U.S. stock indices closed lower on Wednesday, as the Dow Jones Industrial Average slipped 0.2% to 42,141.54, while the S&P 500 edged down 0.3% to 5,813.67. The Nasdaq saw a steeper decline, falling nearly 0.6% to 18,607.93.
The U.S. economy expanded by 2.8% in the third quarter, missing expectations of 3% growth, while the ADP report showed a strong October increase in private payrolls with 233,000 jobs added, well above forecasts.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Meta Platforms Inc. (NASDAQ:META) closed the day with a slight decrease of 0.25% at $591.8. The stock hit an intraday high of $601.2 and a low of $589.38. Its 52-week range is $296.86 to $602.95. Meta reported third-quarter revenue of $40.59 billion, surpassing analyst estimates of $40.29 billion. The company also reported adjusted earnings of $6.03 per share, beating analyst estimates of $5.25 per share.
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Prepare for the day’s trading with top premarket movers and news by Benzinga.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
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