People who work on the stock market are not very happy today. Some stocks are going up, but most are going down. This is because big companies like Procter & Gamble did not make as much money as people thought they would. When this happens, people get worried and sell their stocks, making the prices go down. In other parts of the world, like Europe and Asia, people are also not very happy with their stocks. But there are some good things happening too, like a company called Imunon doing very well in a study. This means that sometimes stocks can go up even when other stocks are going down. Read from source...
AI's summary:
- U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 1% on Tuesday.
- Financials shares jumped by 1.3% on Tuesday.
- Imunon shares shot up 159% after the company announced topline results from its Phase 2 OVATION 2 study with IMNN-001.
- QXO shares dropped 81% after the registration of two private placements with the U.S. Securities and Exchange Commission, which unlocked millions of shares and led to increased selling pressure.
- The Eurozone's STOXX 600 rose 0.62%, Germany's DAX gained 0.59% and France's CAC 40 climbed 0.53%. Spain's IBEX 35 Index rose 0.83%, while London's FTSE 100 fell 0.01%.
- The number of job openings came in at 8.184 million in June compared to a revised 8.23 million in May.
Neutral
Article's Topic: Markets/Stocks