Nasdaq Down 1.5%; Microsoft Posts Upbeat Results - BioXcel Therapeutics (NASDAQ:BTAI), Abri SPAC I (NASDAQ:ASPA)
U.S. stocks traded lower this morning, with the Nasdaq Composite falling 1.5% on Wednesday. Following the market opening Wednesday, the Dow traded down 0.26% to 33,053.68 while the NASDAQ fell 1.50% to 12,942.66. The S&P 500 also fell, dropping, 0.97% to 4,206.67.