U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.
The Dow traded down 0.46% to 47,733.58 while the NASDAQ fell 0.32% to 23,501.92. The S&P 500 likewise fell, dropping, 0.46% to 6,838.69.
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Leading and Lagging Sectors
Infotech shares leapt by 0.6% on Monday.
In trading on Monday, interaction services stocks fell by 2.1%.
Leading Heading
The one-year-ahead mean inflation expectations in the United States stayed at 3.2% in November.
Equities Trading UP
- Structure Rehabs Inc. ( NASDAQ: GPCR) shares soared 100% to $68.95 after the business revealed topline information from the gain access to scientific program of aleniglipron for the treatment of individuals dealing with weight problems and/or obese with a minimum of one weight associated co-morbidity.
- Shares of Wave Life Sciences Ltd. ( NASDAQ: WVE) got an increase, rising 124% to $16.77 after the business reported favorable interim Stage 1 information revealing its weight problems drug WVE-007 provided GLP-1-like weight loss at 3 months without muscle loss and was normally safe and well endured.
- Fulcrum Rehabs, Inc. ( NASDAQ: FULC) shares were likewise up, getting 63% to $14.50 after the business reported preliminary arise from the 20 mg dosage associate of its Stage 1b leader trial of Pociredir in sickle cell illness, revealing a clear dose-response and robust fetal hemoglobin induction at week 6.
Equities Trading DOWN
- SMX (Security Matters) Public Limited Business ( NASDAQ: SMX) shares dropped 57% to $141.56 after leaping 135% on Friday.
- Shares of BiomX Inc. ( NYSE: PHGE) were down 33% to $3.4398 after the business stopped its Stage 2b trial of BX004 in cystic fibrosis clients with persistent Pseudomonas aeruginosa infections.
- Meihua International Medical Technologies Co., Ltd. ( NASDAQ: MHUA) was down, falling 38% to $8.66 after the business revealed that the business will be delisted from the Nasdaq.
Products
In product news, oil traded down 1.6% to $59.14 while gold traded down 0.6% at $4,219.60.
Silver traded down 1.1% to $58.395 on Monday, while copper fell 0.7% to $5.4225.
Euro zone
European shares were blended today. The eurozone’s STOXX 600 fell 0.07%, while Spain’s IBEX 35 Index increased 0.14%. London’s FTSE 100 fell 0.23%, Germany’s DAX 40 acquired 0.07% and France’s CAC 40 fell 0.08% throughout the session.
Asia Pacific Markets
Asian markets closed blended on Monday, with Japan’s Nikkei increasing 0.18%, Hong Kong’s Hang Seng dipping 1.23%, China’s Shanghai Composite increasing 0.54% and India’s BSE Sensex decreasing 0.71%.
Economics
The one-year-ahead mean inflation expectations in the United States stayed at 3.2% in November.
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