financetom
World
financetom
/
World
/
Crude Oil Down 2%; Chanson International Shares Spike Higher
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Crude Oil Down 2%; Chanson International Shares Spike Higher
Apr 7, 2025 9:39 AM

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 800 points on Monday.

The Dow traded down 2.14% to 37,494.77 while the NASDAQ dipped 1.24% to 15,393.88. The S&P 500 also fell, dropping, 1.59% to 4,993.52.

Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields

Leading and Lagging Sectors

Information technology shares surged by 4.7% on Monday.

In trading on Monday, consumer staples shares rose by just by 0.7%.

Top Headline

The Manheim Used Vehicle Value Index fell 0.7% month-over-month in March, matching the pace of decline in the previous month.

Equities Trading UP

                       

Janover Inc. ( JNVR ) shares shot up 332% to $17.27. Janover ( JNVR ) raised $42 million in convertible notes and warrants from Pantera Capital, Kraken, Arrington Capital, and others.

Shares of Newsmax, Inc. ( NMAX ) got a boost, surging 16% to $52.31. Newsmax ( NMAX ) entered into standby equity purchase agreement for up to $1.2 billion with Yorkville Advisors.

Chanson International Holding ( CHSN ) shares were also up, gaining 70% to $0.3722 as the company reported a year-over-year increase in FY24 financial results.

Equities Trading DOWN

TAL Education Group ( TAL ) shares dropped 8% to $11.27. Shares of US-listed Chinese companies traded lower after President Trump last week imposed 34% tariffs on China. In retaliation, China imposed a 34% tariff on US goods.

Shares of China Pharma Holdings, Inc. ( CPHI ) were down 31% to $0.1532 as the company reported a 1-for-10 reverse stock split.

reAlpha Tech Corp ( AIRE ) was down, falling 42% to $0.6062 as the company announced exercise of warrants for $3.1 million gross proceeds.

Commodities

In commodity news, oil traded down 2.1% to $60.72 while gold traded down 0.6% at $3,017.70.

Silver traded up 3.2% to $30.150 on Monday, while copper fell 3.3% to $4.2565.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 3.99%, Germany's DAX 40 dipped 3.67% and France's CAC 40 fell 4.3%. Spain's IBEX 35 Index fell 4.62%, while London's FTSE 100 dipped 3.87%.

Asia Pacific Markets

Asian markets closed lower on Monday, with Japan's Nikkei 225 dipping 7.83%, China's Shanghai Composite falling 7.34%, Hong Kong's Gang Seng index dipping 13.22% and India's BSE Sensex falling 2.95%.

Economics

The Manheim Used Vehicle Value Index fell 0.7% month-over-month in March, matching the pace of decline in the previous month.

Now Read This:

How To Earn $500 A Month From Walgreens Stock Ahead Of Q2 Earnings

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 >
Japanese yen rallies, bond yields climb after BOJ hikes rates
Japanese yen rallies, bond yields climb after BOJ hikes rates
Jan 23, 2025
(Updates prices after Japan equity market close) By Kevin Buckland TOKYO, Jan 24 (Reuters) - The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised its inflation forecasts, reinforcing views it will push rates up again. Japan's Nikkei share average shed early gains...
GLOBAL MARKETS-Trump's comments on tariffs, rates spark share rally
GLOBAL MARKETS-Trump's comments on tariffs, rates spark share rally
Jan 23, 2025
(Updates to Asia mid-afternoon, adds European futures) * Dollar set for worst weekly loss in two months * Chinese stocks get a boost from Trump comments * Yen volatile after expected rate hike from BOJ * Focus on BOJ Gov Ueda briefing By Ankur Banerjee SINGAPORE, Jan 24 (Reuters) - Global shares rose on Friday buoyed by the prospect of...
Analysis-Dividend surge signals culture shift in China's markets
Analysis-Dividend surge signals culture shift in China's markets
Jan 24, 2025
HONG KONG/SINGAPORE (Reuters) - New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their shares and pay record dividends to investors lying in wait for a so-far evasive rebound. Investors say the record spree of share buybacks and dividend payouts mark a cultural shift in the market, turning the spotlight...
Euro zone government bond yields edge lower before PMI data
Euro zone government bond yields edge lower before PMI data
Jan 23, 2025
Jan 24 (Reuters) - Euro zone government bond yields edged down on Friday as investors await Purchasing Managers Index data later in the session, which could affect expectations for the European Central Bank's policy path. Benchmark German Bund yields were on track to end the week roughly unchanged after showing a muted reaction to remarks on tariffs by U.S. President...
Copyright 2023-2025 - www.financetom.com All Rights Reserved