US stocks traded lower this morning with the Dow Jones falling more than 100 points on Friday.
After Friday’s market open, the Dow fell 0.37% to 29,927.92, while the NASDAQ fell 1.44% to 10,495.56. The S&P 500 was also down 0.98% to 3,634.00.
Also check this out: Market volatility decreases after US inflation data
Leading and lagging sectors
Healthcare stocks fell just 0.4% on Friday. lead the sector was power out Reata Pharmaceuticals, Inc. RETA and Valneva SE VALN.
In Friday trading, energy stocks fell 2.9%.
top heading
US retail was flat in September, missing market estimates for a 0.2% increase.
Stock trading UP
- Gravitas Education Holdings, Inc. GO Shares shot up 78% to $26.65.
- shares of Avenue Therapeutics, Inc. ATXI received a boost and shot up 43% to $3.4806. Avenue Therapeutics recently priced a supply of approximately 3.6 million units at $3.30 per unit.
- IMARA Inc. IMRA Shares were also higher, gaining 35% to $3.47 after the company announced a merger agreement with Enliven Therapeutics to combine the two companies in an all-stock transaction.
Stocks are trading down
- Bank of the First Republic FRC Shares fell 17% to $112.18 after the company reported mixed Q3 results.
- shares of ACM Research, Inc. ACMR declined 12% to $8.32. Shares of several companies in the broader technology sector traded lower on a rise in Treasury yields, which has weighed on growth stocks.
- Fathom Holdings Inc. FTHM fell 13% to $3.84.
Also Read: Why Otonomy Shares Plunged Roughly 54%; Here are yesterday’s 67 biggest movers
raw materials
On commodities news, oil traded 3.1% to $86.35 while gold fell 1.2% to $1,656.30.
Silver was down 2.7% on Friday at $18.415 while copper was down 0.3% at $3.4305.
euro zone
European stocks were higher today. The Eurozone’s STOXX 600 rose 0.7%, London’s FTSE 100 rose 0.4%, while Spain’s IBEX 35 index rose…
