---
title: "Crude Oil Rises Over 4%; Darden Earnings Miss Views"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300057817.md"
description: "U.S. stocks fell on Thursday, with the Dow, S&P 500, and Nasdaq all declining. Oil prices surged 4.4% to $96.25, while gold and silver dropped. Darden Restaurants missed earnings estimates, whereas Apimeds Pharmaceuticals shares jumped 163%. Other notable moves included Stitch Fix falling 22% and Surrozen rising 90%. Macroeconomic data showed an increased U.S. current account deficit but lower-than-expected jobless claims."
datetime: "2026-09-24T16:02:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300057817.md)
  - [en](https://longbridge.com/en/news/300057817.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300057817.md)
generator: "portal-rs"
---

# Crude Oil Rises Over 4%; Darden Earnings Miss Views

U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday.

The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50.

**Leading and Lagging Sectors**

Energy shares jumped by 1.7% on Thursday.

In trading on Thursday, materials stocks fell by 1.1%.

**Top Headline**

**Darden Restaurants Inc** (NYSE:DRI) reported worse-than-expected first-quarter financial results.

Darden reported quarterly earnings of $2.05 per share which missed the analyst consensus estimate of $2.06 per share. The company reported quarterly sales of $3.200 billion which missed the analyst consensus estimate of $3.206 billion.

**Equities Trading UP**  

-   **Apimeds Pharmaceuticals US Inc (**NYSE:APUS) shares shot up 163% to $6.02 after the company announced its subsidiary, MindWave, signed a 12-month technology services agreement with AQUAE Holdings to deploy its MindChain infrastructure as the foundation of AQUAEChain.
-   Shares of **Surrozen Inc** (NASDAQ:SRZN) got a boost, surging 90% to $30.63. Surrozen recently announced submission of IND application for SZN-8141 for the treatment of diabetic macular edema.
-   **Everpure Inc (**NYSE:P) shares were also up, gaining 18% to $129.84 after the data storage company outlined a broader growth strategy and issued a preliminary fiscal 2028 outlook at its 2026 Financial Analyst Meeting.

**Equities Trading DOWN**

-   **Stitch Fix Inc (**NASDAQ:SFIX) shares dropped 22% to $2.20 after the company reported mixed fourth-quarter financial results and issued weak fiscal 2027 sales guidance.
-   Shares of **ACADIA Pharmaceuticals Inc (**NASDAQ:ACAD) were down 10% to $22.82 after the company disclosed Phase 3 enabling topline results from Phase 2 RADIANT study of remlifanserin for the treatment of Alzheimer’s disease psychosis.
-   **Viking Therapeutics Inc (**NASDAQ:VKTX) was down, falling 14% to $35.99 after the company announced a pair of proposed public offerings.

**Commodities**  

In commodity news, oil traded up 4.4% to $96.25 while gold traded down 0.4% at $4,300.70.

Silver traded down 1.8% to $63.785 on Thursday, while copper rose 0.1% to $6.7540.

**Euro zone**

European shares were mixed today. The eurozone’s STOXX 600 slipped 0.1%, while Spain’s IBEX 35 Index rose 0.3%, London’s FTSE 100 rose 0.3%, Germany’s DAX fell 0.1%, while France’s CAC 40 declined 0.1%.

**Asia Pacific Markets**

Asian markets closed mostly lower on Thursday, with Japan’s Nikkei 225 gaining 0.76%, Hong Kong’s Hang Seng index dipping 0.29%, China’s Shanghai Composite falling 1.22% and India’s BSE Sensex dropping 1.67%.

**Economics**

-   The U.S. current account deficit increased to $246 billion in the second quarter, from a revised $212.6 billion gap in the previous quarter, versus market estimates of a $255 billion gap.
-   U.S. initial jobless claims fell by 1,000 to 197,000 in the second week of September, compared to market estimates of 201,000.
-   U.S. building permits fell 2.1% month-over-month to 1.403 million units in August, versus initial estimates of a 2.7% decline.

*Photo via Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**