RILY - Nasdaq Moves Higher; US New Home Sales Fall In October | Benzinga
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite moving higher on Monday.
The Dow traded down 0.23% to 35,310.40 while the NASDAQ rose 0.21% to 14,280.12. The S&P 500 also fell, dropping, 0.07% to 4,556.10.
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Leading and Lagging Sectors
Consumer discretionary shares rose by 0.5% on Monday.
In trading on Monday, energy shares fell by 0.7%.
Top Headline
U.S. new home sales declined by 5.6% to an annualized rate of 679,000 in October, compared to market estimates of 723,000.
Equities Trading UP
RedHill Biopharma Ltd. (NASDAQ: RDHL) shares shot up 166% to $0.8397 after the company announced the FDA has granted five years' market exclusivity for Talicia.
Shares of Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) got a boost, shooting 157% to $6.87 after the company announced it entered into agreements to acquire an exclusive worldwide license to ...