US stocks traded lower towards the end of trade, with the Nasdaq Composite falling about 175 points on Monday.
The Dow fell 0.59% to 33,777.39 while the NASDAQ fell 1.58% to 11,438.31. The S&P 500 was also down 1.03% to 4,028.82.
Look at that: 5 on-the-money stock picks for the past week from Benzinga’s most accurate analysts
Leading and lagging sectors
- Utilities shares rose 0.1% on Monday. Meanwhile top winner in the sector included DTE energy company DTEup to 1% and Center Point Energy, Inc. CNPincreased by 1%.
- In Monday trading, energy stocks fell 1.9%.
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The Dallas Federal Reserve manufacturing index rose 11.6 points to a reading of -8.4 in January.
Stock trading UP
- G Medical Innovations Holdings Ltd GMVD Shares rose 55% to $6.12 after the company announced that it had received notice of the issuance of a patent for vital signs sensors from the United States Patent and Trademark Office (USPTO).
- shares of Genius Group Limited GNS got a boost, soaring 55% to $6.12 after the company announced it would spin off its subsidiary Entrepreneur Resorts as a separate public company.
- Heart Test Laboratories, Inc. HSCS Shares were also higher, gaining 142% to $2.13 after Ascendant Capital began coverage of the stock with a buy rating and a price target of $3.30.
Stocks are trading down
- CN Energy Group. inc CNEY Shares fell 73% to $0.5814 after the company reported a $10 million price for an underwritten public offering.
- shares of Brera Holdings PLC Break fell 37% to $4.82. Brera announced its international strategy to simultaneously expand and license the Brera FC brand in Eastern Europe, Africa and South America through potential football team acquisitions and rebranding.
- FiscalNote Holdings, Inc. NOTE fell 26% to $3.76. FiscalNote on Friday announced the acquisition of geopolitical data and security intelligence company Dragonfly.
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