U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling by more than 150 points on Thursday.
The Dow traded down 0.38% to 43,790.84 while the NASDAQ fell 0.34% to 19,166.29. The S&P 500 also fell, dropping, 0.37% to 5,963.37.
Leading and Lagging Sectors
Information technology shares rose by 0.2% on Thursday.
In trading on Thursday, industrials shares fell by 1.4%.
Top Headline
U.S. crude oil inventories increased by 2.089 million barrels in the week ended Nov. 8, compared to market estimates of a 1.85 million gain.
Equities Trading UP
- AgEagle Aerial Systems, Inc. (NYSE:UAVS) shares shot up 129% to $3.68 after the company announced 17 new purchase orders for its eBee TAC drones from U.S. defense and security customers.
- Shares of DLocal Limited (NASDAQ:DLO) got a boost, surging 16% to $10.48 after the company reported better-than-expected third-quarter revenue results.
- AC Immune SA (NASDAQ:ACIU) shares were also up, gaining 20% to $3.7503 after the company announced interim safety and immunogenicity data from the Phase 2 VacSYn clinical trial evaluating ACI-7104.056 for the treatment of patients with early Parkinson's disease.
Equities Trading DOWN
- Nuvectis Pharma, Inc. (NASDAQ:NVCT) shares dropped 40% to $6.35 after the company reported data from its Phase 1b study evaluating NXP800.
- Shares of Sow Good Inc. (NASDAQ:SOWG) were down 58% to $4.1099 after the company reported worse-than-expected quarterly financial results.
- Vislink Technologies, Inc. (NASDAQ:VISL) was down, falling 32% to $4.4535 after the company reported worse-than-expected third-quarter financial results.
Commodities
In commodity news, oil traded down 0.1% to $68.41 while gold traded down 0.4% at $2,575.60.
Silver traded down 0.4% to $30.555 on Thursday, while copper fell 0.2% to $4.0750.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 1.08%, Germany's DAX climbed 1.37% and France's CAC 40 gained 1.32%. Spain's IBEX 35 Index gained 1.29%, while London's FTSE 100 rose 0.51%.
Asia Pacific Markets
Asian markets closed lower on Thursday, with Japan's Nikkei 225 falling 0.48%, Hong Kong's Hang Seng Index falling 1.96%, China's Shanghai Composite Index dipping 1.73% and India's BSE Sensex falling 0.14%.
Economics
- U.S. initial jobless claims declined by 4,000 from the previous week to 217,000 in the week ending Nov. 9, compared to market estimates of 223,000.
- U.S. producer prices rose 0.2% month-over-month in October compared to a revised 0.1% gain in September and in-line with market expectations.
- U.S. crude oil inventories increased by 2.089 million barrels in the week ended Nov. 8, compared to market estimates of a 1.85 million gain.
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