Crude Oil Falls Over 1%; US Homebuilder Sentiment Edges Higher In December - Argo Blockchain (NASDAQ:ARBK), Artiva Biotherapeutics (NASDAQ:ARTV)

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Crude Oil Falls Over 1%; US Homebuilder Sentiment Edges Higher In December - Argo Blockchain (NASDAQ:ARBK), Artiva Biotherapeutics (NASDAQ:ARTV)

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.4% on Monday.

The Dow traded down 0.27% to 48,328.47 while the NASDAQ fell 0.36% to 23,112.04. The S&P 500 also fell, dropping, 0.11% to 6,819.62.

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Leading and Lagging Sectors

Health care shares jumped by 0.9% on Monday.

In trading on Monday, energy stocks fell by 1.5%.

Top Headline

The NAHB/Wells Fargo Housing Market Index rose to 39 in December, recording the highest reading in eight months, compared to 38 in November, and versus market estimates of 38.

Equities Trading UP
           

3 E Network Technology Group Ltd (NASDAQ: MASK ) shares shot up 47% to $0.44 after the company signed a master services agreement to develop an AI data center in Finland. Shares of Kyverna Therapeutics Inc (NASDAQ: KYTX ) got a boost, surging 28% to $11.22 after the company announced topline data from KYSA-8. Artiva Biotherapeutics Inc (NASDAQ: ARTV ) shares were also up, gaining 50% to $4.94 after the company reported positive initial safety and translational data supporting deep B-Cell depletion with AlloNK® in autoimmune disease.

Equities Trading DOWN

iRobot Corp (NASDAQ: IRBT ) shares dropped 72% to $1.20 after the company filed for Chapter 11 bankruptcy. Shares of Argo Blockchain PLC – ADR (NASDAQ: ARBK ) were down 22% to $5.35. Shares of crypto-related companies traded lower amid volatility in the price of Bitcoin. Momentus Inc (NASDAQ: MNTS ) was down, falling 43% to $0.48 after the company announced a 1-for-17.85 reverse split.

Commodities

In commodity news, oil traded down 1.5% to $56.58 while gold traded down 0.1% at $4,366.60.

Silver traded up 2.2% to $63.395 on Monday, while copper rose 1.1% to $5.4175.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.74%, while Spain's IBEX 35 Index rose 1.11%. London's FTSE 100 jumped 1.06%, Germany's DAX 40 rose 0.18% and France's CAC 40 gained 0.70% during the session.

Asia Pacific Markets

Asian markets closed lower on Monday, with Japan's Nikkei falling 1.31%, Hong Kong's Hang Seng dipping 1.34%, China's Shanghai Composite declining 0.55% and India's BSE Sensex falling 0.06%.

Economics

The NY Empire State Manufacturing Index fell to -3.9 in December, compared to a one-year high level of 18.7 in the previous month, and missing market estimates of 10. The NAHB/Wells Fargo Housing Market Index rose to 39 in December, recording the highest reading in eight months, compared to 38 in November, and versus market estimates of 38.

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ARBK Argo Blockchain PLC $5.50 -19.9% Overview ARTV Artiva Biotherapeutics Inc $5.07 53.6% IRBT iRobot Corp $1.17 -73.0% KYTX Kyverna Therapeutics Inc $10.94 24.6% MASK 3 E Network Technology Group Ltd $0.4826 60.5% MNTS Momentus Inc $0.4824 -42.6% Market News and Data brought to you by Benzinga APIs

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