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Wall Street mixed in early trade as investors assess latest earnings data

Major equity indexes in the U.S. started the day on a mixed note Thursday as investors continue to assess yesterday’s FOMC announcements and today’s earnings figures. As of writing, the Dow Jones Industrial Average was down 0.03% on the day while the S&P 500 and the Nasdaq Composite were up 0.1% and 0.15%, respectively.

Among the 11 major S&P 500 sectors, Real Estate is leading winners by rising more than 1%. On the other hand, Consumer Staples and Communication Services are both down 0.25% at the moment.

Earlier today, athletic apparel retailer Under Armour announced that raised its profit forecast for the fiscal year of 2019 and staged an impressive rally. The company’s shares were up more than 5% in the early trade. Meanwhile, DowDuPont’s first-quarter profit missed analysts’ estimates as it decreased amid falling net sales.  

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