financetom
Market
financetom
/
Market
/
Dow Falls Over 100 Points; US Pending Home Sales Rise In November
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dow Falls Over 100 Points; US Pending Home Sales Rise In November
Mar 10, 2026 11:26 PM

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Monday.

Following the market opening Monday, the Dow traded down 0.25% to 48,591.37 while the NASDAQ slipped 0.55% to 23,464.42. The S&P 500 also fell, dropping, 0.34% to 6,906.41.

Check This Out: Top 2 Risk Off Stocks That May Collapse In December

Leading and Lagging Sectors

Energy shares rose by 0.6% on Monday.

In trading on Monday, materials stocks fell by 1.1%.

Top Headline

U.S. pending home sales jumped by 3.3% month-over-month in November, following a revised 2.4% gain in October and topping market estimates of a 1% gain.

Equities Trading UP

           

CCSC Technology International Holdings Limited ( CCTG ) shares shot up 93% to $0.2516.

Shares of Brand Engagement Network, Inc. ( BNAI ) got a boost, surging 77% to $2.1200 after the company finalized a Vendor Services Project Agreement with a prominent global advertising agency.

Society Pass Incorporated ( SOPA ) shares were also up, gaining 58% to $2.88 after the company announced the launch of TMG Social.

Equities Trading DOWN

Mereo BioPharma Group plc ( MREO ) shares dropped 89% to $0.2436 after the company announced its Phase 3 ORBIT and COSMIC Studies for setrusumab in Osteogenesis Imperfecta did not achieve statistical significance against the primary endpoints of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates, respectively.

Shares of Ultragenyx Pharmaceutical Inc. ( RARE ) were down 41% to $20.10 after the company and its partner Mereo Biopharma ( MREO ) announced Phase 3 ORBIT and COSMIC studies of setrusumab in osteogenesis imperfecta did not achieve primary endpoints.

ECD Automotive Design, Inc. ( ECDA ) was down, falling 35% to $0.7521.

Commodities

In commodity news, oil traded up 2.5% to $58.13 while gold traded down 4.2% at $4,360.50.

Silver traded down 6.8% to $71.945 on Monday, while copper fell 4.6% to $5.5725.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 gained 0.1%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 rose 0.1%, Germany's DAX 40 fell 0.1% and France's CAC 40 rose 0.1% during the session.

Asia Pacific Markets

Asian markets closed mostly lower on Monday, with Japan's Nikkei 225 falling 0.44%, Hong Kong's Hang Seng Index falling 0.71%, China's Shanghai Composite rising 0.04% and India's BSE Sensex falling 0.41%.

Economics

U.S. pending home sales jumped by 3.3% month-over-month in November, following a revised 2.4% gain in October and topping market estimates of a 1% gain.

Now Read This:

How To Earn $500 A Month From Apogee Enterprises Stock (APOG) Ahead Of Q3 Earnings

Photo via Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-US stock futures muted as Trump's tax bill stokes debt concerns
US STOCKS-US stock futures muted as Trump's tax bill stokes debt concerns
May 26, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.12%, S&P 500 up 0.08%, Nasdaq up 0.18% May 22 (Reuters) - U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's...
US stock futures muted as Trump's tax bill stokes debt concerns
US stock futures muted as Trump's tax bill stokes debt concerns
May 26, 2025
(Reuters) -U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's tax and spending bill could sharply inflate the country's debt burden. If passed, the legislation that Trump nicknamed one big beautiful bill will add $3.8 trillion to the $36.2 trillion U.S. debt pile over the...
Japan's Nikkei closes at two-week low after heavy sell-off of US stocks, bonds
Japan's Nikkei closes at two-week low after heavy sell-off of US stocks, bonds
May 26, 2025
(Updates with closing prices) TOKYO, May 22 (Reuters) - Japan's Nikkei share average closed at a two-week low on Thursday, as investors turned risk-off after sharp declines on Wall Street and a spike in U.S. Treasury yields stoked worries about a flight from U.S. assets. The Nikkei fell 0.84% at 36,985.87, its lowest close since May 8. The broader Topix...
US stock futures muted as Trump's tax bill stokes debt concerns
US stock futures muted as Trump's tax bill stokes debt concerns
May 26, 2025
(Reuters) -U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's tax and spending bill could sharply inflate the country's debt burden. If passed, the legislation that Trump nicknamed one big beautiful bill will add $3.8 trillion to the $36.2 trillion U.S. debt pile over the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved