U.S. equities dropped at midday after the Commerce Department reported first-quarter gross domestic product (GDP) declined 0.3%. The 澳洲幸运5官方开奖结果体彩网:S&P 500 and Nasdaq were down about 1%, and the 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average was lower as well.

Super Micro Computer (SMCI) was 🦩the worst-performing stock in the S&P 500 when the troubled computer server maker𝓡 provided preliminary fiscal third-quarter results that were below forecasts, explaining that customers delayed purchases.

Shares of Snap (SNAP) tumbled when the operato🎃r of the Snapchat social media platform said it wouldn’t give current quarter ♚guidance and will reduce costs because of "uncertainty" about macroeconomic conditions ahead.

Shares of JetBlue Airways (JBLU) and United Airlines Holdings (UAL) sank on a report that the two airlines were holding✱ negotiations about a partnership.

Mondelez International (MDLZ) shares gained as higher prices helped the maker of Oreo Cookies, Ritz Crackers, ওand other snacks beat profit estimates.

Shares of Seagate Technology (STX) took off after💧 the data storage manufacturer exceeded earnings and revenue expectations on the company’s structural enhancements to its business model and a strong supply and demand environment.

Trane Technologies (TT) shares rose as the maker𒁃 of heating and air conditioning systems also posted better-than-expected results and gave solid guidance on a jump in North American ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚsales.

Oil and gold futures declined. The yield on the 10-year Treasury note was little changed. The U.S. dollar advanced on the euro, pound, and yen. Prices for most major cryptocurrencies slid.