Tesla And Baidu Lead The QQQ Lower Thursday

U.S. indices were trading lower Thursday despite slightly better-than-expected U.S. jobs data. Positive data has potentially raised concerns the Fed could eventually taper stimulus measures. Speculative retail trading in some names has also increased volatility.

  • The Invesco QQQ Trust Series 1 QQQ finished lower by 1.04% to $330.
  • The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 0.1% to $346.02.
  • The SPDR S&P 500 ETF Trust SPY closed lower by 0.37% to $418.77.

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

Dollar Tree, Inc. DLTR, Intuit Inc. INTU and NVIDIA Corporation NVDA were among top gainers for the Nasdaq Thursday.

Tesla Inc TSLA, Baidu Inc ADR Class A BIDU and Micron Technology, Inc. (NASDAQ: MU) were among the top losers in the QQQ Thursday.

Elsewhere On The Street

United Airlines Holdings Inc UAL announced its plan to purchase 15 supersonic jets, referred to as Overture, from Boom Supersonic, with the option to purchase an additional 35 aircraft... Read More

Tesla, Inc. TSLA shares have been locked in a lackluster phase since mid-May, and the recent headlines about multiple recalls couldn't have come at a worse time... Read More

Twitter Inc TWTR is rolling out a subscription service that will provide users with enhanced features including the ability to undo a tweet before it is published... Read More

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