U.S. indices traded lower Thursday as stocks experienced continued volatility amid concerns over rising interest rates and inflation.
U.S. inflation data came in higher-than-expected Wednesday. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn't risen 8.3% in any month since 1982.
- The Nasdaq composite finished lower by 0.18% to 11,945; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) lost 0.26% to $291.07
- The S&P 500 traded lower by 0.12% to 3,930; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) lost 0.08% to $392.43
- The Dow Jones composite finished lower by 0.25% to 10,906; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished lower by 0.26% at $317.64
Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
Splunk Inc (NASDAQ:SPLK), Seagen Inc (NASDAQ:SEGN) and Mercadolibre Inc (NASDAQ:MELI) were among the top gainers.
Nvidia Corporation (NASDAQ:NVDA), Apple Inc (NASDAQ:AAPL) and Exelon Corporation (NASDAQ:EXC) were among the top losers.
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