US Stocks Dip as Dow Jones Falls Over 50 Points, Utilities Lead While Energy Lags

U.S. stock markets traded mostly lower on Wednesday, with the Dow Jones falling over 50 points. While utilities gained 0.5%, energy stocks fell by 0.7%. Cintas Corporation (CTAS) reported strong first-quarter earnings, beating analyst expectations. Other notable movers include AtlasClear Holdings, Inc. (ATCH) and Eightco Holdings Inc. (OCTO) surging in price, while Vertex Energy, Inc. (VTNR) and Stitch Fix, Inc. (SFIX) experienced significant drops. European markets were mixed, with Spain’s IBEX 35 and London’s FTSE 100 rising while Germany’s DAX and France’s CAC 40 fell. Asian markets mostly closed higher.

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