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Nasdaq Down 0.5%; Lithium Americas Shares Slide

Benzinga ·  Apr 18 14:54

U.S. stocks traded mostly lower toward the end of trading, with the NASDAQ Composite falling around 0.5% on Thursday.

The Dow traded down 0.01% to 37,753.28 while the NASDAQ fell 0.49% to 15,605.90. The S&P 500 also fell, dropping, 0.26% to 5,009.09.

Leading and Lagging Sectors

Communication services shares climbed by 0.7% on Thursday.

In trading on Thursday, information technology shares fell by 0.9%.

Top Headline

D.R. Horton, Inc. (NYSE:DHI) reported better-than-expected second-quarter financial results.

D.R. Horton posted GAAP EPS of $3.52, topping market estimates of $3.07. The company's sales came in at $9.100 billion versus expectations of $8.266 billion.

Equities Trading UP

AGBA Group...

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