STSS - Dow Falls Over 100 Points; US Durable Goods Orders Increase In August | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones falling more than 100 points on Wednesday.
The Dow traded down 0.40% to 33,484.19 while the NASDAQ fell 0.12% to 13,047.47. The S&P 500 also fell, dropping, 0.21% to 4,264.72.
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Leading and Lagging Sectors
Energy shares rose by 1.9% on Wednesday.
In trading on Wednesday, utilities shares fell by 0.9%.
Top Headline
U.S. durable goods orders increased 0.2% month-over-month in August versus a revised 5.6% decline in July, and beating market expectations for a 0.5% fall.
Equities Trading UP
ShiftPixy, Inc. (NASDAQ: PIXY) shares shot up 162% to $1.1394. The company announced the effective date for its reverse stock split after the close. Shareholders voted to approve a reverse split on Aug. 21. After the closing bell on Tuesday, ShiftPixy said the one-for-twenty-four reverse split will take effect on Sept. 30.
Shares of SciSparc Ltd. (NASDAQ: SPRC) got a boost, shooting 93% to $0.3008. The company reported its previously announced 1-for-26 reverse share split is expected to be implemented after market close today.
MillerKnoll, Inc. (NASDAQ: MLKN) shares were also up, gaining 27% to $24.25 after the company announced better-than-expected first-quarter ...