Why Stocks Are Trading Slightly Lower; U.S. Manufacturing PMI Slips
U.S. stocks traded slightly lower this morning, after recording gains in the previous session. Following the market opening Monday, the Dow traded down 0.28% to 32,752.14 while the NASDAQ fell 0.04% to 12,386.13. The SP also fell, dropping, 0.37% to 4,115.00. Also check this: Why Lottery.com Shares Are Trading Lower By 59%? 54 Stocks Moving In Friday''s Mid-Day Session Leading and Lagging Sectors Consumer discretionary shares climbed 1.5% on Monday. Meanwhile, top gainers in the sector included Grove Collaborative Holdings, Inc. (NYSE: GROV ), up 12% and Chico''s FAS, Inc. (NYSE: CHS ) up 7%. In trading on Monday, energy shares fell 3.2%. Top Headline The ISM manufacturing PMI fell to 52.8 in July from 53 in the previous month. However, analysts were expecting a reading of 52. Equities Trading UP Mobile Global Esports Inc. (NASDAQ: MGAM ) shares shot up 64% to $18.39 on post- IPO volatility following Friday''s IPO, which was priced at $4 per share. Shares of Virax Biolabs Group Limited (NASDAQ: VRAX ) got a boost, shooting 55% to $8.42 after declining 74% on Friday.
Why Stocks Are Trading Slightly Lower; U.S. Manufacturing PMI Slips
U.S. stocks traded slightly lower this morning, after recording gains in the previous session. Following the market opening Monday, the Dow traded down 0.28% to 32,752.14 while the NASDAQ fell 0.04% to 12,386.13. The SP also fell, dropping, 0.37% to 4,115.00. Also check this: Why Lottery.com Shares Are Trading Lower By 59%? 54 Stocks Moving In Friday''s Mid-Day Session Leading and Lagging Sectors Consumer discretionary shares climbed 1.5% on Monday. Meanwhile, top gainers in the sector included Grove Collaborative Holdings, Inc. (NYSE: GROV ), up 12% and Chico''s FAS, Inc. (NYSE: CHS ) up 7%. In trading on Monday, energy shares fell 3.2%. Top Headline The ISM manufacturing PMI fell to 52.8 in July from 53 in the previous month. However, analysts were expecting a reading of 52. Equities Trading UP Mobile Global Esports Inc. (NASDAQ: MGAM ) shares shot up 64% to $18.39 on post- IPO volatility following Friday''s IPO, which was priced at $4 per share. Shares of Virax Biolabs Group Limited (NASDAQ: VRAX ) got a boost, shooting 55% to $8.42 after declining 74% on Friday.