Mid-Morning Market Update: Markets Open Lower; Keurig Green Mountain Agrees To Be Taken Private For $92/Share

Following the market opening Monday, the Dow traded down 0.50 percent to 17,758.81 while the NASDAQ dipped 0.54 percent to 5,114.64. The S&P also fell, dropping 0.57 percent to 2,079.74. Leading and Lagging Sectors In trading on Monday, non-cyclical consumer goods & services shares surged by 0.41 percent. Meanwhile, top gainers in the sector included Keurig Green Mountain Inc GMCR, up 73 percent, and Sodastream International Ltd SODA, up 8 percent. Energy shares tumbled by 3.02 percent in the US market on Monday. Top losers in the sector included Vanguard Natural Resources, LLC VNR, Willbros Group Inc WG, and Legacy Reserves LP LGCY. Top Headline Keurig Green Mountain Inc GMCR agreed to be acquired for $13.9 billion by an investor group led by JAB Holding Company. The cash offer of $92.00 per share represents a 78 percent premium over Keurig's closing price on Friday. Equities Trading UP Keurig Green Mountain Inc GMCR shares shot up 73 percent to $89.61 after the company agreed to be acquired for $13.9 billion. Shares of XBiotech Inc XBIT got a boost, shooting up 20 percent to $10.33 after the company reported positive results in its European Phase III study for its breakthrough therapy for colorectal cancer. Sodastream International Ltd SODA shares were also up, gaining 9 percent to $15.26 on Keurig Green Mountain Inc GMCR go-private deal for $92 per share. Equities Trading DOWN bluebird bio Inc BLUE shares tumbled 32 percent to $56.74 on mixed sickle cell data results presented at the ASH 2015. Shares of Global Blood Therapeutics Inc GBT were down 23 percent to $35.28 after the company reported positive GBT440 Phase 1/2 data. Agios Pharmaceuticals Inc AGIO was down, falling 14 percent to $53.51 after the company reported data from ongoing phase 1 trial of AG-120. The company also announced data from ongoing Phase 1/2 trial of AG-221. Commodities In commodity news, oil traded down 3.43 percent to $38.60, while gold traded down 0.41 percent to $1,079.70. Silver traded down 0.16 percent Monday to $14.51, while copper fell 0.67 percent to $2.07. Eurozone European shares were higher today. The eurozone's STOXX 600 jumped 1.08 percent, the Spanish Ibex Index rose 0.18 percent, while Italy's FTSE MIB Index gained 0.19 percent. Meanwhile, the German DAX climbed 1.76 percent, and the French CAC 40 surged 1.36 percent, while U.K. shares rose 0.21 percent. Economics Data on consumer credit for October will be released at 3:00 p.m. ET.