U.S. indices traded sharply lower Wednesday following worse-than-expected retail earnings this week. Anticipation of further Fed policy tightening has continued to weigh on stocks across sectors.
- The Nasdaq composite finished lower by 4.7% to 11,418.15; The Invesco QQQ Trust Series 1 QQQ lost 4.91% to $291.14
- The S&P 500 traded lower by 4.03% to 3,924; The SPDR S&P 500 ETF Trust SPY lost 4.01% to $391.86
- The Dow Jones composite finished lower by 3.5% to 31,490.07; The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 3.53% at $315.55
Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.
TJX Companies Inc TJX, NRG Energy Inc NRG and Assurant, Inc. AIZ were among the only gainers.
Target Corporation TGT, Dollar Tree, Inc. DLTR and Old Dominion Freight Line Inc ODFL were among the top losers.
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