U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.31% to 44,798.24 while the NASDAQ fell 0.20% to 21,131.47. The S&P 500 also fell, dropping, 0.25% to 6,379.53.
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Leading and Lagging Sectors
Health care shares jumped by 0.2% on Thursday.
In trading on Thursday, consumer staples stocks fell by 1.2%.
Top Headline
U.S. initial jobless rose by 11,000 from the previous week to 235,000 in the second week of August, compared to market estimates of 225,000.
Equities Trading UP
- Aptorum Group Limited (NASDAQ:APM) shares shot up 180% to $3.5601 after the company announced that New York State’s Department of Health has approved the DiamiR APOE genotyping test.
- Shares of Protagenic Therapeutics, Inc. (NASDAQ:PTIX) got a boost, surging 109% to $4.78 after the company announced it has completed the first dose injections in its Phase 1 multiple-dose study of PT00114.
- Aethlon Medical, Inc. (NASDAQ:AEMD) shares were also up, gaining 43% to $1.5911. Aethlon Medical filed for offering of common stock and accompanying warrants.
Equities Trading DOWN
- ModivCare Inc. (NASDAQ:MODV) shares dropped 59% to $0.7550. Modivcare filed voluntary Chapter 11 to implement restructuring support agreement backed by more than 90% of first lien lenders and 70% of second lien lender.
- Shares of Real Messenger Corporation (NASDAQ:RMSG) were down 55% to $2.3450.
- Star Fashion Culture Holdings Limited (NASDAQ:STFS) was down, falling 54% to $0.2002 after dipping 79% on Wednesday.
Commodities
In commodity news, oil traded down 0.3% to $63.02 while gold traded down 0.1% at $3,387.00.
Silver traded up 0.9% to $ 38.095 on Thursday, while copper fell 0.1% to $4.4345.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 slipped 0.1%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 rose 0.2%, Germany's DAX 40 gained 0.1% and France's CAC 40 fell 0.5% during the session.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei 225 falling 0.65%, Hong Kong's Hang Seng falling 0.24%, China's Shanghai Composite gaining 0.13% and India's BSE Sensex gaining 0.17%.
Economics
- U.S. initial jobless rose by 11,000 from the previous week to 235,000 in the second week of August, compared to market estimates of 225,000.
- U.S. existing home sales climbed by 2% from the previous month to an annualized rate of 4.01 million in July.
- The S&P Global services PMI fell to 55.4 in August from 55.7 in the previous month.
- The S&P Global manufacturing PMI climbed to 53.3 in August versus 49.8 in July.
- The Philadelphia Fed Manufacturing Index fell to -0.3 in August compared to 15.9 in the previous month.
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