NEXI - Nasdaq Down Over 100 Points; Alaska Air To Acquire Hawaiian Airlines | Benzinga
U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.13% to 36,198.88 while the NASDAQ fell 0.96% to 14,167.63. The S&P 500 also fell, dropping, 0.56% to 4,569.05.
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Leading and Lagging Sectors
Consumer staples shares rose by 0.4% on Monday.
In trading on Monday, information technology shares fell by 1.7%.
Top Headline
Alaska Air Group Inc (NYSE: ALK) penned an acquisition deal with Hawaiian Holdings Inc (NASDAQ: HA) worth approximately $1.9 billion, including $0.9 billion of HA's net debt.
Equities Trading UP
EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT) shares shot up 212% to $20.64 after the company announced the Phase 2 DAVIO 2 trial of EYP-1901 in wet AMD achieved all primary and secondary endpoints.
Shares ...