Crude Oil Gains 1%; Deere Posts Better-Than-Expected Earnings

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining by more than 400 points on Thursday.

The Dow traded up 1.03% to 43,855.97 while the NASDAQ fell 0.10% to 18,948.11. The S&P 500 also rose, gaining, 0.41% to 5,941.38.

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Leading and Lagging Sectors

Energy shares rose by 1.5% on Thursday.

In trading on Thursday, communication services shares fell by 2.7%.

Top Headline

Deere & Co (NYSE:DE) reported better-than-expected earnings for its fourth quarter.

The company posted a fourth-quarter net sales and revenue decline of 28% year-over-year to $11.143 billion, beating the consensus of $9.335 billion. Deere clocked an EPS of $4.55, down from $8.26 YoY, beating the consensus of $3.90

Equities Trading UP
                       

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