharply; Methode Electronics Shares Spike Higher | Benzinga
U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dipping 2% on Thursday.
The Dow traded up 0.07% to 39,748.00 while the NASDAQ fell 2% to 18,274.88 . The S&P 500 also fell, dropping, 0.94% to 5,581.00.
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Leading and Lagging Sectors
Real estate shares jumped by 2.4% on Thursday.
In trading on Thursday, information technology shares fell by 2.7%.
Top Headline
Delta Air Lines, Inc. (NYSE:DAL) posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook.
Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro.
Equities Trading UP
- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares shot up 40% to $0.9888 after the company reported 12-month Phase 2 trial results for eRapa in treating Familial Adenomatous Polyposis.
- Shares of Methode Electronics, Inc. (NYSE:MEI) got a boost, surging 47% to $13.84 after the company reported better-than-expected fourth-quarter sales results.
- QuantumScape Corporation (NYSE: