RNLX - Gold Gains 1%; JOANN Shares Plummet | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.2% on Monday.
The Dow traded down 0.25% to 38,988.86 while the NASDAQ fell 0.18% to 16,245.30. The S&P 500 also fell, dropping, 0.06% to 5,134.05.
Check This Out: Top 4 Tech Stocks That May Implode This Month
Leading and Lagging Sectors
Utilities shares rose by 0.7% on Monday.
In trading on Monday, communication services shares fell by 1.6%.
Top Headline
Arkhouse Management Co. LP and Brigade Capital Management, LP have proposed a revised takeover bid for Macy’s Inc (NYSE: M) for $24.00 per share in cash.
The new proposal is being seen as an attempt to persuade the department store chain to reconsider their previous offer.
Equities Trading UP
BitFuFu Inc. (NASDAQ: FUFU) shares shot up 157% to $16.38 amid volatility following the company's recent business combination with Arisz Acquisition Corp and listing ...