Nasdaq Down 50 Points; ISM Services PMI Declines In July - Ameresco (NYSE:AMRC), Agilon Health (NYSE:AGL)

Benzinga
Open on Benzinga
Nasdaq Down 50 Points; ISM Services PMI Declines In July - Ameresco (NYSE:AMRC), Agilon Health (NYSE:AGL)

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 50 points on Tuesday.

The Dow traded up 0.12% to 44,228.65 while the NASDAQ declined 0.24% to 21,003.87. The S&P 500 also fell, dropping, 0.15% to 6,320.30.

Check This Out: This Block Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Leading and Lagging Sectors

Consumer staples shares jumped by 0.4% on Tuesday.

In trading on Tuesday, information technology stocks fell by 1.1%.

Top Headline

The ISM services PMI declined to 50.1 in July from 50.8 in the previous month, compared to estimates of 51.5.

Equities Trading UP
           

SolarMax Technology, Inc. SMXT shares shot up 104% to $1.9052 after the company announced a $127 million engineering, procurement, and construction agreement. Shares of Y-mAbs Therapeutics, Inc. YMAB got a boost, surging 103% to $8.52 after the company announced it will be acquired for approximately $412 million following a merger agreement with Serb Pharmaceuticals. Ameresco, Inc. AMRC shares were also up, gaining 36% to $22.75 after the company reported better-than-expected quarterly financial results.

Equities Trading DOWN

agilon health, inc. AGL shares dropped 52% to $0.8634 after the company withdrew its guidance and announced several senior leadership changes. Shares of Inspire Medical Systems, Inc. INSP were down 41% to $76.26 after the company reported worse-than-expected second-quarter GAAP EPS results and cut its FY25 guidance below estimates. Multiple analysts downgraded the stock following the report. Ichor Holdings, Ltd. ICHR was down, falling 30% to $14.00 after the company reported worse-than-expected second-quarter adjusted EPS results and issued third-quarter adjusted EPS guidance below estimates. Trending Investment Opportunities Advertisement Arrived Buy shares of homes and vacation rentals for as little as $100. Get Started WiserAdvisor Get matched with a trusted, local financial advisor for free. Get Started Point.com Tap into your home's equity to consolidate debt or fund a renovation. Get Started Robinhood Move your 401k to Robinhood and get a 3% match on deposits. Get Started

Commodities

In commodity news, oil traded down 1% to $65.66 while gold traded up 0.4% at $3,438.60.

Silver traded up 1.5% to $37.900 on Monday, while copper fell 0.9% to $4.3965.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 rose 0.26%, while Spain's IBEX 35 Index slipped 0.01%. London's FTSE 100 rose 0.21%, Germany's DAX 40 gained 0.50% and France's CAC 40 slipped 0.01% during the session.

Asia Pacific Markets

Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 0.64%, Hong Kong's Hang Seng gaining 0.68%, China's Shanghai Composite gaining 0.96% and India's BSE Sensex falling 0.38%.

Economics

The S&P Global US Services PMI increased to 55.7 in July from 52.9 in the previous month. The US trade deficit shrank to $60.2 billion in June versus a revised $71.7 billion gap in the previous month and versus estimates of a $61.6 billion shortfall. The RealClearMarkets/TIPP Economic Optimism Index climbed to 50.9 in August from 48.6 in the previous month. The ISM Services PMI declined to 50.1 in July from 50.8 in the previous month, compared to estimates of 51.5.

Now Read This:

Wall Street’s Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 3% Dividend Yields

Photo via Shutterstock

Loading... Loading... AGL Agilon Health Inc $0.8822 -51.4%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum 4.47 Growth 13.58 Quality N/A Value 79.97
Price Trend
Short Medium Long Overview AMRC Ameresco Inc $24.44 46.4% ICHR Ichor Holdings Ltd $14.15 -29.7% INSP Inspire Medical Systems Inc $75.50 -41.9% SMXT SolarMax Technology Inc $1.67 79.0% YMAB Y-mAbs Therapeutics Inc $8.53 103.5% Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Earnings Analyst Ratings Options Dividends IPOs
Date ▲ ▼ ticker ▲ ▼ name ▲ ▼ Actual EPS ▲ ▼ EPS Surprise ▲ ▼ Actual Rev ▲ ▼ Rev Surprise ▲ ▼
Click to see more Earnings updates

Earnings Calendar

Never Miss Important Catalysts

Sort by estimates, projected upside, profit surprises, and more to easily find new stocks to invest in or check up on your portfolio.

Click to Join
Posted In: Earnings Equities News Eurozone Commodities Intraday Update Markets Trading Ideas Mid Day Market Update