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Dow Dips 150 Points; Laser Photonics Shares Spike Higher
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 150 points on Tuesday.
The Dow traded down 0.39% to 38,742.12 while the NASDAQ fell 0.16% to 16,227.77. The S&P 500 also fell, dropping, 0.29% to 5,187.10.
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Leading and Lagging Sectors
Real estate shares jumped by 0.3% on Tuesday.
In trading on Tuesday, financial shares fell by 1.2%.
Top Headline
The NFIB Small Business Optimism Index declined for a third straight month to a reading of 88.5 in March, compared to market estimates of 90.2.
Equities Trading UP
Laser Photonics Corporation (NASDAQ: LASE) shares shot up 139% to $3.4239 after the company announced it secured an order for its LaserTower COMPACT marking and engraving system from L3Harris Technologies.
Shares of Acrivon Therapeutics, Inc. (NASDAQ: ACRV) got a boost, surging 69% to $10.00. The company announced a $130 million private placement financing.
Biophytis S.A. ...