Nasdaq Edges Lower; Johnson & Johnson Earnings Top Estimates
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite moving lower on Wednesday.The Dow traded up 0.30% to 48,632.75 while the NASDAQ fell 0.06% to 22,940.77. The S&P 500 also rose, gaining, 0.16% to 6,807.83.Leading and Lagging SectorsEnergy shares gained by 2% on Wednesday.In trading on Wednesday, consumer staples stocks dipped by 0.5%.Top HeadlineJohnson & Johnson (NYSE:JNJ) on Wednesday reported better-than-expected fourth-quarter earnings.The company posted adjusted earnings of $2. ...