Mid-Afternoon Market Update: Dow Falls 150 Points; Cognyte Software Shares Drop
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 150 points on Tuesday. The Dow traded down 0.45% to 34,764.86 while the NASDAQ fell 1.86% to 14,261.78. The SP also fell, dropping, 0.84% to 4,543.94. Also check this: Alphabet And 3 Other Stocks Sold By Insiders Leading and Lagging Sectors Real estate shares jumped by 1% on Tuesday. Meanwhile, top gainers in the sector included Nam Tai Property Inc. (NYSE: NTP ), up 19% and Altisource Portfolio Solutions S.A. (NYSE: ASPS ) up 4%. In trading on Tuesday, information technology shares fell 1.8%. Top Headline The ISM services PMI rose to 58.3 in March from 56.5 in the previous month. Analysts were also expecting a reading of 58.3. Equities Trading UP Sunshine Biopharma, Inc. (NASDAQ: SBFM ) shares shot up 142% to $5.48 after the company announced that two of its designed mRNA molecules are effective at destroying cancer cells grown in culture. Shares of System1, Inc. (NYSE: SST ) got a boost, shooting 29% to $21.28.
Mid-Afternoon Market Update: Dow Falls 150 Points; Cognyte Software Shares Drop
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 150 points on Tuesday. The Dow traded down 0.45% to 34,764.86 while the NASDAQ fell 1.86% to 14,261.78. The SP also fell, dropping, 0.84% to 4,543.94. Also check this: Alphabet And 3 Other Stocks Sold By Insiders Leading and Lagging Sectors Real estate shares jumped by 1% on Tuesday. Meanwhile, top gainers in the sector included Nam Tai Property Inc. (NYSE: NTP ), up 19% and Altisource Portfolio Solutions S.A. (NYSE: ASPS ) up 4%. In trading on Tuesday, information technology shares fell 1.8%. Top Headline The ISM services PMI rose to 58.3 in March from 56.5 in the previous month. Analysts were also expecting a reading of 58.3. Equities Trading UP Sunshine Biopharma, Inc. (NASDAQ: SBFM ) shares shot up 142% to $5.48 after the company announced that two of its designed mRNA molecules are effective at destroying cancer cells grown in culture. Shares of System1, Inc. (NYSE: SST ) got a boost, shooting 29% to $21.28.