Crude Oil Jumps 2%; Lululemon Posts Upbeat Earnings

Benzinga ·  Jun 7 00:22

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 50 points on Thursday.

The Dow traded up 0.14% to 38,860.40 while the NASDAQ fell 0.07% to 17,175.73. The S&P 500 also rose, gaining, 0.01% to 5,354.33.

Leading and Lagging Sectors

Consumer discretionary shares rose by 0.5% on Thursday.

In trading on Thursday, utilities shares fell by 0.5%.

Top Headline

Lululemon Athletica Inc. (NASDAQ:LULU) reported upbeat financial results for its first quarter and authorized a $1 billion increase in its stock repurchase program on Wednesday.

The company said it sees second-quarter revenue in the range of $2.4 billion to $2.42 billion versus estimates of $2.45 billion...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment