Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

US Stocks Mixed; Home Prices Increase In March

Published 28/05/2024, 15:05
© Reuters.  US Stocks Mixed; Home Prices Increase In March
UK100
-
US500
-
STOXX50
-
HK50
-
GC
-
HG
-
SI
-
IXIC
-
INSM
-
SUNE
-
SSEC
-
APDN
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 100 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.25% to 38,970.85 while the NASDAQ rose 0.15% to 16,945.48. The S&P 500 also fell, dropping, 0.01% to 5,304.12.

Check This Out: This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Leading and Lagging Sectors

Energy shares jumped by 1% on Tuesday.

In trading on Tuesday, health care shares fell by 0.9%.

Top Headline

The S&P CoreLogic Case-Shiller home price index rose by 7.4% year-over-year in March versus 7.3% in the previous month.

Equities Trading UP

  • Sharps Technology, Inc. (NASDAQ:STSS) shares shot up 274% to $0.7977.
  • Shares of Insmed Incorporated (NASDAQ:INSM) got a boost, surging 113% to $46.94.
  • Pineapple Energy Inc. (NASDAQ:PEGY) shares were also up, gaining 90% to $0.3392.
Equities Trading DOWN

  • Applied DNA Sciences, Inc. (NASDAQ:APDN) shares dropped 66% to $0.68 after the company reported the pricing of $12 million public offering.
  • Shares of Marpai, Inc. (NASDAQ:MRAI) were down 52% to $0.9293.
  • Innovative Eyewear, Inc. (NASDAQ:LUCY) was down, falling 44% to $0.5488.
Also Check This Out: Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains This Month

Commodities

In commodity news, oil traded up 1.4% to $78.78 while gold traded up 0.6% at $2,347.60.

Silver traded up 4.3% to $31.795 on Tuesday, while copper rose 1.5% to $4.8260.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.2%, Germany's DAX slipped 0.1% and France's CAC 40 declined 0.6%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 declined 0.3%.

German wholesale prices fell by 1.8% year-over-year in April compared to a revised 2.6% decline a month ago.

Asia Pacific Markets

Asian markets closed lower on Tuesday, with Japan's Nikkei falling 0.11%, China's Composite Index declining 0.46%, Hong Kong's Hang Seng Index falling 0.03% and India's S&P BSE Sensex falling 0.2%.

Producer prices in Malaysia rose by 1.9% year-over-year in April compared to a 1.6% increase in the earlier month.

Economics

  • The S&P CoreLogic Case-Shiller home price index rose by 7.4% year-over-year in March versus 7.3% in the previous month.
  • The FHFA house price index rose by 0.1% in March, compared to market expectations of a 0.5% gain.
Now Read This: How To Earn $500 A Month From Heico Stock Ahead Of Q2 Earnings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.