Benzinga · Oct 11, 2022
US Stocks Open Lower, Dow Falls 100 Points
U.S. stocks traded lower this morning, with the Dow Jones dropping around 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.34% to 29,103.27 while the NASDAQ fell 1.68% to 10,364.72. The S&P 500 also fell, dropping, 1.11% to 3,572.28. Also check this: Market Volatility Increases After Nasdaq Tumbles Over 100 Points Leading and Lagging Sectors Consumer staples shares rose by 0.6% on Tuesday. Leading the sector was strength from e.l.f. Beauty, Inc. (NYSE: ELF) and BJ's Wholesale Club Holdings, Inc. (NYSE: BJ). In trading on Tuesday, energy shares dipped by 2%. Top Headline ForgeRock, Inc. (NYSE: FORG) announced it will be acquired by Thoma Bravo for $2.3 billion. Equities Trading UP DICE Therapeutics, Inc. (NASDAQ: DICE) shares shot up 54% to $38.04 after the company announced topline data from its Phase 1 clinical trial of DC-806. Clinical proof-of-concept in psoriasis patients achieved with a mean percentage reduction in PASI from baseline at 4 weeks of 43.7% in the high dose group. Shares of ForgeRock, Inc. (NYSE:
