Nasdaq Down 50 Points; US Foods Posts Upbeat Earnings
benzinga_article·- U.S. stocks traded mixed on Thursday morning, with the Nasdaq Composite falling 0.24% to 26,299.39 while the Dow Jones rose 0.04% to 54,373.37. - US Foods Holding Corp reported upbeat second-quarter earnings of $1.44 per share on quarterly sales of $10.532 billion. - Economic data showed U.S. initial jobless claims rose to 199,000 in late July, while second-quarter labor productivity increased by 1.4%.