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Nasdaq Down 50 Points; US Foods Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Nasdaq Composite falling over 50 points on Thursday. Following the market opening Thursday, the Dow traded up 0.04% to 54,373.37 while the NASDAQ fell 0.24% to 26,299.39. The S&P 500 also fell, dropping, 0.01% to 7,723.23. Leading and Lagging Sectors Energy shares jumped by 1.3% on Thursday. In trading on Thursday, information technology stocks fell by 0.5%. Top Headline US Foods Holding Corp (NYSE: USFD ) reported better-than-expected earnings for the second quarter. The company posted quarterly earnings of $1.44 per share which beat the analyst consensus estimate of $1.36 per share. The company reported quarterly sales of $10.532 billion which beat the analyst consensus estimate of $10.461 billion. Equities Trading UP Clearone Inc (NASDAQ: CLRO ) shares shot up 203% to $11.15 following a Securities and Exchange Commission filing that r...

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