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Nasdaq Down Over 100 Points; Abbott Laboratories Earnings Beat Views

Benzinga ·  Jul 18 14:31

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Thursday.

The Dow traded down 1.08% to 40,752.05 while the NASDAQ fell 0.80% to 17,853.34. The S&P 500 also fell, dropping, 0.75% to 5,546.48.

Leading and Lagging Sectors

Energy shares jumped by 1.1% on Thursday.

In trading on Thursday, health care shares fell by 1.6%.

Top Headline

Abbott Laboratories(NYSE:ABT) reported better-than-expected earnings for its second quarter on Thursday.

The company posted sales of $10.38 billion, up 4%, almost in line with the consensus of $10.37 billion. Abbott's adjusted diluted earnings per share was $1.14, beating the analyst estimates...

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