VERV - US Stocks Fall; Tyson Foods Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower this morning, with the Nasdaq Composite falling around 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.08% to 34,254.53 while the NASDAQ fell 0.72% to 13,698. The S&P 500 also fell, dropping, 0.43% to 4,396.18.
Check This Out: Top 4 Consumer Stocks That May Fall Off A Cliff In Q4
Leading and Lagging Sectors
Consumer staples shares surged by 0.2% on Monday.
In trading on Monday, real estate shares fell by 1.2%.
Top Headline
Tyson Foods, Inc. (NYSE: TSN) posted better-than-expected earnings for its fourth quarter.
Tyson Foods posted quarterly earnings of 37 cents per share, beating market estimates of 29 cents per share. The company’s quarterly sales came in $13.35 billion, versus expectations of $13.73 billion.
Tyson said it sees total company adjusted operating income of $1 billion to $1.5 billion in FY24.
Equities Trading UP
Tenax Therapeutics, Inc (NASDAQ: TENX) shares shot up 149% to $0.3887 after the company announced FDA clearance of IND for TNX-103 for the treatment of pulmonary hypertension with heart failure ...