Please use a PC Browser to access Register-Tadawul
Crude Oil Down 2%; Chanson International Shares Spike Higher
reAlpha Tech Corp AIRE | 0.66 | +2.41% |
Chanson International Holding CHSN | 0.31 | +9.15% |
China Pharma Holdings, Inc. CPHI | 1.50 | -4.06% |
Janover Inc. JNVR | 52.88 | -26.64% |
Newsmax Inc. Class B NMAX | 25.50 | -9.22% |
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 800 points on Monday.
The Dow traded down 2.14% to 37,494.77 while the NASDAQ dipped 1.24% to 15,393.88. The S&P 500 also fell, dropping, 1.59% to 4,993.52.
Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields
Leading and Lagging Sectors
Information technology shares surged by 4.7% on Monday.
In trading on Monday, consumer staples shares rose by just by 0.7%.
Top Headline
The Manheim Used Vehicle Value Index fell 0.7% month-over-month in March, matching the pace of decline in the previous month.
Equities Trading UP
- Janover Inc. (NASDAQ:JNVR) shares shot up 332% to $17.27. Janover raised $42 million in convertible notes and warrants from Pantera Capital, Kraken, Arrington Capital, and others.
- Shares of Newsmax, Inc. (NYSE:NMAX)got a boost, surging 16% to $52.31. Newsmax entered into standby equity purchase agreement for up to $1.2 billion with Yorkville Advisors.
- Chanson International Holding (NASDAQ:CHSN) shares were also up, gaining 70% to $0.3722 as the company reported a year-over-year increase in FY24 financial results.
Equities Trading DOWN
- TAL Education Group (NYSE:TAL) shares dropped 8% to $11.27. Shares of US-listed Chinese companies traded lower after President Trump last week imposed 34% tariffs on China. In retaliation, China imposed a 34% tariff on US goods.
- Shares of China Pharma Holdings, Inc. (NYSE:CPHI) were down 31% to $0.1532 as the company reported a 1-for-10 reverse stock split.
- reAlpha Tech Corp (NASDAQ:AIRE) was down, falling 42% to $0.6062 as the company announced exercise of warrants for $3.1 million gross proceeds.
Commodities
In commodity news, oil traded down 2.1% to $60.72 while gold traded down 0.6% at $3,017.70.
Silver traded up 3.2% to $30.150 on Monday, while copper fell 3.3% to $4.2565.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 3.99%, Germany's DAX 40 dipped 3.67% and France's CAC 40 fell 4.3%. Spain's IBEX 35 Index fell 4.62%, while London's FTSE 100 dipped 3.87%.
Asia Pacific Markets
Asian markets closed lower on Monday, with Japan's Nikkei 225 dipping 7.83%, China's Shanghai Composite falling 7.34%, Hong Kong's Gang Seng index dipping 13.22% and India's BSE Sensex falling 2.95%.
Economics
The Manheim Used Vehicle Value Index fell 0.7% month-over-month in March, matching the pace of decline in the previous month.
Now Read This:
- How To Earn $500 A Month From Walgreens Stock Ahead Of Q2 Earnings
Photo via Shutterstock