TCBP - US Stocks Down; Dow Falls 100 Points | Benzinga
U.S. stocks traded lower this morning, with the Dow Jones index dipping around 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.27% to 38,618.51 while the NASDAQ fell 0.16% to 16,058.93. The S&P 500 also fell, dropping, 0.24% to 5,111.38.
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Leading and Lagging Sectors
Materials shares jumped by 0.6% on Monday.
In trading on Monday, information technology shares fell by 0.9%.
Top Headline
Eltek Ltd. (NASDAQ: ELTK) posted downbeat earnings for its fourth quarter on Monday.
Eltek posted quarterly earnings of 22 cents per share, missing market estimates of 31 cents per share.
Equities Trading UP
Kidpik Corp. (NASDAQ: PIK) shares shot up 254% to $9.57. Kidpik recently announced a 1-for 5 reverse stock split.