TNON - Dow Falls 75 Points; US Small Business Optimism Drops In August | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones falling around 75 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.22% to 34,587.58 while the NASDAQ fell 0.21% to 13,888.42. The S&P 500, also fell, dropping, 0.27% to 4,475.46.
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Leading and Lagging Sectors
Energy shares jumped by 1.7% on Tuesday.
In trading on Tuesday, health care shares fell by 0.8%.
Top Headline
The NFIB Small Business Optimism Index fell to 91.3 in August from 91.9 in the previous month, down from market estimates of 91.6.
Equities Trading UP
Tenon Medical, Inc. (NASDAQ: TNON) shares shot up 95% to $0.2801 after the company announced it has withdrawn its proposed public offering of shares of its common stock.
Shares of Avalo Therapeutics, Inc. (NASDAQ: AVTX) got a boost, shooting 50% to $0.1277 after the company agreed to divest AVTX-800 series.
Aurora Cannabis Inc. (NASDAQ: ACB) shares were also up, gaining 24% to $1.1300.
Equities Trading DOWN
Acelyrin, Inc. (NASDAQ: SLRN) shares dropped 62% to $10.57 after ...