Markets Finish Lower Following Worse-Than-Expected GDP Data

U.S. indices finished lower Wednesday as stocks pulled back following Tuesday’s strength. Worse-than-expected U.S. GDP and a rebound in oil prices have weighed on market sentiment.

  • The Nasdaq composite finished lower by 1.21% to 14,442; The Invesco QQQ Trust Series 1 QQQ lost 1.10% to $367.09
  • The S&P 500 traded lower by 0.63% to 4,602; The SPDR S&P 500 ETF Trust SPY lost 0.62% to $458.70
  • The Dow Jones composite finished lower by 0.28% to 12,164; The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 0.23% at $352.16

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

Lululemon Athletica Inc LULU, Paychex, Inc. PAYX and Automatic Data Processing Inc ADP were among the top gainers for the Nasdaq Wednesday.

QUALCOMM, Inc. QCOM, Microchip Technology Inc. MCHP and Applied Materials, Inc. AMAT were among the top losers for the Nasdaq-100.

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