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U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 1% on Thursday.
The Dow traded down 0.48% to 40,694.62 while the NASDAQ fell 1.25% to 17,695.46. The S&P 500 also fell, dropping, 0.73% to 5,579.78.
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Leading and Lagging Sectors
Energy shares climbed by 0.5% on Thursday.
In trading on Thursday, information technology shares fell by 1.2%.
Top Headline
Williams-Sonoma, Inc. (NYSE:WSM) shares dipped over 8% on Thursday after the company reported second-quarter results.
The company reported second-quarter adjusted earnings per share of $1.74, beating the analyst consensus of $1.59. Quarterly sales of $1.788 billion missed the street view of $1.811 billion.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 2% to $73.34 while gold traded down 1.2% at $2,517.80.
Silver traded down 1.6% to $29.065 on Thursday, while copper fell 1.2% to $4.1390
Euro zone
European shares closed mostly higher today. The eurozone's STOXX 600 gained 0.35%, Germany's DAX rose 0.24% and France's CAC 40 slipped 0.01%. Spain's IBEX 35 Index rose 0.37%, while London's FTSE 100 rose 0.06%.
The S&P Global UK composite PMI climbed to 53.4 in August, notching the highest level since April. The HCOB Eurozone composite PMI surged to 51.2 in August from 50.2 a month ago.
The HCOB France composite PMI rose to 52.7 in August from 49.1 in the previous month, while Germany composite PMI fell to 48.5 in August from July’s reading of 49.1.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei 225 gaining 0.68%, Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite Index falling 0.27% and India's BSE Sensex rising 0.18%.
The HSBC India Composite PMI slipped to 60.5 in August versus 60.7 in the previous month, while Japan composite PMI climbed to 53.0 in August from 52.5 a month ago.
Economics
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