TPHS - Crude Oil Gains Over 3%; US Manufacturing Activity Contracts For 14th Consecutive Month | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 150 points on Wednesday.
The Dow traded down 0.79% to 37,417.28 while the NASDAQ fell 1.01% to 14,616.58. The S&P 500 also fell, dropping, 0.78% to 4,705.94.
Check This Out: How To Earn $500 A Month From Apple Stock Following Tuesday's Slide
Leading and Lagging Sectors
Energy shares rose by 0.6% on Wednesday.
In trading on Wednesday, real estate shares fell by 2.2%.
Top Headline
The ISM Manufacturing PMI rose to 47.4 in December from 46.7 in the prior month, and topping than market estimates of 47.1. However, the recent reading signalled contraction in factory activity for the 14th month.
Equities Trading UP
Sidus Space, Inc. (NASDAQ: SIDU) shares shot up 77% to $12.31 after it secured a Tier 1 remote sensing license to include Panchromatic (PAN) and Shortwave Infrared (SWIR) imaging capabilities.
Shares of Trinity Place Holdings Inc. (NYSE: TPHS) got a boost, surging 58% to $0.1801. The company reported in 8K Filing, mortgage lender agreed to extend the mortgage loan forbearance period to Jan. 31, 2024.
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