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Nasdaq Tumbles 3%; Tyson Foods Earnings Top Views
U.S. stocks traded lower this morning, with the Dow Jones falling more than 2% on Monday.
The Dow traded down 2.18% to 38,872.06 while the NASDAQ fell 3.14% to 16,248.99. The S&P 500 also fell, dropping, 2.54% to 5,211.01.
Leading and Lagging SectorsReal estate shares fell by just 0.9% on Monday.
In trading on Monday, information technology shares dipped by 3.4%.
Top HeadlineTyson Foods, Inc. (NYSE:TSN) reported better-than-expected third-quarter earnings on Monday.
Quarterly adjusted earnings per share of 87 cents (+480%) beat the street view of 65 cents. Sales of $13.353 billion (+1.6%) beat the analyst consensus of $13.236 billion.
Equities Trading UP
MGO Global, Inc. (NASDAQ:MGOL) shares shot up 55% to $3.99 after gaining over 5% on Friday.
Shares ...