S&P 500 Falls Over 1%; American Electric Power Shares Gain After Upbeat Earnings

U.S. stocks, including the Nasdaq Composite, Dow, and S&P 500, traded lower on Thursday, with the S&P 500 falling over 1%. American Electric Power Company, Inc. (AEP) shares gained significantly after reporting better-than-expected fourth-quarter results. Other companies like Cognex Corp (CGNX), Fastly Inc (FSLY), and Novocure Ltd (NVCR) also saw notable stock movements following their respective financial reports or announcements.

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