Markets Finish Lower Following Wednesday's Intense Sell-Off

U.S. indices finished Thursday's trading session lower. Worse-than-expected retail earnings and anticipation of further Federal Reserve policy tightening in 2022 have continued to weigh on stocks across sectors.

• The Nasdaq composite finished lower by 0.26% to 11,388; The Invesco QQQ Trust Series 1 NASDAQ:QQQ lost 0.53% to $289.61
• The S&P 500 traded lower by 0.59% to 3,900; The SPDR S&P 500 ETF Trust NASDAQ:SPY lost 0.61% to $389.46
• The Dow Jones finished lower by 0.75% to 31,253.13; The SPDR Dow Jones Industrial Average ETF Trust NASDAQ:DIA finished lower by 0.75% at $313.18

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

Synopsys, Inc. NASDAQ:SNPS, MarketAxess Holdings Inc. NASDAQ:MKTX and Enphase Energy Inc NASDAQ:ENPH were among the top gainers.

Under Armour Inc NYSE:UA NYSE:UAA, Cisco Systems Inc NASDAQ:CSCO and Philip Morris International Inc. NYSE:PM were among the top losers.

Elsewhere On The Street

Genius Brands International Inc NASDAQ:GNUS announced on Wednesday that it signed a 20-year deal to license the name and likeness of Stan Lee to Marvel Studios for future films and TV productions, as well as in Walt Disney Co NYSE:DIS theme parks and experiences across the globe...

Target Corp NYSE:TGT reported worse-than-expected earnings results on Wednesday, which led several analysts to lower price targets on the stock...

Abbott Laboratories NYSE:ABT and the FDA are reportedly on track to reopen the company's Sturgis, Michigan, baby formula manufacturing plant within one or two weeks, FDA Commissioner Robert Califf said...