U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 1% on Thursday.
The Dow traded up 1.36% to 40,396.01 while the NASDAQ rose 1.06% to 17,526.08. The S&P 500 also rose, gaining, 1.09% to 5,486.47.
Leading and Lagging Sectors
Industrials shares jumped by 2.2% on Wednesday.
In trading on Wednesday, utilities shares fell by 0.2%.
Top Headline
American Airlines Group Inc. (NASDAQ:AAL) reported mixed second-quarter 2024 financial results and lowered its 2024 EPS outlook.
The airline reported second quarter total operating revenue growth of 2% year-over-year to $14.334 billion, missing the consensus of $14.36 billion. The company reported an adjusted EPS of $1.09, down from $1.92 a...
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