SINT - Crude Oil Moves Higher; US New Home Sales Fall In February | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Monday.
The Dow traded down 0.22% to 39,389.17 while the NASDAQ fell 0.15% to 16,410.10. The S&P 500 also fell, dropping, 0.16% to 5,226.01.
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Leading and Lagging Sectors
Energy shares jumped by 1% on Monday.
In trading on Monday, communication services shares fell by 0.5%.
Top Headline
Sales of new single-family houses in the U.S. fell by 0.3% from the prior month to an annualized rate of 662,000 in February, compared to market estimates of 675,000.
Equities Trading UP
Landos Biopharma, Inc. (NASDAQ: LABP) shares shot up 170% to $21.62. AbbVie Inc. (NYSE: ABBV) and Landos Biopharma, reported a definitive agreement under which AbbVie will acquire Landos.
Shares of Nkarta, Inc. (NASDAQ: NKTX) got a boost, surging 24% to $11.04 after the company priced $240 million ...