0.49697.97% ( +0.0367 )
Closed: Oct 12, 16:00:00 (EDT)Nasdaq Falls Over 100 Points; US Crude Inventories Decline
benzinga_article·- U.S. equities traded lower midway through Wednesday, with the Nasdaq falling 0.41% to 27,485.79 and the Dow dropping 0.92% to 51,045.57. - U.S. crude inventories declined by 3.186 million barrels in the week ended Oct. 2, marking the largest drop in 5 weeks against expected gains. - European and Asia Pacific markets closed lower, while mortgage applications fell by 4.2% for their fifth consecutive weekly decline.CAR-T specialist Caribou culls pipeline and seeks exit deal
Pharmaceutical Technology·Dow Tumbles 350 Points; Constellation Brands Earnings Top Views
benzinga_article·- U.S. stocks traded lower on Wednesday, with the Dow Jones index falling approximately 350 points to 51,166.67. - Constellation Brands reported better-than-expected second-quarter earnings of $3.74 per share and sales of $2.633 billion, alongside the acquisition of SpikedAde. - Mortgage application volumes dropped by 4.2% for the week ending Oct. 2, marking the fifth consecutive decline.
