US stocks close stable as Nasdaq tumbles below 8,000 level

US stocks stabilized at the end of today's trading, as Nasdaq fell below 8,000 points, while the health care and energy companies' stocks was under pressure.

Markets are looking forward to a steady stream of corporate earnings by listed companies, as PepsiCo today announced higher-than-expected first-quarter profit and revenues.

On the other hand, West Texas crude fell by 0.5% to close at $63.76 a barrel, the highest price of the day at $64.6 and the lowest price at $63.6.

Brent fell 0.%1 to $71.62 a barrel, hitting a record high of $72.2 and a low of $71.4.

Government data showed the US trade deficit fell by 3.4% to $49.4 billion in February.

At the end of the session, Dow Jones fell by 3 points and closed at 26,449 points, the highest level at 26,501 points and the lowest level at 26,391 points.

Nasdaq fell 4 points to close at 7,996 points, and hit a high of 8,052 points and a low of 7,973 points.

Standard & Poor's fell by about 6 points to 2,900 points, with a high of 2,915 points and a low of 2,895 points.