PHUN - Nasdaq Down Over 200 Points; US Retail Sales Increase 0.6% In December | Benzinga
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 200 points on Wednesday.
Following the market opening, the Dow traded down 0.26% to 37,264.12 while the NASDAQ fell 1.54% to 14,714.00. The S&P 500 also fell, dropping, 0.81% to 4,727.51.
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Leading and Lagging Sectors
Utilities shares rose by 0.1% on Wednesday.
In trading on Wednesday, communication services shares fell by 1.6%.
Top Headline
Retail sales in the US rose 0.6% month-over-month in December compared to a 0.3% increase in November.
Equities Trading UP
Airspan Networks Holdings Inc. (NASDAQ: MIMO) shares shot up 300% to $0.3072. Airspan announced a partnership with GCT Semiconductor to develop an RF module.
Shares of LQR House Inc. (NASDAQ: LQR) got a boost, surging 23% to $2.4900 after dipping 45% on Tuesday. LQR House announced an increase of its share buyback program to $5 million.
Atreca, Inc. (NASDAQ: BCEL) shares ...