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US Stocks Mixed; Dow Rises Over 100 Points - ACM Research (NASDAQ:ACMR)

www.benzinga.com · 1376d ago Read original ↗

U.S. stocks traded mixed this morning, with the Dow Jones gaining more than 100 points on Monday. Following the market opening Monday, the Dow traded up 0.40% to 29,412.57 while the NASDAQ fell 0.40% to 10,609.77. The S&P 500 also rose, gaining, 0.03% to 3,640.58.

Also check this: Market Volatility Increases Following Release Of US Jobs Report Leading and Lagging Sectors Industrials shares jumped by 1.2% on Monday. Leading the sector was strength from NeoVolta Inc. (NASDAQ:NEOV) and CECO Environmental Corp.

(NASDAQ:CECE). In trading on Monday, information technology shares fell by 1%. Top Headline The FDA has approved scPharmaceuticals Inc's (NASDAQ:SCPH) Furoscix (furosemide injection), a proprietary formulation of furosemide delivered via an On-Body Infusor for congestion due to fluid overload in heart failure patients.

Equities Trading UP SOBR Safe, Inc. (NASDAQ:SOBR) shares shot up 43% to $3.5705 after the company announced a relationship with a distributor with ties to air, rail and shipping industries. Shares of Immunic, Inc.

(NASDAQ:IMUX) got a boost, shooting 36% to $5.39 after the company announced $60 million oversubscribed private placement equity financing. M-tron Industries, Inc. (NYSE:MPTI) shares were also up, gaining 10% to $16.72 after surging 10% on Friday.

M-tron Industries completed its earlier announced separation from The LGL Group, Inc. Equities Trading DOWN ACM Research, Inc. (NASDAQ:ACMR) shares tumbled 22% to $9.54 amid new US regulation tightening semiconductor exports to China.

Shares of Innovative Eyewear, Inc. (NASDAQ:LUCY) were down 21% to $2.09 after jumping 61% on Friday. The company recently released its October investor presentation.

Five9, Inc. (NASDAQ:FIVN) was down, falling 17% to $64.20 after the company's CEO resigned and accepted a position at a pre-IPO company. Also check out: Why NVIDIA, Microsoft And Amazon Shares Traded Lower; Here Are 73 Biggest Movers From Friday Commodities In commodity news, oil traded up 0.6% to $93.22, while gold traded down 1.7% at $1,681.10.

Silver traded down 2.6% to $19.735 on Monday while copper rose 1.8% to $3.4475. Euro zone European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.1%, London’s FTSE 100 rose 0.1% while Spain’s IBEX 35 Index fell 0.3%.

The German DAX gained 0.6%, French CAC 40 fell 0.1% and Italy’s FTSE MIB Index rose 0.1%. Economics There were no major US economic releases Monday Check out this: Ethereum Remains Above $1,300, Here Are Other Crypto Movers That Should Be On Your Radar Today COVID-19 Update The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 98,555,070 cases with around 1,087,880 deaths. India confirmed a total of at least 44,614,430 cases and 528,810 deaths, while France reported over 35,866,250 COVID-19 cases with 155,420 deaths.

In total, there were at least 626,737,670 cases of COVID-19 worldwide with more than 6,561,270 deaths.

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