TCON - US Stocks Down; Chicago Fed National Activity Index Falls In October | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 80 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.25% to 35,062.20 while the NASDAQ fell 0.54% to 14,209.12. The S&P 500 also fell, dropping, 0.31% to 4,533.28.
Check This Out: CrowdStrike To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Tuesday
Leading and Lagging Sectors
Materials shares surged by 0.5% on Tuesday.
In trading on Tuesday, energy shares fell by 1%.
Top Headline
The Chicago Fed National Activity Index declined to -0.49 in October, recording the lowest reading in seven months, versus a reading of -0.02 in September.
Equities Trading UP
Anghami Inc. (NASDAQ: ANGH) shares shot up 44% to $2.28. OSN Group announced up to $50 million cash investment in Anghami.
Shares of TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) got a boost, shooting 27% to $0.22. TRACON Pharmaceuticals recently announced license of ...