STSS - S&P 500 Edges Higher; J.Jill Shares Plunge | Benzinga
U.S. stocks traded mixed toward the end of trading, with the S&P 500 edging higher on Thursday.
The Dow traded down 0.21% to 38,629.82 while the NASDAQ rose 0.26% to 17,654.01. The S&P 500 also rose, gaining, 0.13% to 5,428.07 .
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Leading and Lagging Sectors
Information technology shares jumped by 1.1% on Thursday.
In trading on Thursday, industrials shares fell by 0.9%.
Top Headline
Shares of Signet Jewelers Limited (NYSE:SIG) fell around 16% during Thursday’s session following mixed first-quarter earnings including an 8.9% drop in same store sales.
The company reported a first-quarter FY25 sales decline of 9.5% year-on-year to $1.510 billion, missing the analyst consensus estimate of $1.514 billion. Adjusted EPS of $1.11 beat the consensus estimates of 85 cents.
Signet expects second-quarter sales of $1.46 billion – $1.52 billion, versus the consensus of $1.508 billion.
Equities Trading UP