U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.17% to 44,751.56 while the NASDAQ declined 0.66% to 20,464.62. The S&P 500 also fell, dropping, 0.39% to 6,255.16.
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Leading and Lagging Sectors
Industrials shares rose by 0.1% on Monday.
In trading on Monday, consumer discretionary stocks dipped by 1.2%.
Top Headline
Capgemini SE (OTC:CGEMY) announced Monday that it will acquire WNS Holdings Ltd. (NYSE:WNS) in a $3.3 billion all-cash deal to create a global leader in Agentic AI-powered Intelligent Operations.
The transaction, which offers $76.50 per WNS share, reflects a 17% premium over WNS' most recent closing price and has received unanimous approval from both companies' boards. Capgemini expects the deal to close by year-end, pending shareholder and court approvals.
Equities Trading UP
- Mustang Bio, Inc. (NASDAQ:MBIO) shares shot up 294% to $4.8420 after the company was granted FDA Orphan Drug Designation for MB-101 in astrocytomas and glioblastoma.
- Shares of Artelo Biosciences, Inc. (NASDAQ:ARTL) got a boost, surging 112% to $21.42 after the company announced preclinical efficacy with ART12.11 in a stress-induced depression model.
- LogProstyle Inc. (NYSE:LGPS) shares were also up, gaining 98% to $1.62 after the company reported a year-over-year increase in FY25 financial results.
Equities Trading DOWN
- Top KingWin Ltd (NASDAQ:WAI) shares dropped 78% to $0.79.
- Shares of Jasper Therapeutics, Inc. (NASDAQ:JSPR) were down 63% to $2.4950 after the company reported an 89% response rate in its Urticaria study and will halt the program.
- Blue Gold Limited (NASDAQ:BGL) was down, falling 40% to $65.14.
Commodities
In commodity news, oil traded down 0.1% to $66.93 while gold traded down 0.9% at $3,313.40.
Silver traded down 1.8% to $36.410 on Monday, while copper fell 2.2% to $5.0305.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 rose 0.3%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 slipped 0.1%, Germany's DAX 40 gained 0.8% and France's CAC 40 gained 0.2% during the session.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Japan's Nikkei falling 0.56%, Hong Kong's Hang Seng falling 0.12%, China's Shanghai Composite gaining 0.02% and India's BSE Sensex gaining 0.01%.
Economics
No major economic reports are scheduled for release today.
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