Apex Trader Funding - News
Dow Dips Over 500 Points; US GDP Growth Misses Expectations
U.S. stocks traded lower this morning, with the Dow Jones index tumbling by more than 500 points on Thursday.
Following the market opening Thursday, the Dow traded down 1.42% to 37,915.92 while the NASDAQ fell 2.16% to 15,374.09. The S&P 500 also fell, dropping, 1.37% to 5,002.04.
Check This Out: How To Earn $500 A Month From T-Mobile US Stock Ahead Of Q1 Earnings Report
Leading and Lagging SectorsConsumer staples shares climbed by 0.3% on Thursday.
In trading on Thursday, communication services shares fell by 6.3%.
Top Headline
The U.S. economy grew an annualized 1.6% in the first quarter, marking a notable slowdown from the 3.4% rate in the final quarter of 2023. However, analysts were expecting a 2.5% growth.
Equities Trading UP
Safe & Green Holdings Corp. (NASDAQ:SGBX) shares shot up 70% to $0.2453. Safe & Green Holdings said it has entered into an agreement to produce 4 modular electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.
Shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) got a boost, surging ...