Towards the end of Trading on Wednesday, the Dow Jones was down 0. 06% at 35,337. 79 while the NASDAQ was up 0. 53% at 15,339. 91.
The United States has the number of coronavirus cases and deaths in the world, reporting a total of 39,200,750 cases with an estimated 640,120 deaths. India has shown a total of at least 32,810,840 cases and 439,020 deaths, while Brazil has reported more than 20,776,870 cases of COVID-19 with 580,410 deaths In total, there have been at least 217,776,640 cases of international COVID-19 with more than 4,520,500 deaths, according to knowledge compiled through Johns Hopkins University.
Campbell Soup Company (NYSE: CPB) on Wednesday reported better-than-expected effects for its fourth quarter.
Campbell Soup posted adjusted quarterly earnings of $0. 55 consistent with share, beating market estimates of $0. 47 consistent with share. The company’s quarterly sales were $1. 87 billion, with estimates of $1. 81 billion.
Campbell Soup said it expects earnings of $2. 75 to $2. 85 consistent with the consistent percentage for fiscal 22, versus $2. 87 consistent with the consistent percentage according to analysts’ estimates. The company also expects sales to decline between 0% and 2%.
Shares of Vera Bradley, Inc. (NASDAQ: VRA) fell 14% to $9. 83 after the company posted disappointing quarterly results. Vera Bradley said she continues to face problems in the origin chain and a significant increase in transportation prices and fares.
Shares of Support. com, Inc. (NASDAQ: SPRT) fell 23% to $24. 11 due to continued volatility as inventory was released under a short name.
Dycom Industries, Inc. (NYSE: DY) was down, falling 6% to $70. 71 after the company reported lower-than-expected sales and BPA effects in the current quarter.
European stocks closed largely higher today: the eurozone’s STOXX 600 rose 0. 48%, Spain’s Ibex index rose 1. 64% and Germany’s DAX 30 fell 0. 07%. FTSE MIB gained 0. 66%.
The unemployment rate in the eurozone fell to 7. 6% in July from 7. 8% in June, while the output PMI fell to 61. 4% in August from 62. 8% in July. July.
Private corporations in the United States hired 374,000 in August, ADP said.