VVPR - US Stocks Edge Lower; Private Employment Tops Views | Benzinga
U.S. stocks traded lower this morning, following the release of ADP jobs data on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.08% to 39,139.63 while the NASDAQ fell 0.27% to 16,197.58. The S&P 500 also fell, dropping, 0.02% to 5,204.61.
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Leading and Lagging Sectors
Health care shares jumped by 0.5% on Wednesday.
In trading on Wednesday, consumer staples shares fell by 0.5%.
Top Headline
Private businesses in the U.S. added 184,000 workers in March compared to a revised 155,000 gain in February, and topping market estimates of 148,000.
Equities Trading UP
Kintara Therapeutics, Inc. (NASDAQ: KTRA) shares shot up 114% to $0.2152 after the company entered a merger agreement with TuHURA Biosciences.
Shares of ARCA biopharma, Inc. (NASDAQ: ABIO) got a boost, surging 90% to $3.2550 after the company and Oruka Therapeutics announced a merger agreement.
VivoPower International PLC (NASDAQ: VVPR) shares were also up, gaining 55% to $9.14 after the company declared a capital management strategy including a stock ...