US stocks traded lower this morning with the Dow Jones losing around 300 points on Friday.
After Friday’s market open, the Dow fell 0.98% to 30,659.18, while the NASDAQ fell 1.73% to 11,352.63. The S&P 500 was also down 1.31% to 3,850.34.
Also Check This: Market volatility increases when the Nasdaq falls 200 points
Leading and lagging sectors
Utilities shares were up 0.1% on Friday. Meanwhile top winner in the sector included Star group, LP HSEup to 2% and First Energy Corp. FE up 2%.
In Friday trading, industrial stocks fell 2.1%.
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University of Michigan consumer sentiment rose to a five-month high of 59.5 in September from 58.2 the previous month.
Stock trading UP
- Applied Optoelectronics, Inc. AAOI Shares rose 33% to $3.3282 after the company announced the sale of its Chinese manufacturing facilities to Yuhan Optoelectronic Technology for $150 million.
- shares of Alaunos Therapeutics, Inc. TCRT got a boost and rose 23% to $2.5908 after falling 38% on Thursday.
- JanOne Inc. Jan Shares were also higher, gaining 6% to $2.5014. The Company signed a term sheet to acquire Soin Therapeutics LLC and its product, a patent-pending novel formulation of low-dose naltrexone.
Stocks are trading down
- Foxo Technologies Inc. FOXO Shares fell 51% to $4.14.
- shares of Aditxt, Inc. ADTX fell 52% to $5.03 after the company announced a $20 million public offering of $6 per share. Dawson James has downgraded Aditxt to Neutral from Buy.
- Nabriva Therapeutics plc NBRV was down, falling 30% to $4.72 after the effect of the 1:25 stock split.
Also Read: Fear is Rising Among US Investors, Here’s Why
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On commodities news, oil traded up 0.8% to $85.74, while gold traded up 0.1% to $1,678.70.
Silver was up 0.1% on Friday at $19.265, while copper was up 0.6% at $3.5095.
euro zone
European stocks were lower today. The Eurozone’s STOXX 600 fell 1.4%, London’s FTSE 100 fell…
