Nasdaq Dips Over 3%; Checkpoint Therapeutics Shares Jump - Checkpoint Therapeutics (NASDAQ:CKPT), Able View Global (NASDAQ:ABLV)

U.S. stocks traded lower this morning, with the Dow Jones index falling around 1% on Monday.

Following the market opening Monday, the Dow traded down 1.01% to 42,370.97 while the NASDAQ dipped 3.21% to 17,612.44. The S&P 500 also fell, dropping, 1.97% to 5,656.29.

Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Health Care Stocks Delivering High-Dividend Yields

Leading and Lagging Sectors

Energy shares rose by 1.3% on Monday.

In trading on Monday, information technology shares dipped by 3.6%.

Top Headline

President Donald Trump, on Sunday, did not rule out the possibility of a recession this year. Acknowledging the potential of short-term turbulence from his economic agenda, he expressed confidence in future prosperity. In a Fox News interview, he said, "I hate to predict things like that" and called the changes being brought about by his administration as "very big."

Equities Trading UP
                       

Sharps Technology, Inc. STSS shares shot up 102% to $0.5989. Shares of Redfin Corporation RDFN got a boost, surging 69% to $9.85 after Rocket Companies announced it will acquire the company in an all-stock transaction valued at $12.50 per share. Checkpoint Therapeutics, Inc. CKPT shares were also up, gaining 64% to $4.0550 after Sun Pharma announced it will acquire the company in a $365 million deal.

Equities Trading DOWN

NET Power Inc. NPWR shares dropped 58% to $2.89 after the company reported fourth-quarter GAAP loss of 46 cents per share versus a year-ago profit of 34 cents per share. Shares of China SXT Pharmaceuticals, Inc. SXTC were down 36% to $2.9050. Able View Global Inc. ABLV was down, falling 28% to $1.2494.

Commodities

In commodity news, oil traded up 0.7% to $67.50 while gold traded down 0.1% at $2,910.40.

Silver traded up 0.5% to $32.970 on Monday, while copper fell 0.3% to $4.6975.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.9%, Germany's DAX 40 fell 1.3% and France's CAC 40 fell 0.5%. Spain's IBEX 35 Index fell 1%, while London's FTSE 100 fell 0.7%.

Asia Pacific Markets

Asian markets closed mostly lower on Monday, with Japan's Nikkei gaining 0.38%, China's Shanghai Composite Index falling 0.19% and Hong Kong's Hang Seng Index falling 1.85%, India's BSE Sensex falling 0.29%.

Economics

Data on consumer inflation expectations will be released today.

Now Read This:

How To Earn $500 A Month From Kohl’s Stock Ahead Of Q4 Earnings ABLV Able View Global Inc $1.22 -29.9%

Stock Score Locked: Edge Members Only

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

Unlock Rankings

Edge Rankings

Momentum 51.28 Growth - Quality - Value 38.15

Price Trend

Short Medium Long Overview CKPT Checkpoint Therapeutics Inc $4.05 64.2% NPWR NET Power Inc $2.92 -57.9% RDFN Redfin Corp $9.86 69.4% STSS Sharps Technology Inc $0.5372 81.1% SXTC China SXT Pharmaceuticals Inc $2.93 -32.1% 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 Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free! Already a member? Sign in