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Nasdaq Surges 1%; ConAgra Brands Posts Upbeat Earnings

Benzinga ·  Apr 4 23:58

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.

The Dow traded up 0.49% to 39,319.03 while the NASDAQ rose 1% to 16,4340. The S&P 500 also rose, gaining, 0.75% to 5,250.72.

Leading and Lagging Sectors

Real estate shares jumped by 1.1% on Thursday.

In trading on Thursday, health care shares rose by just 0.01%.

Top Headline

ConAgra Brands Inc(NYSE:CAG) reported better-than-expected third-quarter financial results.

ConAgra reported a third-quarter FY24 sales decline of 1.7% year-on-year to $3.03 billion, beating the analyst consensus estimate of $3.01 billion. Adjusted EPS of 69 cents beat the consensus estimate of...

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