U.S. stocks traded mixed this morning, with the Dow Jones index falling around 150 points on Monday.
Following the market opening Monday, the Dow traded down 0.36% to 42,687.90 while the NASDAQ rose 0.15% to 19,602.60. The S&P 500 also rose, gaining, 0.02% to 5,931.81.
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Leading and Lagging Sectors
Information technology shares jumped by 0.5% on Monday.
In trading on Friday, consumer staples shares fell by 1%.
Top Headline
The Chicago Fed National Activity Index rose to -0.12 in November compared to a revised reading of -0.5 in October.
Equities Trading UP
- Traws Pharma, Inc. TRAW shares shot up 201% to $15.10 after the company announced progress in the development of Tivoxavir Marboxi.
- Shares of Reliance Global Group, Inc. RELIgot a boost, surging 194% to $3.5291 after the company issued a year-end review of its operations, as well as a look to the future.
- RAPT Therapeutics, Inc. RAPT shares were also up, gaining 160% to $2.1350 after the company announced a partnership with Shanghai Jemincare Pharmaceutical for an exclusive license agreement to develop and commercialize RPT904, a novel anti-IgE monoclonal antibody.
Equities Trading DOWN
- iLearningEngines, Inc. AILE shares dropped 59% to $0.3600 after the company announced it voluntarily filed for Chapter 11 Bankruptcy,
- Shares of MGO Global, Inc. MGOL were down 59% to $0.3846 after the company announced the pricing of upsized $6.0 million public offering.
- Castellum, Inc. CTM was down, falling 30% to $0.42 after the company announced the pricing of a $3.6 million registered direct offering of 9.47 million shares at $0.38 per share.
Commodities
In commodity news, oil traded down 0.3% to $69.24 while gold traded down 0.5% at $2,631.70.
Silver traded up 0.8% to $30.190 on Monday, while copper fell 0.2% to $4.0940.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 gained 0.3%, Germany's DAX fell 0.1% and France's CAC 40 rose 0.1%. Spain's IBEX 35 Index fell 0.3%, while London's FTSE 100 rose 0.3%.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 1.19%, Hong Kong's Hang Seng Index gaining 0.82%, China's Shanghai Composite Index declining 0.50% and India's BSE Sensex gaining 0.64%.
Economics
The Chicago Fed National Activity Index rose to -0.12 in November compared to a revised reading of -0.5 in October.
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