Chicago Fed National Activity Index Falls to -0.08 in July
The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity.
U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 150 points on Monday.
Following the market opening Monday, the Dow traded up 0.10% to 53,331.66 while the NASDAQ fell 0.63% to 26,014.67.
The S&P 500 also fell, dropping, 0.30% to 7,651.26.
Leading and Lagging Sectors Consumer staples shares jumped by 1.1% on Monday.
In trading on Monday, information technology stocks fell by 1.2%.
Top Headline The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity.
Equities Trading UP CID HoldCo Inc ( NASDAQ: DAIC ) shares shot up 196% to $1.26.
Shares of Expion360 Inc (NASDAQ: XPON ) got a boost, surging 133% to $7.99 after the company announced a $3.425 million acquisition of Eastern Louisiana Oil and Gas Exploration Prospect.
The company announced the company commenced a $9 million offering of 2.117 million shares at $4.25 per share.
Sadot Group Inc ( NASDAQ: SDOT ) shares were also up, gaining 70% to $22.45.
Equities Trading DOWN Flash Sports & Media Holdings, Inc. ( NASDAQ: FLZH ) shares dropped 71% to $0.28.
Shares of RF Acquisition Corp II ( NASDAQ: RFAI ) were down 29% to $41.10.
Shares of RF Acquisition Corp II shares jumped 356% on Friday following SEC filings detailing the results of an extraordinary general meeting.
Knorex Ltd (NYSE: KNRX ) was down, falling 24% to $0.39.
KNOREX announced its FY25 financial statement includes its going concern intention.
Commodities In commodity news, oil traded down 1.5% to $85.80 while gold traded up 1.1% at $4,731.30.
Silver traded up 0.1% to $69.565 on Monday, while copper rose 0.9% to $6.6435.
Euro zone European shares were mostly lower today.
The eurozone's STOXX 600 fell 0.1%, while Spain's IBEX 35 Index rose 0.4%, London's FTSE 100 slipped 0.1%, Germany's DAX declined 0.2%, while France's CAC 40 fell 0.4%.
Asia Pacific Markets Asian markets closed lower on Monday, with Japan's Nikkei 225 falling 0.74%, Hong Kong's Hang Seng index dipping 1.89%, China's Shanghai Composite declining 0.59% and India's BSE Sensex dropping 0.22%.
Economics The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity.
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