Nasdaq Down 200 Points; Brady Earnings Top Views

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U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling around 200 points on Monday.

Following the market opening Monday, the Dow traded down 0.04% to 49,506.27 while the NASDAQ dipped 0.78% to 26,021.41. The S&P 500 also fell, dropping, 0.37% to 7,380.86.

Leading and Lagging Sectors

Energy shares jumped by 1.8% on Monday.

In trading on Monday, information technology stocks fell by 1.6%.

Top Headline

Brady Corporation (NYSE:BRC) reported upbeat first-quarter earnings on Monday before the market opened.

Brady reported adjusted earnings per share of $1.50, beating the consensus estimate of $1.34. In addition, it reported revenue of $435.23 million, beating the consensus estimate of $406.07 million, and representing a 13.8% increase year-over-year.

Equities Trading UP
           

  • Sunshine Biopharma Inc (NASDAQ:SBFM) shares shot up 349% to …

Full story available on Benzinga.com

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