2 hours ago

US Stocks Mixed; Abbott Reports Better-Than-Expected Q3 Results

U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 20 points on Wednesday.

The Dow traded up 0.05% to 42,762.18 while the NASDAQ fell 0.06% to 18,305.30. The S&P 500 also fell, dropping, 0.07% to 5,811.21.

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Leading and Lagging Sectors

Financials shares jumped by 0.7% on Wednesday.

In trading on Wednesday, communication services shares fell by 0.7%.

Top Headline

On Wednesday, Abbott Laboratories (NYSE:ABT) reported better-than-expected third-quarter results.

The company posted sales of $10.64 billion, up 4.9% year over year, beating the consensus of $10.55 billion. Abbott's adjusted diluted earnings per share was $1.21, beating the analyst estimates of $1.20.

Equities Trading UP
                       

  • 180 Life Sciences Corp (NASDAQ:ATNF) shares shot up 668% to ...

Full story available on Benzinga.com

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