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Nasdaq Dips 300 Points; Johnson & Johnson Earnings Top Estimates

U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling around 300 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.10% to 40,914.80 while the NASDAQ fell 1.63% to 18,208.05. The S&P 500 also fell, dropping, 0.98% to 5,611.77                                 . Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsEnergy shares jumped by 0.5% on Wednesday. In trading on Wednesday, information technology shares fell by 2.3%. Top Headline Johnson & Johnson (NYSE:JNJ) reported better-than-expected second-quarter earnings on Wednesday. The company posted adjusted EPS of $2.82, up 10.2% year-over-year, beating the consensus of $2.70. The pharma giant reported sales of $22.45 billion, up 4.3% year-over-year, beating the consensus of $22.31 billion. Johnson & Johnson raised fiscal year 2024 operational sales guidance to $89.2 billion-$89.6 billion versus prior guidance of $88.7 billion-$89.1 billion. Equities Trading UP                        Aditxt, Inc. (NASDAQ:ADTX) shares shot up 67% to $2.66. Aditxt and Evofem amended merger ...