Crude Oil Down 1%; US Job Openings Fall In August

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

The Dow traded down 0.65% to 51,144.93 while the NASDAQ fell 0.21% to 26,763.71. The S&P 500 also fell, dropping, 0.34% to 7,657.81.

Leading and Lagging Sectors

Utilities shares gained by 0.2% on Tuesday.

In trading on Tuesday, consumer staples stocks fell by 1.1%.

Top Headline

U.S. job openings declined by 256,000 to 7.079 million in August from a revised 7.335 million in the previous month, versus market estimates of 7.23 million.

Equities Trading UP           

• BIO-Key International Inc (NASDAQ:BKYI) shares shot up 102% to $3.40 after the company announced a strategic partnership with Al Majlis Group to bring its identity security platform to government and private sector organizations across the UAE and Saudi Arabia.
• Shares of SoundThinking Inc (NASDAQ:SSTI) got a boost, surging 52% to $8.29 after the company announced it will be acquired by Transom Capital.
• Iovance Biotherapeutics Inc (NASDAQ:IOVA) shares were also up, gaining 22% to $13.40 after the company raised its FY26 revenue guidance.

Equities Trading DOWN

• NewGenIvf Group Ltd (NASDAQ:NIVF) shares dipped 77% to $0.080 after the company announced it priced its $1.25 million public offering of 17,857,143 share or pre-funded warrants at $0.07 per share.
• Shares of AAR Corp (NYSE:AIR) were down 8% to $106.26. AAR posted better-than-expected results for the first quarter and issued a strong sales forecast for the second quarter.
• Uniqure NV (NASDAQ:QURE) was down, falling 37% to $24.79 after the company announced that cUHDRS showed a 44% slowing of disease progression compared to the updated external control and did not reach statistical significance.

CommoditiesIn commodity news, oil traded down 1.3% to $91.37 while gold traded up 0.8% at $4,203.40.

Silver traded down 0.1% to $61.635 on Tuesday, while copper rose 0.1% to $6.6365.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 rose 0.3%, while Spain’s IBEX 35 Index rose 0.1%, London’s FTSE 100 fell 0.1%, Germany’s DAX gained 0.6%, while France’s CAC 40 slipped 0.1%.

Asia Pacific Markets

Asian markets closed mostly lower on Tuesday, with Japan’s Nikkei 225 dipping 0.60%, Hong Kong’s Hang Seng index dropping 0.48%, China’s SSE Composite Index gaining 0.18% and India’s BSE Sensex falling 0.33%.

Economics

• U.S. job openings declined by 256,000 to 7.079 million in August from a revised 7.335 million in the previous month, versus market estimates of 7.23 million.
• The FHFA house price index increased 0.3% month-over-month in July, compared to market estimates of a 0.1% gain.
• The S&P Cotality Case-Shiller Home Price Index increased 2.5% year-over-year in July, up from market expectations of 2.2%.

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