10 Top-Traded US Stocks for Thursday (7/8)

Thursday, after a choppy day the stock market finished sharply lower as worries about economic growth, nationwide health conditions and Chinese stocks interference led to a shakeout from lofty levels.

The $S&P 500 Index(.SPX.US)$-0.86% had only its second down day of the last 10 sessions. The $Dow Jones Industrial Average(.DJI.US)$-0.75% and $Nasdaq Composite Index(.IXIC.US)$-0.72% also slumped.

$Kansas City Southern(KSU.US)$, $CSX Corp(CSX.US)$, $Union Pacific(UNP.US)$US railroads, martime shippers $Star Bulk Carriers(SBLK.US)$, $Eagle Bulk Shipping Inc(EGLE.US)$were weak after the WSJ reported the Biden administration plans to ask regulators to review consolidation and agreesive pricing within these industries.

$Overstock.com Inc(OSTK.US)$, $TheRealReal(REAL.US)$, $Etsy Inc(ETSY.US)$outperformed after Needham initiates each at Outperform; $ThredUp(TDUP.US)$slid despite Outperform initiated; $Chewy(CHWY.US)$stumbled after Neutral initiation.

Banks $Goldman Sachs(GS.US)$, $JPMorgan(JPM.US)$, $Citigroup(C.US)$slid with Treasury yields extending their losing streak to 8 days.

Bitcoin, Ethereum tumbled, dragging related stocks $Coinbase(COIN.US)$, $Riot Platforms(RIOT.US)$, $Marathon Digital(MARA.US)$.

Movers & Shakers for Thursday

Read more:Wall Street Today: Stocks close lower on economic worries

$Biogen(BIIB.US)$, $Ball Corp(BLL.US)$, $Cabot Oil & Gas Corp(COG.US)$, $Boeing(BA.US)$, $MarketAxess(MKTX.US)$, $Kansas City Southern(KSU.US)$, $Norfolk Southern(NSC.US)$, $CSX Corp(CSX.US)$, $Union Pacific(UNP.US)$, $PulteGroup(PHM.US)$