U.S. stocks traded lower this morning, following the release of ADP jobs data on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.08% to 39,139.63 while the NASDAQ fell 0.27% to 16,197.58. The S&P 500 also fell, dropping, 0.02% to 5,204.61.
The Dow Jones index closed lower by around 400 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Shares of Cal-Maine Foods, Inc. (NASDAQ: CALM) rose sharply in today’s pre-market trading after the company reported upbeat results for its fourth quarter.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the "Greed" zone on Tuesday.
U.S. stocks closed lower on Tuesday, with the Dow Jones index recording losses for the second straight session. The 30-stock Dow also recorded its worst day since March 5.
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dipping over 1% on Tuesday.
The Dow traded down 1.07% to 39,142.53 while the NASDAQ fell 1.14% to 16,209.12. The S&P 500 also fell, dropping, 0.85% to 5,199.28.