US stocks traded mostly lower towards the end of trade, with the Nasdaq Composite falling over 100 points on Thursday.
The Dow fell 0.03% to 31,126.24, while the NASDAQ fell 0.94% to 11,608.98. The S&P 500 was also down 0.60% to 3,922.16.
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Leading and lagging sectors
Healthcare stocks rose 1.2% on Thursday. Meanwhile top winner in the sector included Annovis Bio, Inc. ANVSup to 13% and Smile Direct Club, Inc. SDC increased by 13%.
In Thursday trading, utility stocks fell 2%.
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US import prices fell 1.0% mom in August. US export prices fell 1.6% mom in August
Stock trading UP
- ZW Data Action Technologies Inc. CNET Shares shot up 34% to $0.8885. ZW Data Action Technologies announced the proposed acquisition of Henan Baodun.
- shares of NeuroBo Pharmaceuticals, Inc. NRBO received a boost, rising 41% to $23.78 after the company announced that Dong-A had secured its global exclusive development rights to DA-1241 for type 2 diabetes and nonalcoholic fatty hepatitis and DA-1726 for obesity and nonalcoholic fatty hepatitis has licensed NeuroBo.
- HeartBeam, Inc. HIT Shares were also higher, up 61% to $2.0087 after the company received its USPTO patent for a 12-lead electrocardiogram patch monitor for detecting acute coronary syndrome and cardiac arrhythmias.
Stocks are trading down
- IronNet, Inc. IRNT Shares fell 44% to $1.2250 after the company reported worse-than-expected Q2 EPS and sales results. The company also withdrew its FY23 guidance amid management changes, restructuring and underperformance in the current quarter.
- shares of Color Star Technology Co.,Ltd. CSCW fell 42% to $0.0680 after the company announced a registered direct offering of $5.6 million priced at $0.08 per unit.
- Eloxx Pharmaceuticals, Inc. ELOX was bearish, falling 42% to $0.2209 after the company…
