10 Top-Traded US Stocks for Thursday (7/8)

Thursday, after a choppy day the stock market finished sharply lower as worries about economic growth, nationwide health conditions and Chinese stocks interference led to a shakeout from lofty levels.

The $S&P 500 Index (.SPX.US)$-0.86% had only its second down day of the last 10 sessions. The $Dow Jones Industrial Average (.DJI.US)$-0.75% and $Nasdaq Composite Index (.IXIC.US)$-0.72% also slumped.

$Kansas City Southern (KSU.US)$, $CSX Corp (CSX.US)$, $Union Pacific (UNP.US)$US railroads, martime shippers $Star Bulk Carriers (SBLK.US)$, $Eagle Bulk Shipping (EGLE.US)$were weak after the WSJ reported the Biden administration plans to ask regulators to review consolidation and agreesive pricing within these industries.

$Overstock.com (OSTK.US)$, $TheRealReal (REAL.US)$, $Etsy Inc (ETSY.US)$outperformed after Needham initiates each at Outperform; $ThredUp (TDUP.US)$slid despite Outperform initiated; $Chewy (CHWY.US)$stumbled after Neutral initiation.

Banks $Goldman Sachs (GS.US)$, $JPMorgan (JPM.US)$, $Citigroup (C.US)$slid with Treasury yields extending their losing streak to 8 days.

Bitcoin, Ethereum tumbled, dragging related stocks $Coinbase (COIN.US)$, $Riot Platforms (RIOT.US)$, $Marathon Digital (MARA.US)$.

Movers & Shakers for Thursday

Read more:Wall Street Today: Stocks close lower on economic worries

$Biogen (BIIB.US)$, $Ball Corp (BLL.US)$, $Cabot Oil & Gas Corp (COG.US)$, $Boeing (BA.US)$, $MarketAxess (MKTX.US)$, $Kansas City Southern (KSU.US)$, $Norfolk Southern (NSC.US)$, $CSX Corp (CSX.US)$, $Union Pacific (UNP.US)$, $PulteGroup (PHM.US)$