SCNI - US Stocks Mixed; Dow Tumbles Over 100 Points | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.34% to 38,456.60 while the NASDAQ rose 0.11% to 17,707.96. The S&P 500 also fell, dropping, 0.12% to 5,425.29.
Check This Out: Top 4 Risk Off Stocks That May Rocket Higher In Q2
Leading and Lagging Sectors
Communication services shares jumped by 0.6% on Monday.
In trading on Monday, industrials shares fell by 1%.
Top Headline
The NY Empire State Manufacturing Index rose to -6 in June versus a reading of -15.6 in May and coming in better than market expectations of -12.50.
Equities Trading UP
- Mustang Bio, Inc. (NASDAQ:MBIO) shares shot up 205% to $0.3962 after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing an overall response rate of 90% with one patient remaining in complete remission at 31 months.
- Shares of Allego N.V. (NASDAQ:ALLG) got a boost, surging 129% to $1.68 after the company and its majority shareholder, Meridiam, announced a transaction framework agreement ...