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U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Thursday.
The Dow traded down 1.01% to 38,055.10 while the NASDAQ fell 0.64% to 16,812.30. The S&P 500 also fell, dropping, 0.48% to 5,241.69.
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Leading and Lagging Sectors
Real estate shares rose by 1.3% on Thursday.
In trading on Thursday, information technology shares dipped by 1.7%.
Top Headline
The EIA said stocks of crude oil in the U.S. fell by 4.16 million barrels in the week ending May 24 compared to market estimates of a 1.95 million barrels fall.
Equities Trading UP
Equities Trading DOWN
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Commodities
In commodity news, oil traded down 0.7% to $78.70 while gold traded up 1% at $2,364.20.
Silver traded down 2.6% to $31.535 on Thursday, while copper fell 2.9% to $4.6520.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.59%, Germany's DAX gained 0.16% and France's CAC 40 gained 0.53%. Spain's IBEX 35 Index jumped 1.76%, while London's FTSE 100 gained 0.59%.
The services sentiment indicator in the Eurozone rose to 6.5 in May from 6.1 in April, while industry confidence indicator climbed to -9.9 in May versus a revised reading of -10.4 in April. Consumer confidence in the Eurozone gained by 0.4 points to -14.3 in May, while economic sentiment indicator surged to 96 points in May, recording the highest level in four months. The unemployment rate in the Eurozone fell to a new record low of 6.4% in April.
Asia Pacific Markets
Asian markets closed lower on Thursday, with Japan's Nikkei falling 1.30%, China's Composite Index dipping 0.62%, Hong Kong's Hang Seng Index falling 1.34% and India's S&P BSE Sensex falling 0.83%.
Economics
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