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Thursday, January 9, 2025

US Shares Down; Acuity Manufacturers Posts Weak Income – Acuity Manufacturers (NYSE:AYI), Currenc Group (NASDAQ:CURR)



U.S. shares traded decrease this morning, with the Dow Jones index falling round 0.2%% on Wednesday.

Following the market opening Wednesday, the Dow traded down 0.19% to 42,449.51 whereas the NASDAQ dipped 0.26% to 19,439.95. The S&P 500 additionally fell, dropping, 0.17% to five,898.88.

Verify This Out: Wells Fargo Gears Up For This fall Print; Right here Are The Current Forecast Adjustments From Wall Avenue’s Most Correct Analysts

Main and Lagging Sectors

Monetary shares jumped by 0.1% on Wednesday.

In buying and selling on Wednesday, well being care shares fell by 0.7%.

Prime Headline

Acuity Manufacturers, Inc AYI reported weaker-than-expected income for its fiscal first quarter.

The corporate posted internet gross sales progress of 1.8% 12 months over 12 months to $951.6 million, lacking the analyst consensus estimate of $956.2 million. It clocked an adjusted EPS of $3.97, beating the analyst consensus estimate of $3.89.

Equities Buying and selling UP
                       

  • Sana Biotechnology, Inc SANA shares shot up 282% to $6.30 after the corporate on Tuesday introduced scientific trial outcomes from its sort 1 diabetes examine of islet cell transplantation with out immunosuppression.
  • Shares of Silo Pharma, Inc. SILOacquired a lift, surging 170% to $2.9500 after the corporate introduced it was awarded a US patent for its PTSD therapy titled ‘Pharmacological Prophylactics Towards Stress-Induced Affective Problems in Females.’
  • CURRENC Group Inc. CURR shares had been additionally up, gaining 146% to $3.42 after the corporate introduced the launch of its AI name middle.

Equities Buying and selling DOWN

  • DatChat, Inc. DATS shares dropped 64% to $3.2583 after the corporate introduced the pricing of a $5.1 million registered direct providing priced at-the-market beneath Nasdaq guidelines.
  • Shares of Jasper Therapeutics, Inc JSPR had been down 54% to $8.22. The corporate reported preliminary knowledge from its BEACON Part 1b/2a examine.
  • XTI Aerospace, Inc. XTIA was down, falling 51% to $0.0555. XTI Aerospace priced $20 million providing of 363,636,364 shares of widespread inventory at a worth of $0.055 per share.

Commodities

In commodity information, oil traded up 0.3% to $74.45 whereas gold traded up 0.7% at $2,683.30.

Silver traded up 1.1% to $31.02 on Wednesday, whereas copper rose 1% to $4.2360.

Euro zone

European shares had been decrease immediately. The eurozone’s STOXX 600 declined 0.6%, Germany’s DAX 40 fell 0.3% and France’s CAC 40 dipped 1%. Spain’s IBEX 35 Index fell 0.6%, whereas London’s FTSE 100 slipped 0.4%.

Asia Pacific Markets

Asian markets closed largely decrease on Wednesday, with Japan’s Nikkei 225 falling 0.26%, China’s Shanghai Composite Index gaining 0.02%, Hong Kong’s Dangle Seng Index declining 0.86% and India’s BSE Sensex falling 0.07%.

Economics

  • U.S. non-public companies added 122,000 staff to their payrolls in December down from 146,000 in November and versus expectations of 140,000.
  • U.S. preliminary jobless claims fell by 10,000 to 201,000 within the week ending Jan. 4, recording the bottom stage in eleven months and versus market estimates of 218,000.

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Market Information and Knowledge dropped at you by Benzinga APIs

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