Toward the end of trading Monday, the Dow traded up 0.08 percent to 23,348.21 while the NASDAQ declined 0.13 percent to
6,620.28. The S&P also fell, dropping 0.04 percent to 2,574.25.
Leading and Lagging Sectors
Monday afternoon, the non-cyclical consumer goods & services shares surged 0.22 percent. Meanwhile, top gainers in the sector
included Petmed Express Inc (NASDAQ: PETS), up 20
percent, and Kroger Co (NYSE: KR), up 3 percent.
In trading on Monday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included
Shenandoah Telecommunications Company (NASDAQ: SHEN),
down 3 percent, and TIM Participacoes SA (ADR) (NYSE: TSU) down 2 percent.
Top Headline
Halliburton Company (NYSE: HAL) reported
stronger-than-expected profit for its third quarter on Monday.
Halliburton posted quarterly adjusted earnings of $0.42 per share on revenue of $5.44 billion. However, analysts expected
earnings of $0.37 per share on revenue of $5.35 billion.
Equities Trading UP
Petmed Express Inc (NASDAQ: PETS) shares shot up
20 percent to $43.90 as the company reported better-than-expected Q2 results.
Shares of Aimmune Therapeutics Inc (NASDAQ: AIMT)
got a boost, shooting up 35 percent to $34.73 in response to failed DBVT peanut allergy trial.
Exactech, Inc. (NASDAQ: EXAC) shares were also up,
gaining 31 percent to $41.88 after the company agreed to be acquired by TPG Capital for $42 per share in cash.
Equities Trading DOWN
DBV Technologies SA - ADR (NASDAQ: DBVT) shares
dropped 46 percent to $26.11 after the company disclosed that its peanut allergy trial failed to meet primary endpoint.
Shares of Connecture Inc (NASDAQ: CNXR) were down
37 percent to $0.307. Connecture reported that it will voluntarily delist from the NASDAQ for OTCQX Market.
Eldorado Gold Corp (USA) (NYSE: EGO) was down,
falling around 25 percent to $1.62 after the company issued an update on Kisladag operations. Eldorado Gold lowered its production
guidance for its Kisladag operation.
Commodities
In commodity news, oil traded up 0.01 percent to $51.84 while gold traded up 0.23 percent to $1,283.40.
Silver traded down 0.11 percent Monday to $17.06, while copper rose 0.63 percent to $3.1855.
Eurozone
European shares closed mostly higher today. The eurozone’s STOXX 600 climbed 0.16 percent, the Spanish Ibex Index fell 0.60
percent, while Italy’s FTSE MIB Index surged 0.14 percent. Meanwhile the German DAX gained 0.09 percent, and the French CAC 40
climbed 0.27 percent while U.K. shares rose 0.02 percent.
Economics
The Chicago Fed National Activity Index rose to a reading of +0.17 in September, compared to -0.37 in August.
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