U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.27% to 47,778.78 while the NASDAQ fell 0.40% to 22,544.04. The S&P 500 also fell, dropping, 0.23% to 6,767.01. Leading and Lagging Sectors Utilities shares climbed by 1.6% on Thursday. In trading on Thursday, information technology stocks fell by 0.8%. Top Headline The U.S. economy grew at an annualized rate of 0.5% in the fourth quarter. That's a sharp deceleration from the 4.4% pace recorded in the third quarter and a downward revision of 0.2 percentage points from the prior estimate, primarily due to weaker investment data. Equities Trading UP Onconetix Inc (NASDAQ: ONCO ) shares shot up 76% to $1.99 after the company announced Realbotix, its pending acquisition target, has delivered its first Vinci-equipped humanoid robot to Ericsson. Shares of DarkIris Inc (NASDAQ: DKI ) got a boost, surging 59% to $0.63 after the company announced ... Full story available on Benzinga.com
Dow Falls Over 100 Points; US GDP Growth Slows In Q4