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Nasdaq Jumps Over 2%; Walmart Earnings Top Views

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 2% on Thursday. The Dow traded up 1.25% to 40,509.36 while the NASDAQ jumped 2.24% to 17,577.21. The S&P 500 also rose, gaining, 1.51% to 5,537.70. Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Materials Stocks With Over 4% Dividend Yields Leading and Lagging SectorsConsumer discretionary shares climbed by 2.8% on Thursday. In trading on Thursday, utilities shares fell 0.3%. Top Headline Walmart Inc (NYSE:WMT) announced strong second-quarter results and raised full-year guidance. The retailer reported adjusted EPS of 67 cents (+9.8% Y/Y), beating the consensus of 64 cents. Sales were $169.34 billion, up 4.8% year over year or 5.0% (at constant currency), beating the consensus of $168.57 billion. Equities Trading UP                        Cingulate Inc. (NASDAQ:CING) shares shot up 123% to $4.1299 after the company was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD. Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) got a boost, surging 28% to $26.58 after the company said its first five commercial satellites are on target for orbital launch in the first half of September. SciSparc Ltd. (NASDAQ:SPRC) shares were also up, gaining 43% to $0.4599 after the company announced ...