INAB - Gold Gains 1%; US Consumer Sentiment Falls In June | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Friday.
The Dow traded down 0.63% to 38,403.11 while the NASDAQ fell 0.07% to 17,655.10. The S&P 500 also fell, dropping, 0.37% to 5,413.41 .
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Leading and Lagging Sectors
Communication services shares jumped by 0.4% on Friday.
In trading on Friday, industrials shares fell by 2.1%.
Top Headline
The University of Michigan consumer sentiment declined for a third consecutive month to a reading of 65.6 in June, notching the lowest level since November, compared to 69.1 in May and down from market estimates of 72.
Equities Trading UP
- Disc Medicine, Inc. (NASDAQ:IRON) shares shot up 20% to $46.85. Disc Medicine announced a $178 million underwritten offering of 4.944 million shares at $36 per share.
- Shares of SRIVARU Holding Limited (NASDAQ:SVMH) got a boost, surging 120% to $0.3364 after the company announced it will begin accepting paid reservations and bookings for its flagship product, the PRANA 2.0, on June 16th.
- FOXO Technologies Inc. (NASDAQ:FOXO) ...