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Dow Dips Over 350 Points; Goldman Sachs Posts Upbeat Earnings
U.S. stocks traded lower this morning, with the Dow Jones falling more than 350 points on Monday.
Following the market opening Monday, the Dow traded down 0.79% to 47,537.73 while the NASDAQ fell 0.34% to 22,824.61. The S&P 500 also fell, dropping, 0.33% to 6,794.11.
Leading and Lagging Sectors
Information technology shares climbed by 1.2% on Monday.
In trading on Monday, consumer staples stocks fell by 1.2%.
Top Headline
Goldman Sachs Group Inc (NYSE:GS) reported better-than-expected earnings for the first quarter on Monday.
The company posted quarterly earnings of $17.55 per share which beat the analyst consensus estimate of $16.30 per share. The company reported quarterly sales of $17.227 billion which beat the analyst consensus estimate of $16.970 billion.
Equities Trading UP
- Real ...
Source: Benzinga