U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping around 150 points on Thursday.

The Dow traded down 0.33% to 40,755.96 while the NASDAQ fell 0.86% to 17,764.21. The S&P 500 also fell, dropping, 0.46% to 5,594.92.

Leading and Lagging Sectors

Energy shares climbed by 0.1% on Thursday.

In trading on Thursday, consumer discretionary shares fell by 0.8%.

Top Headline

U.S. initial jobless claims rose by 4,000 from the prior week to 232,000 in the week ending August 17th, compared to market expectations of 230,000.

Equities Trading UP

• Peloton Interactive, Inc.(NASDAQ:PTON) shares shot up 26% to $4.230 after reporting better-than-expected second-quarter financial results.
• Shares of...