U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 800 points on Monday.
The Dow traded down 2.14% to 37,494.77 while the NASDAQ dipped 1.24% to 15,393.88. The S&P 500 likewise fell, dropping, 1.59% to 4,993.52.
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Leading and Lagging Sectors
Infotech shares rose by 4.7% on Monday.
In trading on Monday, customer staples shares increased by simply by 0.7%.
Leading Heading
The Manheim Utilized Automobile Worth Index fell 0.7% month-over-month in March, matching the rate of decrease in the previous month.
Equities Trading UP
- Janover Inc. JNVR shares soared 332% to $17.27. Janover raised $42 million in convertible notes and warrants from Pantera Capital, Kraken, Arrington Capital, and others.
- Shares of Newsmax, Inc. NMAX got an increase, rising 16% to $52.31. Newsmax participated in standby equity purchase contract for as much as $1.2 billion with Yorkville Advisors.
- Chanson International Holding CHSN shares were likewise up, acquiring 70% to $0.3722 as the business reported a year-over-year boost in FY24 monetary outcomes.
Equities Trading DOWN
- TAL Education Group TAL shares dropped 8% to $11.27. Shares of US-listed Chinese business traded lower after President Trump recently enforced 34% tariffs on China. In retaliation, China enforced a 34% tariff on United States products.
- Shares of China Pharma Holdings, Inc. CPHI were down 31% to $0.1532 as the business reported a 1-for-10 reverse stock split.
- reAlpha Tech Corp AIRE was down, falling 42% to $0.6062 as the business revealed workout of warrants for $3.1 million gross profits.
Products
In product news, oil traded down 2.1% to $60.72 while gold traded down 0.6% at $3,017.70.
Silver traded up 3.2% to $30.150 on Monday, while copper fell 3.3% to $4.2565.
Euro zone
European shares were lower today. The eurozone’s STOXX 600 fell 3.99%, Germany’s DAX 40 dipped 3.67% and France’s CAC 40 fell 4.3%. Spain’s IBEX 35 Index fell 4.62%, while London’s FTSE 100 dipped 3.87%.
Asia Pacific Markets
Asian markets closed lower on Monday, with Japan’s Nikkei 225 dipping 7.83%, China’s Shanghai Composite falling 7.34%, Hong Kong’s Gang Seng index dipping 13.22% and India’s BSE Sensex falling 2.95%.
Economics
The Manheim Utilized Automobile Worth Index fell 0.7% month-over-month in March, matching the rate of decrease in the previous month.
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