U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 300 points on Thursday.

The Dow traded down 0.63% to 54,005.27 while the NASDAQ fell 0.05% to 26,349.83. The S&P 500 also fell, dropping, 0.19% to 7,708.97.

Leading and Lagging Sectors

Energy shares jumped by 0.9% on Thursday.

In trading on Thursday, real estate stocks fell by 0.4%.

Top Headline

Keurig Dr Pepper Inc. (NASDAQ:KDP) reported better-than-expected second-quarter results and also reaffirmed its full-year 2026 outlook.

Adjusted earnings came in at 57 cents per share, beating the analyst consensus estimate of 54 cents. Revenue increased to $7.31 billion, ahead of expectations of $7.24 billion.

Equities Trading UP
         

• Aspen Aerogels Inc (NYSE:ASPN) shares shot up 52% to $7.61 after the company reported better-than-expected second-quarter sales results and issued third-quarter guidance above estimates.
• Shares of Honest Company Inc (NASDAQ:HNST) got a boost, surging 39% to $5.36 after the company reported upbeat second-quarter financial results and raised its FY26 sales guidance above estimates.
• Insmed Inc (NASDAQ:INSM) shares were also up, gaining 38% to $136.80 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance.

Equities Trading DOWN

• Yxt Com Group Holding (NASDAQ:YXT) shares dropped 70% to $7.13 after the company reported pricing of $1.05 million registered direct offering.
• Shares of ThredUp Inc (NASDAQ:TDUP) were down 47% to $3.30 after the company reported worse-than-expected Q2 EPS results and lowered its FY2026 sales guidance below estimates.
• UWM Holdings Corp (NYSE:UWMC) was down, falling 42% to $1.06 after the company reported mixed second-quarter financial results.

Commodities

In commodity news, oil traded up 2.1% to $76.11 while gold traded up 0.4% at $4,323.70.

Silver traded down 0.7% to $61.860 on Thursday, while copper rose 0.2% to $6.7400.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.3%, while Spain’s IBEX 35 Index rose 1.1% London’s FTSE 100 fell 0.1%, Germany’s DAX gained 0.1%, while France’s CAC 40 climbed 0.7%.

Asia Pacific Markets

Asian markets closed mixed on Thursday, with Japan’s Nikkei 225 falling 0.93%, Hong Kong’s Hang Seng index falling 1.49%, China’s Shanghai Composite rising 0.57% and India’s BSE Sensex rising 0.48%.

Economics

• U.S. initial jobless claims rose by 1,000 to 199,000 in the final week of July, compared to market estimates of 202,000.
• U.S. nonfarm business sector labor productivity increased 1.4% in the second quarter, higher than market estimates of a 0.6% gain.
• Unit labor costs increased by 1.3% in the second quarter, matching the revised pace in the previous quarter.

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