U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 1% on Wednesday.
The Dow traded down 0.42% to 41,075.81 while the NASDAQ fell 1.12% to 17,556.37. The S&P 500 also fell, dropping, 0.62% to 5,590.95.
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Leading and Lagging SectorsHealth care shares climbed by 0.1% on Wednesday.
In trading on Wednesday, information technology shares fell by 1.3%.
Top Headline
Foot Locker, Inc (NYSE:FL) shares tumbled around 11% on Wednesday following the release of quarterly results.
The company reported a second-quarter adjusted EPS loss of 5 cents, beating the analyst consensus estimate of 7-cent loss. Quarterly sales of $1.896 billion beat the street view of $1.888 billion.
Equities Trading UP
AeroVironment, Inc. (NASDAQ:AVAV) shares shot up 12% to $198.49 after multiple analysts upgraded the stock and raised their price targets.
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