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Dow Dips Over 350 Points; Goldman Sachs Posts Upbeat Earnings

Benzinga·04/13/2026 13:48:55
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U.S. stocks traded lower this morning, with the Dow Jones falling more than 350 points on Monday.

Following the market opening Monday, the Dow traded down 0.79% to 47,537.73 while the NASDAQ fell 0.34% to 22,824.61. The S&P 500 also fell, dropping, 0.33% to 6,794.11.

Leading and Lagging Sectors

Information technology shares climbed by 1.2% on Monday.

In trading on Monday, consumer staples stocks fell by 1.2%.

Top Headline

Goldman Sachs Group Inc (NYSE:GS) reported better-than-expected earnings for the first quarter on Monday.

The company posted quarterly earnings of $17.55 per share which beat the analyst consensus estimate of $16.30 per share. The company reported quarterly sales of $17.227 billion which beat the analyst consensus estimate of $16.970 billion.

Equities Trading UP
           

  • Real Messenger Corp (NASDAQ:RMSG) shares shot up 152% to $1.18.
  • Shares of Redcloud Holdings PLC (NASDAQ:RCT) got a boost, surging 115% to $1.23 after the company announced it signed a $30 million five-year licensing deal to deploy its RAID engine in Saudi Arabia.
  • Virax Biolabs Group Ltd (NASDAQ:VRAX) shares were also up, gaining 58% to $0.16.

Equities Trading DOWN

  • Replimune Group, Inc. (NASDAQ:REPL) shares dropped 66% to $1.6101 after several analysts downgraded the stock.
  • Shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) were down 25% to $0.0855.
  • Erayak Power Solution Group Inc. (NASDAQ:RAYA) was down, falling 23% to $0.7311.

Commodities

In commodity news, oil traded up 7.1% to $103.44 while gold traded down 0.8% at $4,750.50.

Silver traded down 3.2% to $74.005 on Monday, while copper fell 0.3% to $5.8690.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.7%, while Spain's IBEX 35 Index fell 1.4%. London's FTSE 100 fell 0.4%, Germany's DAX dipped 1% and France's CAC 40 fell 0.8% during the session.

Asia Pacific Markets

Asian markets closed mostly lower on Monday, with Japan's Nikkei 225 falling 0.74%, China's Shanghai Composite climbing 0.06%, Hong Kong's Hang Seng Index falling 0.90% and India's BSE Sensex falling 0.91%.

Economics

Data on U.S. existing home sales will be released today.

Photo via Shutterstock