SE - Dow Falls Over 100 Points; Sea Posts Upbeat Sales | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones index falling over 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.34% to 38,951.34 while the NASDAQ fell 0.13% to 16,253.77. The S&P 500 also fell, dropping, 0.12% to 5,131.69.
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Leading and Lagging Sectors
Industrials shares rose by 0.3% on Monday.
In trading on Monday, communication services shares fell by 1.3%.
Top Headline
Sea Limited (NYSE: SE) reported better-than-expected sales results for its fourth quarter on Monday.
Sea posted a quarterly loss of 19 cents per share, versus a year-ago profit of 72 cents per share. The company’s quarterly sales came in at $3.62 billion, topping market estimates of $3.53 billion.
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