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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Following the market opening Monday, the Dow traded down 1.42% to 34,093.46 while the NASDAQ fell 1.86% to 14,763.93. The S&P also fell, dropping 1.54% to 4,364.65.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 42,088,400 cases with around 673,760 deaths. India confirmed a total of at least 33,478,410 cases and 445,130 deaths, while Brazil reported over 21,239,780 COVID-19 cases with 590,750 deaths. In total, there were at least 228,595,280 cases of COVID-19 worldwide with more than 4,692,920 deaths, according to data compiled by Johns Hopkins University.
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Leading and Lagging Sectors
Utilities shares slipped by just 0.04% on Monday. Meanwhile, top gainers in the sector included Companhia Paranaense de Energia - COPEL (NYSE:ELP), up 3% and Pure Cycle Corporation (NASDAQ:PCYO) up 2%.
In trading on Monday, energy shares tumbled 3%.
Top Headline
Private equity firm Thomas H. Lee Partners, L.P. has agreed to acquire Brooks Automation Inc's (NASDAQ:BRKS) Semiconductor Solutions Group business in a transaction valued at $3 billion. The transaction is likely to close in the first half of CY22
Equities Trading UP
ZIVO Bioscience, Inc. (NASDAQ:ZIVO) shares shot up 168% to $7.51.
Shares of Edesa Biotech, Inc. (NASDAQ:EDSA) got a boost, shooting 35% to $7.94 after the company disclosed Phase 2 data of its monoclonal antibody in hospitalized COVID-19 patients.
LiqTech International, Inc. (NASDAQ:LIQT) shares were also up, gaining 17% to $6.61.
Check out these big movers of the day
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Equities Trading DOWN
BeyondSpring Inc. (NASDAQ:BYSI) shares tumbled 19% to $18.46 after the company reported final Phase 3 DUBLIN-3 data with plinabulin/docetaxel combination versus docetaxel alone at the ESMO 2021 event.
Shares of Helbiz, Inc. (NASDAQ:HLBZ) were down 20% to $14.12. Helbiz shares jumped around 97% on Friday after the company announced its media unit has entered into an agreement with FOX Networks to broadcast the Italian Serie B championship across the USA and the Caribbean.
Protagonist Therapeutics, Inc. (NASDAQ:PTGX) was down, falling 15% to $14.94. JP Morgan downgraded Protagonist Therapeutics from Overweight to Neutral and announced a $49 price target. The FDA recently placed a clinical hold on the company’s rusfertide development program.
Commodities
In commodity news, oil traded down 1.9% to $70.58, while gold traded up 0.5% to $1,759.40.
Silver traded up 0.6% Monday to $22.48 while copper fell 1.7% to $4.1725.
Euro zone
European shares were lower today. The eurozone’s STOXX 600 fell 1.8%, the Spanish Ibex Index fell 1.8% and the German DAX 30 dropped 2.1%. Meanwhile, the London’s FTSE 100 fell 1.5%, French CAC 40 declined 1.9% and Italy’s FTSE MIB tumbled 2.3%.
German producer prices increased 12.0% year-over-year in August following a 10.4% growth in the prior month. Spanish trade deficit widened to EUR 1.60 billion in July, compared to EUR 0.31 billion in the year-ago month.
Economics
The NAHB housing market index rose to 76 in September from 75 in August.
The Treasury will auction 3-and 6-month bills at 11:30 a.m. ET.
Check out the full economic calendar here
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.