Benzinga Pro's 5 Stocks To Watch Today

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SPDR S&P Retail XRT ETF was trading higher by more than 1 percent after retail giant Walmart Inc WMT reported its second-quarter results. The company reported a top-and-bottom-line beat, highlighted by the U.S. segment which saw its strongest growth in 10 years. Meanwhile, J C Penney Company Inc JCP reported a steep miss and high-end luxury retailer Nordstrom, Inc. JWN is scheduled to report its results after Thursday's close.

Cisco Systems, Inc. CSCO was trading higher by more than 4 percent after reporting a fiscal fourth-quarter earnings beat and providing upbeat fiscal first-quarter commentary.

Symantec Corporation SYMC was trading higher by more than 6 percent after notable activist investor Starboard Value reportedly bought a 5.8-percent stake in the cyber security company and is looking to gain five board seats.

Summit Therapeutics PLC SMMT was trading higher by around 25 percent (although was down to just a 1.7-percent gain at time of publciaton) after the nano-cap low float pharmaceutical company said it was awarded an incremental $12 million for a Phase 3 trial of its CDI antibiotic, ridinilazole.

Nvidia Corporation NVDA was trading higher by 1 percent ahead of the company's earnings report. The technology company is scheduled to report its second-quarter results after Thursday's close and is expected to earn $1.66 per share on revenue of $3.11 billion.