Dow Falls Over 150 Points; Tyson Foods Posts Upbeat Earnings

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U.S. stocks traded lower this morning, with the Dow Jones index falling more than 150 points on Monday.

Following the market opening Monday, the Dow traded down 0.36% to 49,321.96 while the NASDAQ slipped 0.02% to 25,109.76. The S&P 500 also fell, dropping, 0.09% to 7,223.30.

Leading and Lagging Sectors

Consumer discretionary shares jumped by 0.4% on Monday.

In trading on Monday, energy stocks fell by 1%.

Top Headline

Tyson Foods (NYSE:TSN) posted better-than-expected earnings for the second quarter on Monday.

The company posted adjusted EPS of 87 cents, beating market estimates of 78 cents. The company’s sales came in at $13.653 billion versus expectations of $13.611 billion.

Equities Trading UP
           

  • CNS Pharmaceuticals Inc (NASDAQ:CNSP) shares shot up 319% to $9.69 after the company announced a $22.5 million private placement of 650,000 shares at $2.30 …

Full story available on Benzinga.com

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