US Stocks Mixed; Home Prices Increase In March
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 100 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.25% to 38,970.85 while the NASDAQ rose 0.15% to 16,945.48. The S&P 500 also fell, dropping, 0.01% to 5,304.12.
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Leading and Lagging Sectors
Energy shares jumped by 1% on Tuesday.
In trading on Tuesday, health care shares fell by 0.9%.
Top Headline
The S&P CoreLogic Case-Shiller home price index rose by 7.4% year-over-year in March versus 7.3% in the previous month.
Equities Trading UP
- Sharps Technology, Inc. (NASDAQ:STSS) shares shot up 274% to $0.7977.
- Shares of Insmed Incorporated (NASDAQ:INSM) got a boost, surging 113% to $46.94.
- Pineapple Energy Inc. (NASDAQ:PEGY) shares were also up, gaining 90% to $0.3392.
Equities Trading DOWN
- Applied DNA Sciences, Inc. (NASDAQ:APDN) shares dropped 66% to $0.68 after the company reported the pricing of $12 million public offering.
- Shares of Marpai, Inc. (NASDAQ:MRAI) were down 52% to $0.9293.
- Innovative Eyewear, Inc. (NASDAQ:LUCY) was down, falling 44% to $0.5488.
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Commodities
In commodity news, oil traded up 1.4% to $78.78 while gold traded up 0.6% at $2,347.60.
Silver traded up 4.3% to $31.795 on Tuesday, while copper rose 1.5% to $4.8260.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.2%, Germany's DAX slipped 0.1% and France's CAC 40 declined 0.6%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 declined 0.3%.
German wholesale prices fell by 1.8% year-over-year in April compared to a revised 2.6% decline a month ago.
Asia Pacific Markets
Asian markets closed lower on Tuesday, with Japan's Nikkei falling 0.11%, China's Composite Index declining 0.46%, Hong Kong's Hang Seng Index falling 0.03% and India's S&P BSE Sensex falling 0.2%.
Producer prices in Malaysia rose by 1.9% year-over-year in April compared to a 1.6% increase in the earlier month.
Economics
- The S&P CoreLogic Case-Shiller home price index rose by 7.4% year-over-year in March versus 7.3% in the previous month.
- The FHFA house price index rose by 0.1% in March, compared to market expectations of a 0.5% gain.
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