U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 400 points on Thursday.The Dow traded down 0.86% to 49,073.13 while the NASDAQ dipped 1.03% to 22,669.07. The S&P 500 also fell, dropping, 0.91% to 6,820.34.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsReal estate shares gained by 0.1% on Thursday.In trading on Thursday, materials stocks fell by 2.2%.Top HeadlineBristol Myers Squibb & Co. (NYSE:BMY) ...

Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 200 points, closing up 0.48% at 48,673.55. The NASDAQ rose 0.09% to 23,582.81, and the S&P 500 gained 0.25% to 6,927.29 [1] - Consumer staples shares rose by 0.7%, while communication services stocks fell by 0.1% [1] Economic Indicators - U.S. initial jobless claims decreased by 10,000 to 214,000 for the week ending December 20, which was better than market estimates of 223,000 [2][10] Commodity Market - In commodity trading, oil prices fell by 0.2% to $58.28, gold decreased by 0.3% to $4,493.50, and silver dropped by 0.2% to $71.00. Conversely, copper rose by 0.2% to $5.5640 [5] European Market - European shares showed mixed results, with the eurozone's STOXX 600 gaining 0.1%, while Spain's IBEX 35 Index fell by 0.06%. London's FTSE 100 decreased by 0.19%, Germany's DAX 40 rose by 0.23%, and France's CAC 40 slipped by 0.01% [6] Asian Market - Asian markets closed mixed, with Japan's Nikkei 225 down 0.14%, Hong Kong's Hang Seng up 0.17%, China's Shanghai Composite up 0.53%, and India's BSE Sensex down 0.14% [7] Company Updates - Edgewise Therapeutics Inc (NASDAQ:EWTX) shares surged 21% to $26.36 following updates from the ongoing CIRRUS-HCM Phase 2 trial of EDG-7500 [9] - Multi Ways Holdings Ltd (NYSE:MWG) shares increased by 62% to $0.41 after reporting a year-over-year increase in H1 EPS results [9] - Omeros Corp (NASDAQ:OMER) shares rose 68% to $14.72 after the FDA approved YARTEMLEA for treating hematopoietic stem cell transplant–associated thrombotic microangiopathy [9] - Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares fell 10% to $24.56 after a significant rally, influenced by commodity market conditions and a major divestiture by AMC Entertainment Holdings Inc (NYSE:AMC) [9] - Citius Pharmaceuticals Inc (NASDAQ:CTXR) shares dropped 24% to $0.80 despite reporting better-than-expected earnings for the fourth quarter [9] - SMX (Security Matters) PLC (NASDAQ:SMX) shares decreased by 9% to $135.00 [9]

Group 1: Market Overview - Pre-market futures are up following a 25 basis points interest rate cut by the Fed, with the Dow up +230 points, S&P 500 up +51, Nasdaq up +287, and Russell 2000 up +30 points [1] - Bond yields have slightly increased, with the 10-year yield at +4.08% and the 2-year yield at +3.55% [1] Group 2: Jobless Claims - Initial Jobless Claims spiked to +264K due to a reporting disruption in Texas, marking the highest week of new claims since October 2021, but fell back to +231K for the last week [2] - Continuing Claims have decreased to 1.920 million, the lowest since May, remaining below 1.94 million for two consecutive weeks [3] Group 3: Manufacturing Index - The Philly Fed Index reported its highest monthly tally since January at +23.2, indicating five up-months and four down-months in 2025, contrasting with the negative Empire State Index of -8.7 for the same month [5] Group 4: Earnings Reports - Darden Restaurants (DRI) reported fiscal Q1 earnings of $1.97 per share, missing estimates by 3 cents, but revenues of $3.04 billion exceeded expectations, up from $2.76 billion a year ago [6] - FedEx (FDX) is expected to report earnings growth of +1.4% with a revenue increase of +0.9%, while Lennar Homes (LEN) faces tough comparisons with expected earnings growth of -45% and revenue decline of -4% [7]

We're just seconds away now from the jobless claims data coming in. Let's get a quick check of the futures right now. A mixed p picture.The S&P 500 is down three points. The uh Dow is off by 48, but the NASDAQ in positive territory by two points. Treasuries right now, you're seeing the 10-year largely unchanged uh at 4.34% and unchanged.Uh you've got the 2-year now down 3.858% is the yield on that. Rick Santelli standing by at the CME in Chicago with the numbers when they come in. Rick, absolutely, Contessa ...