U.S. stocks fall; Acuity Brands revenue weak – Acuity Brands (NYSE:AYI), Currenc Group (NASDAQ:CURR)

U.S. stocks were lower this morning, with the Dow Jones down about 0.2% on Wednesday.

After the opening on Wednesday, the Dow Jones fell 0.19% to 42,449.51 points; the Nasdaq fell 0.26% to 19,439.95 points. The S&P 500 also fell, down 0.17% to 5,898.88 points.

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Leading and lagging industries

Financial stocks rose 0.1% on Wednesday.

Healthcare stocks fell 0.7% in Wednesday trading.

Headlines

Acumen Brands Inc. ay Reported fiscal first-quarter revenue that was weaker than expected.

The company reported net sales rising 1.8% year over year to $951.6 million, missing analysts’ consensus estimate of $956.2 million. Adjusted earnings per share were $3.97, beating analysts’ consensus estimate of $3.89.

Stocks trade higher

• Sana Biotechnology Co., Ltd. sana Shares soared 282% to $6.30 after the company on Tuesday announced clinical trial results from its Type 1 diabetes study of islet cell transplants that do not use immunosuppression.
• shares Silo Pharmaceuticals siloThe company’s shares soared 170% to $2.9500 after the company announced it had received a U.S. patent for its PTSD treatment, titled “Pharmacological preventive measures for stress-induced affective disorders in women.”
• CURRENC GROUP OF COMPANY current After the company announced the launch of an artificial intelligence call center, its stock price also rose 146% to $3.42.

Stocks trade lower

• Dart Chat Company data transfer system Shares fell 64% to $3.2583 after the company announced a $5.1 million registered direct offering priced to market under Nasdaq rules.
• shares Jasper Therapeutics JSPR It fell 54% to $8.22. The company reported preliminary data from its BEACON Phase 1b/2a study.
• XTI Aerospace Xi’an International Airport fell, down 51% to $0.0555. XTI Aerospace priced its offering at $20 million, offering 363,636,364 common shares at $0.055 per share.

commodity

In commodity news, oil rose 0.3% to $74.45 and gold rose 0.7% to $2,683.30.

Silver rose 1.1% to $31.02 on Wednesday, while copper rose 1% to $4.2360.

Eurozone

European stocks are lower today. The euro zone STOXX 600 index fell 0.6%, Germany’s DAX 40 index fell 0.3%, and France’s CAC 40 index fell 1%. Spain’s IBEX 35 index fell 0.6% and London’s FTSE 100 index fell 0.4%.

Asia Pacific market

Most Asian stock markets closed lower on Wednesday, with Japan’s Nikkei 225 Index falling 0.26%, China’s Shanghai Composite Index rising 0.02%, Hong Kong’s Hang Seng Index falling 0.86%, and India’s Mumbai Index falling 0.07%.

economics

• U.S. private companies added 122,000 new jobs in December, down from 146,000 in November and 140,000 expected.
• In the week ended January 4, the number of people applying for unemployment benefits for the first time in the United States fell by 10,000 to 201,000, the lowest level in 11 months, compared with market expectations of 218,000.

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