Dow Jones falls 0.70% to close at 50,990.13, down 359.79 points

Conagra Brands Inc (NYSE: CAG) posted better-than-expected earnings for the first quarter, with adjusted earnings of 41 cents per share beating market estimates of 28 cents. Sales came in at $2.596 billion, surpassing the estimated $2.589 billion. Market performance and sector trends U.S. stocks traded mixed toward the end of trading on Wednesday. The Dow Jones Industrial Average fell 0.42% to 51,135.81, while the Nasdaq Composite rose 0.86% to 27,028.35. The S&P 500 gained 0.32% to close at 7,695.23. Sector performance was divergent. Information technology shares jumped 1.2%, leading the gains, while consumer staples stocks fell 1.2%. Notable equity movements…