U.S. stocks traded lower toward the end of trading, with the Dow Jones falling over 200 points on Thursday.
The Dow traded down 0.71% to 33,871.77 while the NASDAQ fell 0.87% to 13,531.36. The S&P 500 also fell, dropping, 0.80% to 4,347.67.
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Leading and Lagging Sectors
Energy shares rose by 0.3% on Thursday.
In trading on Thursday, health care shares fell by 1.7%.
Top Headline
Krispy Kreme Inc (NASDAQ: DNUT) reported downbeat results for its third quarter on Thursday.
Krispy Kreme reported third-quarter FY23 sales growth of 7.9% year-on-year to $407.37 million, missing the analyst consensus estimate of $413.93 million. Adjusted EPS of $0.03 missed the consensus of $0.06.
The company continues to see FY23 adjusted EPS of $0.31-$0.34 versus the Street view of $0.32.
Equities Trading UP
Astra Space, Inc. (NASDAQ: ASTR) shares shot up 63% to $1.2087 after the company announced it received a non-binding proposal from founders Chris Kemp and Adam London offering to acquire ...