Gold Gains Over 1%; TD SYNNEX Shares Plunge After Downbeat Results

U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 90 points on Thursday.

The Dow traded down 0.23% to 42,358.68 while the NASDAQ fell 0.05% to 17,890.40. The S&P 500 also fell, dropping, 0.04% to 5,709.99.

Check This Out: Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

Leading and Lagging SectorsConsumer discretionary shares jumped by 1.2% on Thursday.

In trading on Thursday, information technology shares fell by 0.3%.

Top Headline

Shares of TD SYNNEX Corp (NYSE:SNX) dipped around 18% on Thursday after the company reported its first-quarter results.

Quarterly revenue of $14.53 billion, up 4.0% year over year, missed the analyst view of $14.79 billion. The Fremont, California-based company reported an adjusted EPS of $2.80, missing the street view of $2.91.

Equities Trading UP                       

Soleno Therapeutics, Inc. (NASDAQ:SLNO) shares shot up 41% to $69.22 after the company announced it secured FDA approval for its first ...