MMV - Dow Falls Over 150 Points; Sohu Posts Q1 Loss | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 150 points on Monday.
The Dow traded down 0.43% to 39,831.18 while the NASDAQ rose 0.53% to 16,775.01. The S&P 500 also rose, gaining, 0.09% to 5,307.88.
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Information technology shares rose by 1.3% on Monday.
In trading on Monday, financial shares fell by 0.7%.
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Shares of Sohu.com Limited (NASDAQ:SOHU) edged higher on Monday after the company reported its results for the fiscal first quarter of 2024.
Sohu.com reported a revenue decline of 14% year-over-year to $139.4 million for the fiscal first quarter of 2024. Revenue was down by 1% Q/Q. The Chinese internet company’s adjusted loss per ADS was 65 cents, missing the analyst consensus loss estimate of 49 cents.
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