U.S. Stocks Edge Lower; NY Empire State Manufacturing Index Drops In August
U.S. stocks traded slightly lower this morning, with the Dow Jones dropping around 40 points on Monday. The Dow traded down 0.12% to 33,719.99 while the NASDAQ fell 0.28% to 13,011.21. The SP also fell, dropping, 0.30% to 4,267.13. Also check this: Market Volatility Decreases As SP 500 Notches Gains For 4th Straight Week Leading and Lagging Sectors Consumer staples shares climbed 0.7% on Monday. Meanwhile, top gainers in the sector included The Hershey Company (NYSE: HSY ), up 2% and Constellation Brands, Inc. (NYSE: STZ ) up 1.2%. In trading on Monday, energy shares fell by 3.8%. Top Headline The New York Empire State Manufacturing Index fell to -31.3 in August, notching the weakest reading since May 2020. Equities Trading UP Sunrise New Energy Co. Ltd. (NASDAQ: EPOW) shares shot up 143% to $5.01. Sunrise New Energy said that the company changed its name from Global Internet of the People, Inc. to Sunrise New Energy effective as of August 10, 2022. Shares of Viridian Therapeutics, Inc. (NASDAQ: VRDN ) got a boost, shooting 60% to $23.45 after the company …
U.S. Stocks Edge Lower; NY Empire State Manufacturing Index Drops In August
U.S. stocks traded slightly lower this morning, with the Dow Jones dropping around 40 points on Monday. The Dow traded down 0.12% to 33,719.99 while the NASDAQ fell 0.28% to 13,011.21. The SP also fell, dropping, 0.30% to 4,267.13. Also check this: Market Volatility Decreases As SP 500 Notches Gains For 4th Straight Week Leading and Lagging Sectors Consumer staples shares climbed 0.7% on Monday. Meanwhile, top gainers in the sector included The Hershey Company (NYSE: HSY ), up 2% and Constellation Brands, Inc. (NYSE: STZ ) up 1.2%. In trading on Monday, energy shares fell by 3.8%. Top Headline The New York Empire State Manufacturing Index fell to -31.3 in August, notching the weakest reading since May 2020. Equities Trading UP Sunrise New Energy Co. Ltd. (NASDAQ: EPOW) shares shot up 143% to $5.01. Sunrise New Energy said that the company changed its name from Global Internet of the People, Inc. to Sunrise New Energy effective as of August 10, 2022. Shares of Viridian Therapeutics, Inc. (NASDAQ: VRDN ) got a boost, shooting 60% to $23.45 after the company …