Benzinga · Aug 19, 2022
S&P 500 Down More Than 1%; Bed Bath & Beyond Shares Plummet
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping over 250 points on Friday. The Dow traded down 0.85% to 33,711.05 while the NASDAQ fell 2.04% to 12,701.42. The S&P 500 also fell, dropping, 1.27% to 4,229.18. Also check this: BJ's Wholesale Club, Cisco, Canadian Solar And Some Other Big Stocks Recording Gains On Thursday Leading and Lagging Sectors Health care shares climbed 0.7% on Friday. Meanwhile, top gainers in the sector included Axsome Therapeutics, Inc. (NASDAQ: AXSM), up 39% and Summit Therapeutics Inc. (NASDAQ: SMMT) up 21%. In trading on Friday, consumer discretionary shares fell by 2%. Top Headline Deere & Company (NYSE: DE) reported worse-than-expected Q3 EPS results. Deere reported third-quarter FY22 net sales and revenue growth of 22% year-over-year to $14.1 billion, beating the consensus of $12.78 billion. EPS increased to $6.16, missing the consensus of $6.69. Equities Trading UP GigaCloud Technology Inc (NASDAQ: GCT) shares shot up 175% to $43.17 on continued volatility following the company's IPO on Thursday. Shares of Aeglea BioTherapeutics, Inc. (NASDAQ:

