Crude Oil Dips 7%; ISM Services PMI Falls In March

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping more than 800 points on Thursday.

The Dow traded down 3.07% to 40,929.87 while the NASDAQ fell 4.83% to 16,750.33. The S&P 500 also fell, dropping, 3.73% to 5,459.39.

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Leading and Lagging SectorsConsumer staples shares rose by 0.4% on Thursday.

In trading on Thursday, energy shares tumbled by 5.6%.

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The ISM services PMI dipped to 50.8 in March versus a reading of 53.5 in February, and down from market estimates of 53.

Equities Trading UP                       

Lamb Weston Holdings, Inc. (NYSE:LW) shares shot up 10% to $59.60 after the company reported better-than-expected third-quarter financial results and issued FY25 sales guidance above estimates.

Shares of NewGenIvf Group Limited (NASDAQ:NIVF)got a boost, surging 95% to $1.15 after the company ...

https://www.benzinga.com/news/earnings/25/04/44631307/crude-oil-dips-7-ism-services-pmi-falls-in-march