Markets Fall As Investors Weigh Earnings

U.S. indices fell Thursday as traders and investors weigh corporate earnings. A rise in bond yields has also continued to pressure technology and growth stock valuations.

  • The Nasdaq composite finished lower by 1.99% to 13,720; The Invesco QQQ Trust Series 1 QQQ lost 2.07% to $334.15
  • The S&P 500 traded lower by 1.48% to 4,393; The SPDR S&P 500 ETF Trust SPY lost 1.50% to $438.06
  • The Dow Jones composite finished lower by 0.87% to 11,866; The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 1.09% at $347.71

Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.

Tesla Inc TSLA, CSX Corporation CSX and Kraft Heinz Co KHC were among the top gainers for the QQQ.

Match Group Inc MTCH, Align Technology, Inc. ALGN and Pinduoduo Inc - ADR PDD were among the top losers for the Nasdaq-100.

Elsewhere On The Street

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In the parlance of old-time show business, Netflix, Inc. NFLX laid an egg this week. The streaming service’s first-quarter earnings report, with its ill news of a 200,000 drop in subscribers — the first decline since 2011… Read More

Florida’s Republican-controlled House of Representatives voted to dismantle Walt Disney Co’s DIS self-governing special district… Read More

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