--- title: "Nasdaq Down Over 100 Points; AT&T Shares Gain After Upbeat Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/293484500.md" description: "U.S. stocks traded mixed with the Nasdaq falling over 100 points, while the Dow rose slightly and the S&P 500 dipped. AT&T shares surged 4% after beating earnings expectations. Energy stocks led gains, whereas tech declined. European markets rose, but Asian indices closed mostly lower. Oil and gold prices increased." datetime: "2026-07-22T13:49:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293484500.md) - [en](https://longbridge.com/en/news/293484500.md) - [zh-HK](https://longbridge.com/zh-HK/news/293484500.md) generator: "portal-rs" --- # Nasdaq Down Over 100 Points; AT&T Shares Gain After Upbeat Earnings U.S. stocks traded mixed this morning, with the Nasdaq Composite falling more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 52,237.67 while the NASDAQ declined 0.52% to 25,703.94. The S&P 500 also fell, dropping, 0.20% to 7,493.98. **Leading and Lagging Sectors** Energy shares jumped by 1.1% on Wednesday. In trading on Wednesday, information technology stocks fell by 0.7%. **Top Headline** **AT&T Inc**. (NYSE:T) stock gained more than 4% on Wednesday after the telecom giant reported second-quarter fiscal 2026 earnings that topped Wall Street expectations. The company, which is navigating an increasingly competitive U.S. wireless market, reported revenue of $31.56 billion, up 2.3% from a year earlier but below the analyst consensus estimate of $31.80 billion. Adjusted earnings were 65 cents per share, beating analysts’ expectations of 59 cents. **Equities Trading UP** - **Lakewood-amedex Biotherapeutics Inc (NASDAQ:LABT)** shares shot up 211% to $5.78 after the company announced resistance data for Nu-3. - Shares of **Zhongchao Inc** (NASDAQ:ZCMD) got a boost, surging 96% to $2.88. - **INLIF Ltd (**NASDAQ:INLF) shares were also up, gaining 48% to $3.30. **Equities Trading DOWN** - **Wetour Robotics Ltd (**NASDAQ:WETO) shares dropped 84% to $0.13 after the company announced its subsidiary, Wetour Travel Tech, entered into a definitive 24-month multi-site commercial agreement with an international trade and logistics company. - Shares of **China Pharma Holdings Inc (**NYSE:CPHI) were down 69% to $2.54 after the company announced the pricing of $5 million registered direct offering. - **Ohmyhome Ltd** (NASDAQ:OMH) was down, falling 56% to $0.36. **Commodities** In commodity news, oil traded up 2.3% to $86.27 while gold traded up 1.6% at $4,142.50. Silver traded up 1.5% to $59.99 on Wednesday, while copper fell 0.6% to $6.5115. **Euro zone** European shares were higher today. The eurozone’s STOXX 600 rose 0.8%, while Spain’s IBEX 35 Index rose 1.3% London’s FTSE 100 rose 1.5%, Germany’s DAX gained 0.6%, while France’s CAC 40 surged 1.1%. **Asia Pacific Markets** Asian markets closed mostly lower on Wednesday, with Japan’s Nikkei 225 falling 0.18%, Hong Kong’s Hang Seng index falling 0.95%, China’s Shanghai Composite rising 0.07% and India’s BSE Sensex falling 0.92%. **Economics** The volume of mortgage applications surged by 1.9% in the week ending July 17. *Photo via Shutterstock* ### Related Stocks - [T.US](https://longbridge.com/en/quote/T.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [GLDI.US](https://longbridge.com/en/quote/GLDI.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) ## Related News & Research - [UBS Global Wealth Management lifts S&P 500 year-end target to 8,100](https://longbridge.com/en/news/296597853.md) - [IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns](https://longbridge.com/en/news/296952521.md) - [Wealthfront Advisers LLC Sells 202,762 Shares of AT&T Inc. $T](https://longbridge.com/en/news/296697637.md) - [HighTower Advisors LLC Sells 166,385 Shares of AT&T Inc. $T](https://longbridge.com/en/news/296582706.md) - [Landscape Capital Management L.L.C. Acquires Shares of 91,986 AT&T Inc. $T](https://longbridge.com/en/news/296886734.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**