U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling more than 50 points on Thursday. Following the market opening Thursday, the Dow traded down 0.01% to 44,142.13 while the NASDAQ fell 0.27% to 19,979.88. The S&P 500 also fell, dropping, 0.14% to 6,075.73. Check This Out: Jim Cramer Says ‘Keep Owning’ This Energy Stock, Abbott Laboratories ‘Legal...

11:47 AM EST, 12/12/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite were both down in late-morning trading on Thursday, while the Dow Jones Industrial Average was flat as the latest reading for producer prices came in hotter than expected. In company news, Adobe (ADBE) reported fiscal Q4 non-GAAP earnings late Wednesday of $4.81 per diluted share, up...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Warner Bros Discovery ( WBD ) gains on plans to split TV, streaming units * Adobe drops after forecasting 2025 revenue below estimates * Centene ( CNC ) rises after guiding 2025 profit above expectations * Indexes down: Dow...

(Reuters) - Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to 15% in the second half of the year, the brokerage said on Thursday citing concerns about slower economic growth and sticky inflation. The brokerage expects the U.S. stocks benchmark to drop to mid-5,000s late next year, a bearish view on...