financetom
Market
financetom
/
Market
/
Nasdaq Dips 150 Points; US ISM Manufacturing PMI Rises In June
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nasdaq Dips 150 Points; US ISM Manufacturing PMI Rises In June
Jul 1, 2025 10:03 AM

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 150 points on Tuesday.

The Dow traded up 1.03% to 44,549.24 while the NASDAQ declined 0.76% to 20,215.20. The S&P 500 also fell, dropping, 0.12% to 6,197.21.

Check This Out: How To Earn $500 A Month From UniFirst Stock Ahead Of Q3 Earnings

Leading and Lagging Sectors

Health care shares jumped by 1.5% on Tuesday.

In trading on Tuesday, information technology stocks fell by 1%.

Top Headline

The ISM manufacturing PMI rose to 49 in June versus 48.5 in the previous month, compared to market estimates of 48.8.

Equities Trading UP

           

Atai Life Sciences N.V. ( ATAI ) shares shot up 19% to $2.6048 after the company announced it raised $50 million via a private placement.

Shares of Wolfspeed, Inc. ( WOLF ) got a boost, surging 116% to $0.8596 after the company initiated its pre-packaged restructuring process.

ClearOne, Inc. ( CLRO ) shares were also up, gaining 106% to $12.08. The company announced it will issue a one-time special stock dividend on July 18.

Equities Trading DOWN

Oragenics, Inc. ( OGEN ) shares dropped 57% to $1.6394 after the company announced a $20 million public offering of preferred stock and warrants.

Shares of Sonim Technologies, Inc ( SONM ) were down 47% to $0.6500 after the company announced the pricing of a $5.55 million offering of 7,400,000 shares at $0.75 per share.

Aeva Technologies, Inc. ( AEVA ) was down, falling 27% to $27.77.

Commodities

In commodity news, oil traded up 0.7% to $65.57 while gold traded up 1.4% at $3,353.90.

Silver traded up 0.8% to $36.475 on Tuesday, while copper rose 0.5% to $5.1065.

Euro zone

European shares were mostly lower today. The eurozone's STOXX 600 fell 0.21%, while Spain's IBEX 35 Index fell 0.03%. London's FTSE 100 rose 0.28%, Germany's DAX 40 declined 0.99% and France's CAC 40 slipped 0.04% during the session.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei dipping 1.24%, China's Shanghai Composite gaining 0.39% and India's BSE Sensex gaining 0.11%.

Economics

The S&P Global manufacturing PMI climbed to 52.9 in June compared to 52 in the previous month, and initial market estimates of 51.

The number of job quits increased by 78,000 to 3.293 million in May compared to the revised 3.215 million in the previous month.

The number of job openings climbed by 374,000 to 7.769 million in May.

The ISM manufacturing PMI rose to 49 in June versus 48.5 in the previous month, compared to market estimates of 48.8.

The RealClearMarkets/TIPP Economic Optimism Index fell to 48.6 in July compared to 49.2 in the previous month.

U.S. construction spending declined by 0.3% month-over-month to an annual rate of $2,138 billion in May.

Now Read This:

Cramer Backs This Mining Giant After $1.6B Bet

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-Wall St poised for higher open after July inflation data
US STOCKS-Wall St poised for higher open after July inflation data
Aug 12, 2025
* Futures up: Dow 0.61%, S&P 500 0.61%, Nasdaq 0.70% * US consumer prices increase moderately in July * Intel ( INTC ) climbs after CEO meets Trump * HanesBrands ( HBI ) jumps after report of Gildan's acquisition bid (Updates before markets open) By Johann M Cherian and Sanchayaita Roy Aug 12 (Reuters) - Wall Street's main indexes were...
Sector Update: Tech
Sector Update: Tech
Aug 12, 2025
09:03 AM EDT, 08/12/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the iShares Expanded Tech Sector ETF (IGM) 0.6% lower recently. Intel ( INTC ) Chief Executive Officer Lip-Bu Tan met with President Donald Trump, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, Trump...
Sector Update: Financial
Sector Update: Financial
Aug 12, 2025
09:07 AM EDT, 08/12/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Tuesday, with the Financial Select Sector SPDR Fund (XLF) up 0.5%. The Direxion Daily Financial Bull 3X Shares (FAS) was 1.6% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.6%. eToro Group ( ETOR ) shares were up 4.5% after the...
Traders Digest July Consumer Inflation Report as US Equity Futures Gain Pre-Bell
Traders Digest July Consumer Inflation Report as US Equity Futures Gain Pre-Bell
Aug 12, 2025
09:06 AM EDT, 08/12/2025 (MT Newswires) -- US equity futures turned higher ahead of Tuesday's opening bell as traders digested the key July consumer inflation report. Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.7% higher. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.6%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved