Crude Oil Rises Over 1%; Conagra Brands Earnings Top Views
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. The Dow traded down 0.42% to 51,135.81 while the NASDAQ rose 0.86% to 27,028.35. The S&P 500 also rose, gaining, 0.32% to 7,695.23. Leading and Lagging Sectors Information technology shares jumped by 1.2% on Wednesday. In trading on Wednesday, consumer staples stocks fell by 1.2%. Top Headline Conagra Brands Inc (NYSE: CAG ) posted better-than-expected earnings for the first quarter. The company posted adjusted earnings of 41 cents per share, beating market estimates of 28 cents per share. The company’s sales came in at $2.596 billion versus estimates of $2.589 billion. Equities Trading UP Capital Bancorp Inc ( NASDAQ: CBNK ) shares shot up 12% to $39.90. Peoples Bancorp Inc. and Capital Bancorp announced a merger agreement. Shares of Connect Biopharma Holdings Ltd (NASDAQ: CNTB ) got a boost, surging 41% to $1.40 after the company announced preliminary topline data from its global Phase 2 study evaluating rademikibart. FormFactor Inc ( NASDAQ: FORM ) shares were also up, gaining 8% to $147.56. Deutsche Bank analyst George Brown initiated coverage on FormFactor with a
S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. 35. 23.
2% on Wednesday. 2%. Top Headline Conagra Brands Inc (NYSE: CAG ) posted better-than-expected earnings for the first quarter. The company posted adjusted earnings of 41 cents per share, beating market estimates of 28 cents per share.
589 billion. 90. Peoples Bancorp Inc. and Capital Bancorp announced a merger agreement.
40 after the company announced preliminary topline data from its global Phase 2 study evaluating rademikibart. 56. Deutsche Bank analyst George Brown initiated coverage on FormFactor with a Buy rating and announced a price target of $200. Equities Trading DOWN Darkiris Inc.
AI global expansion and entertainment technology ecosystem. 92. 27 after the company announced topline results from the Pivotal Phase 3 TransportNPC™ Study of Trappsol Cyclo in Niemann-Pick Disease Type C (NPC). 50.
62. Euro zone European shares were lower today. 8%. 07%.
4%. 7% consensus. 3% forecast. 3%.
5%. S. private businesses added 90,000 jobs in September, above market estimates of 70,000, compared to a revised 36,000 gain in August. S.
9 billion in the previous month. 2% month-over-month in August. S. 9%, in August.
S. 3 million barrels in the week ended Sept. 3 million-barrel draw. Photo via Shutterstock