U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Monday.
Following the market opening Monday, the Dow traded down 0.48% to 42,450.71 while the NASDAQ fell 0.88% to 19,041.91. The S&P 500 also fell, dropping, 0.79% to 5,911.48.
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Leading and Lagging SectorsHealth care shares slipped by just 0.2% on Monday.
In trading on Monday, energy stocks dipped by 2.2%.
Top Headline
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) reported better-than-expected earnings for the first quarter.
The company posted quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $1.87 per share. The company reported quarterly sales of $2.01 billion which beat the analyst consensus estimate of $1.85 billion.
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CommoditiesIn commodity news, oil traded down 0.5% to $62.20 while gold traded up 1.4% at $3,233.10.
Silver traded up 0.3% to $32.465 on Monday, while copper rose 1.1% to $4.6460.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.4%, while Spain's IBEX 35 Index fell 0.1%. London's FTSE 100 fell 0.5%, Germany's DAX 40 slipped 0.1% and France's CAC 40 slipped 0.7% during the session.
Asia Pacific Markets
Asian markets closed mostly lower on Monday, with Japan's Nikkei falling 0.68%, Hong Kong's Hang Seng Index declining 0.05%, China's Shanghai Composite Index falling 0.004% and India's BSE Sensex declining 0.33%.
Economics
The CB Leading Index will be released today.
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