US stocks traded lower in mid-trade, with the Nasdaq Composite falling over 100 points on Monday.

The Dow fell 0.26% to 33,659.21, while the NASDAQ fell 1.08% to 11,025.99. The S&P 500 was also down 0.50% to 3,945.32.

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Leading and lagging sectors

Shares in consumer staples rose 0.7% on Monday. lead the sector was power out Zevia PBC ZVIA and Vital Farms, Inc. VITL.

Energy was down 2.7% in Monday’s trading.

top heading

Walt Disney Co DIS replaced CEO Bob Chapek with Robert Iger, the company’s former chairman and CEO, who left the company late last year.

Stock trading UP

• Imago BioSciences, Inc. I GO Shares soared 105% to $35.60 after Merck announced it would acquire the company for $36 a share in cash.
• shares of GrafTech International Ltd. EAF got a boost, rising 28% to $5.39 after the company announced it could resume operations at its facility in Monterrey, Mexico.
• Freight Technologies, Inc. FRGT Shares were also higher, gaining 18% to $0.36 after the company announced third-quarter results.

Stocks are trading down

• Tuan Che Limited TC Shares fell 77% to $1.5579. Tuanche reported a price of $15 million for registered direct offers.
• shares of G Medical Innovations Holdings Ltd GMVD declined 27% to $3.85 after the company reported financial results for the first half of 2022 and issued a business update.
• Niu Technologies NIU was down, falling 14% to $3.04 after reporting weak quarterly earnings.

Also Read: Market Volatility Rises Slightly After S&P 500 Posts Weekly Loss

raw materials

On commodities news, oil traded 5.2% to $75.92, while gold fell 1.1% to $1,734.90.

Silver was trading up 1.3% on Monday at $20.735, while copper was down 1.9% at $3.5615.

euro zone

European stocks were mostly lower today. The euro zone’s STOXX 600 fell 0.06%, London’s FTSE 100 fell 0.12%, while Spain’s IBEX 35 index rose 0.75%. The German DAX fell…