VERY - Nasdaq Down Over 200 Points; US Job Openings Rise In August | Benzinga
U.S. stocks extended losses midway through trading, with the Nasdaq Composite falling more than 200 points on Tuesday.
The Dow traded down 1.06% to 33,078.27 while the NASDAQ fell 1.60% to 13,094.83. The S&P 500 also fell, dropping, 1.27% to 4,233.76.
Check This Out: Vivani Medical And 3 Other Stocks Under $2 Insiders Are Buying
Leading and Lagging Sectors
Materials shares fell by just 0.1% on Tuesday.
In trading on Tuesday, consumer discretionary shares dipped by around 2%.
Top Headline
The number of job openings increased by 690,000 from the prior month to 9.61 million in August, compared to market estimates of 8.8 million.
Equities Trading UP
Vericity, Inc. (NASDAQ: VERY) shares shot up 87% to $11.06 after iA Financial Group announced it will acquire the company.
Shares of POINT Biopharma Global Inc. (NASDAQ: PNT) got a boost, shooting 85% to $12.39. Eli Lilly And Co (NYSE: LLY) agreed to acquire POINT Biopharma Global at $12.50 per share in cash, an aggregate of approximately $1.4 billion.
SciSparc Ltd. (NASDAQ: SPRC) shares were also up, gaining 33% to $4.8839 ...