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U.S. stocks traded lower this morning, with the Nasdaq Composite falling around 1% on Thursday.
Following the market opening Thursday, the Dow traded down 0.84% to 46,176.67 while the NASDAQ fell 0.99% to 21,625.40. The S&P 500 also fell, dropping, 0.71% to 6,528.80.
Leading and Lagging Sectors
Energy shares climbed by 1.4% on Thursday.
In trading on Thursday, consumer discretionary stocks fell by 1.7%.
Top Headline
U.S. initial jobless claims declined by 9,000 to 202,000 in the fourth week of March, compared to market estimates of 212,000.
Equities Trading UP
- Sky Quarry Inc (NASDAQ:SKYQ) shares shot up 71% to $4.33 after the company announced that it’s in discussions with crude oil companies in Nevada about increasing local production that could supply its Foreland Refinery.
- Shares of Cocrystal Pharma Inc (NASDAQ:COCP) got a boost, surging 36% to $1.38 after the company announced that it has received Fast Track designation from the FDA for its CDI-988, the first oral antiviral candidate …
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