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Crude Oil Moves Higher; Bristol Myers Squibb Shares Fall After Q1 Results

Benzinga ·  Apr 25 14:32

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling by around 100 points on Thursday.

The Dow traded down 1.20% to 37,998.27 while the NASDAQ fell 0.85% to 15,578.58. The S&P 500 also fell, dropping, 0.70% to 5,035.88.

Leading and Lagging Sectors

Materials shares rose by 0.7% on Thursday.

In trading on Thursday, communication services shares dipped by 4%.

Top Headline

Shares of Bristol Myers Squibb & Co (NYSE:BMY) fell more than 8% during Thursday's session after the company swung to a loss in the first quarter.

The company posted first-quarter revenues of $11.9 billion, beating the consensus of $11.5 billion, an increase of...

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