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    US Stocks Mixed; Dow Falls Over 100 Points

    Benzinga·01/02/2026 14:45:15
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    U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Friday.

    Following the market opening Friday, the Dow traded down 0.21% to 47,960.85 while the NASDAQ slipped 0.93% to 23,458.32. The S&P 500 also rose, gaining, 0.36% to 6,870.03.

    Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 5% Dividend Yields

    Leading and Lagging Sectors

    Information technology shares gained by 1.5% on Friday.

    In trading on Friday, real estate stocks dipped by 0.7%.

    Top Headline

    Baidu Inc. (NASDAQ:BIDU) shares rose on Friday after the company announced its proposed spinoff and separate listing of the H shares of Kunlunxin (Beijing) Technology Co., Ltd. on the Main Board of the Hong Kong Stock Exchange.

    Equities Trading UP
               

    • ChowChow Cloud International Holdings Limited (NYSE:CHOW) shares shot up 51% to $0.9364 after the company reported a year-over-year increase H1 2025 revenue and net income results.
    • Shares of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) got a boost, surging 55% to $5.24 after the company issued FY26 guidance.
    • AgEagle Aerial Systems, Inc. (NYSE:UAVS) shares were also up, gaining 31% to $1.0743 after the company sold six eBee TAC tactical mapping drones to the U.S. Army

    Equities Trading DOWN

    • Outlook Therapeutics, Inc. (NASDAQ:OTLK) shares dropped 56% to $0.6801 after the company announced that the FDA has issued a complete response letter to the ONS-5010/LYTENAVA biologics license application resubmission, indicating that the FDA cannot approve the application in its present form for the treatment of wet age-related macular degeneration.
    • Shares of Oriental Rise Holdings Limited (NASDAQ:ORIS) were down 18% to $1.22.
    • Semilux International Ltd. (NASDAQ:SELX) was down, falling 19% to $0.66 after the company announced it received a Nasdaq delisting notification.

    Commodities

    In commodity news, oil traded down 0.8% to $56.95 while gold traded up 0.9% at $4,380.20.

    Silver traded up 3.9% to $73.350 on Friday, while copper rose 0.5% to $5.7105.

    Euro zone

    European shares were higher today. The eurozone's STOXX 600 gained 0.6%, while Spain's IBEX 35 Index rose 0.8%. London's FTSE 100 rose 0.4%, Germany's DAX rose 0.4% and France's CAC 40 climbed 0.5% during the session.

    Asia Pacific Markets

    Asian markets closed higher on Friday, with Hong Kong's Hang Seng Index surging 2.76% and India's BSE Sensex gaining 0.67%.

    Economics

    The S&P Global Manufacturing PMI will be released today.

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    Photo via Shutterstock