financetom
Market
financetom
/
Market
/
Dow Dips Over 200 Points; US Industrial Production Increases More than Expected
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dow Dips Over 200 Points; US Industrial Production Increases More than Expected
Mar 18, 2025 7:30 AM

U.S. stocks traded lower this morning, with the Dow Jones index falling around 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.56% to 41,608.14 while the NASDAQ dipped 1.49% to 17,542.81. The S&P 500 also fell, dropping, 0.92% to 5,622.68.

Check This Out: Jim Cramer Calls This Stock A ‘Meme Stock,’ Recommends Buying Accenture

Leading and Lagging Sectors

Energy shares jumped by 0.5% on Tuesday.

In trading on Tuesday, consumer discretionary shares fell by 2%.

Top Headline

U.S. industrial production increased by 0.7% in February, surpassing market estimates of 0.2%.

Equities Trading UP

                       

Aditxt, Inc. ( ADTX ) shares shot up 57% to $6.88 after the company announced it submitted an application for four new federal funding opportunities.

Shares of Syros Pharmaceuticals, Inc. ( SYRS ) got a boost, surging 57% to $0.1351. Syros Pharmaceuticals ( SYRS ) recently announced a voluntary delisting from the Nasdaq and SEC deregistration.

Heidmar Maritime Holdings Corp. ( HMR ) shares were also up, gaining 38% to $3.75.

Equities Trading DOWN

Avenue Therapeutics, Inc. ( ATXI ) shares dropped 46% to $0.4785.

Shares of AirNet Technology Inc. ( ANTE ) were down 44% to $0.9017. AirNet Technology ( ANTE ) recently announced the execution of a non-binding investment LOI with LLP STH Corp, a Kazakstan company.

AGM Group Holdings Inc. ( AGMH ) was down, falling 37% to $0.0669.

Commodities

In commodity news, oil traded up 0.5% to $67.94 while gold traded up 1.2% at $3,041.60.

Silver traded up 1.6% to $34.840 on Tuesday, while copper rose 0.7% to $4.9920.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.46%, Germany's DAX 40 jumped 0.63% and France's CAC 40 gained 0.43%. Spain's IBEX 35 Index rose 1.10%, while London's FTSE 100 rose 0.32%.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan's Nikkei gaining 1.20%, China's Shanghai Composite Index gaining 0.11%, Hong Kong's Hang Seng Index surging 2.46% and India's BSE Sensex gaining 1.53%.

Economics

U.S. housing starts surged 11.2% month-over-month to an annualized rate of 1.501 million in February following a revised 1.35 million in January.

Building permits declined by 1.2% to an annualized rate of 1.456 million in February.

U.S. import prices increased by 0.4% in February, versus market estimates of a 0.1% decline.

U.S. export prices rose by 0.1% month-over-month in February.

U.S. industrial production increased by 0.7% in February, surpassing market estimates of 0.2%.

Now Read This:

Wall Street’s Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil Prices Move Lower as Weak Chinese Demand Offsets a Drop in U.S. Inventories and Strong Q2 GDP Growth
Oil Prices Move Lower as Weak Chinese Demand Offsets a Drop in U.S. Inventories and Strong Q2 GDP Growth
Jul 25, 2024
08:55 AM EDT, 07/25/2024 (MT Newswires) -- Oil prices weakened early on Thursday as worries over the health of Chinese demand offset falling U.S. inventories, while a report showed the U.S. economy grew at a faster than expected pace in the second quarter. West Texas Intermediate crude oil for September delivery was last seen down US$1.13 to US$76.46 per barrel,...
Sector Update: Financial
Sector Update: Financial
Jul 25, 2024
08:56 AM EDT, 07/25/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%. Nasdaq (NDAQ) was up nearly 4% after it reported...
Sector Update: Tech
Sector Update: Tech
Jul 25, 2024
08:44 AM EDT, 07/25/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 3.3% lower recently. STMicroelectronics ( STM ) shares declined by over 12% after it reported lower fiscal Q2 earnings and net revenue. ...
Sector Update: Health Care
Sector Update: Health Care
Jul 25, 2024
08:48 AM EDT, 07/25/2024 (MT Newswires) -- Health care stocks were mixed premarket Thursday, with the Health Care Select Sector SPDR Fund (XLV) down 0.4% and the iShares Biotechnology ETF (IBB) recently up 0.5%. AstraZeneca ( AZN ) reported Q2 earnings of $1.24 per diluted share, up from $1.17 a year earlier but below the $1.36 estimate from three analysts...
Copyright 2023-2025 - www.financetom.com All Rights Reserved