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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 0.5% on Thursday.
The Dow traded down 0.36% to 40,828.19 while the NASDAQ rose 0.53% to 17,174.66. The S&P 500 also fell, dropping, 0.08% to 5,515.76.
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Leading and Lagging Sectors
Consumer discretionary shares climbed by 1.4% on Thursday.
In trading on Thursday, health care shares fell by 1.2%.
Top Headline
Science Applications International Corp (NYSE:SAIC) reported upbeat earnings for its second quarter.
The company posted a 2% revenue growth year over year in the fiscal second quarter of 2025 to $1.82 billion, marginally beating the analyst consensus estimate of $1.79 billion. Adjusted EPS of $2.05 beat the analyst consensus of $1.86. The topline growth reflects a ramp-up in volume on existing and new contracts.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 0.5% to $68.89 while gold traded up 0.8% at $2,545.00.
Silver traded up 2% to $29.13 on Thursday, while copper rose 1.4% to $4.1375.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.54%, Germany's DAX fell 0.08% and France's CAC 40 fell 0.92%. Spain's IBEX 35 Index rose 0.53%, while London's FTSE 100 fell 0.34%.
Retail sales in the Eurozone rose by 0.1% from the previous month in July compared to a revised 0.4% decline in the earlier month. The HCOB Eurozone construction PMI came in unchanged at 41.4 in August. The S&P Global UK construction PMI declined to 53.6 in August compared to 55.3 in July.
Asia Pacific Markets
Asian markets closed mostly lower on Thursday, with Japan's Nikkei 225 falling 1.05%, Hong Kong's Hang Seng Index falling 0.08%, China's Shanghai Composite Index gaining 0.14% and India's BSE Sensex falling 0.18%.
Average cash earnings in Japan rose by 3.6% year-over-year in July versus a 4.5% increase in the prior month.
Economics
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