Nasdaq Falls Over 100 Points; Eli Lilly Shares Gain On Upbeat Earnings
benzinga_article·- U.S. stocks traded mixed on Wednesday, with the Nasdaq Composite falling over 100 points while the Dow Jones Industrial Average rose 0.79% to 54,514.16. - Eli Lilly shares gained over 5% after reporting better-than-expected second-quarter earnings of $8.38 per share and quarterly sales of $22.974 billion. - U.S. private businesses added 44,000 jobs in July, falling below market estimates of 70,000.At a glance: Stocks gapping down premarket
MSN·- U.S. stock index futures rose on Wednesday following a massive market rally. - Several companies experienced significant premarket stock declines ahead of the opening bell. - Notable premarket drops included USANA Health Sciences down 21.8%, ANGI Inc. down 17.9%, and Limbach Holdings down 14.6%.