US Stocks Mixed; Riskified Shares Dip After Q2 Results

U.S. stocks traded mixed this morning, with the S&P 500 falling slightly on Monday.

Following the market opening Monday, the Dow traded up 0.04% to 44,962.32 while the NASDAQ rose 0.02% to 21,626.69. The S&P 500 also fell, dropping, 0.03% to 6,448.06.

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Leading and Lagging Sectors

Information technology shares jumped by 0.3% on Monday.

In trading on Monday, energy stocks fell by 1.1%.

Top Headline

Shares of Riskified (NYSE:RSKD) fell 13% on Monday after the company reported second-quarter results.

The company reported quarterly earnings of 2 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $81.060 million which beat the analyst consensus estimate of $80.374 million.

Equities Trading UP
           

• Propanc Biopharma, Inc. (NASDAQ:PPCB) shares shot up 210% to $8.90 following uplisting to the Nasdaq.
• Shares of Aspire Biopharma Holdings, Inc. (NASDAQ:ASBP) got a boost, surging 72% to $0.6192 after the company announced positive top-line results from clinical trial of investigational new sublingual aspirin product for treatment of suspected acute myocardial infarction (heart attack).
• Catheter Precision, Inc. (NYSE:VTAK) shares were also up, gaining 31% to $3.83.

Equities Trading DOWN

• TPI Composites, Inc. (NASDAQ:TPIC) shares dropped 47% to $0.1237.
• Shares of Magnitude International Ltd (NASDAQ:MAGH) were down 17% to $1.23.
• Matinas BioPharma Holdings, Inc. (NYSE:MTNB) was down, falling 25% to $1.76.

Commodities

In commodity news, oil traded down 0.7% to $62.37 while gold traded up 0.1% at $3,385.00.

Silver traded up 0.5% to $38.175 on Monday, while copper fell 0.7% to $4.4630.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.1%, while Spain's IBEX 35 Index fell 0.5%. London's FTSE 100 fell 0.1%, Germany's DAX 40 declined 0.1% and France's CAC 40 fell 0.6% during the session.

Asia Pacific Markets

Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.77%, Hong Kong's Hang Seng falling 0.37%, China's Shanghai Composite gaining 0.85% and India's BSE Sensex gaining 0.84%.

Economics

The NAHB Housing Market Index will be released today.

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