SXTC - Dow Down 100 Points; US Manufacturing PMI Falls In December | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.28% to 37,584.41 while the NASDAQ fell 1.35% to 14,808.88. The S&P 500 also fell, dropping, 0.72% to 4,735.41.
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Leading and Lagging Sectors
Energy shares rose by 1.1% on Tuesday.
In trading on Tuesday, information technology shares fell by 1.8%.
Top Headline
The S&P Global manufacturing PMI was revised lower to 47.9 in December versus a preliminary level of 48.2, and versus November’s level of 49.4.
Equities Trading UP
Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) shares shot up 198% to $17.95 after the company announced topline data from the PACIFIC Study evaluating bexicaserin in patients with Developmental and Epileptic Encephalopathies.
Shares of Cue Health Inc. (NASDAQ: HLTH) got a boost, surging 42% to $0.2301 after falling 42% on Friday.
Soligenix, Inc. (NASDAQ: SNGX) shares were also up, gaining ...