IOVA - Crude Oil Falls Over 1%; First Wave BioPharma Shares Spike Higher | Benzinga
U.S. stocks traded mixed toward the end of trading, with the S&P 500 and Nasdaq Composite moving lower on Wednesday.
The Dow traded up 0.05% to 37,564.54 while the NASDAQ fell 0.04% to 15,069.30. The S&P 500 also fell, dropping, 0.08% to 4,771.01.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 0.4% on Wednesday.
In trading on Wednesday, energy shares fell by 0.2%.
Top Headline
The Manufacturing Activity Index in the Richmond area fell to -11 in December, recording the lowest reading in ten months and versus a reading of -5 in the prior month.
Equities Trading UP
First Wave BioPharma, Inc. (NASDAQ: FWBI) shares shot up 70% to $6.27 after the company announced that it entered a non-binding term sheet to sell its Niclosamide program for the treatment of inflammatory bowel diseases.
Shares of Cytokinetics, Incorporated (NASDAQ: CYTK) got a boost, surging 78% to $81.40 after the company ...