US stocks traded lower this morning with the Dow Jones falling more than 200 points on Wednesday.
After Wednesday’s market open, the Dow fell 0.73% to 30,095.06, while the NASDAQ fell 1.29% to 11,031.97. The S&P 500 was also down 0.98% to 3,753.81.
Leading and lagging sectors
Energy stocks rose 1.2% on Wednesday. lead the sector was power out NineEnergy Service, Inc. NINE and Alpine Summit Energy Partners, Inc. ALPS.
In Wednesday trading, utility shares fell 2.2%.
top heading
US private companies added 208k jobs in September versus a revised 185k in August. The last reading was above the market expectations of 200,000.
Stock trading UP
- Nauticus Robotics, Inc. PUTTY Shares rose 74% to $5.59 after the company announced it had won a second multi-million dollar contract from the US Defense Innovation Unit to develop an amphibious unmanned aerial vehicle system.
- shares of SHF Holdings, Inc. SHFS got a boost and shot up 46% to $7.37.
- Top Ships Inc. SHARPEN Shares were also higher, gaining 36% to $7.41. TOP Ships recently reported a 412% increase in net profit for the six months ended June 30th.
Stocks are trading down
- Avenue Therapeutics, Inc. ATXI Shares fell 35% to $9.41.
- shares of AeroClean Technologies, Inc. AERC fell 26% to $4.40. AeroClean Technologies shares rose 85% on Tuesday after the company and Molekule announced they had reached a definitive agreement to bring the companies together in an all-stock merger.
- Senti Biosciences, Inc. SNTI was down, falling 26% to $3.82 after surging over 105% on Tuesday. B of A Securities recently began coverage on the stock with a Buy rating and a $7 target price.
Also Watch: Dow Jumps Above 800 Points, Market Volatility Declines
raw materials
On commodities news, oil rose 0.4% to $86.85, while gold fell 0.7% to $1,718.00.
Silver traded…
