Benzinga · Dec 30, 2022
Dow Falls 300 Points On Last Trading Session of 2022; S&P 500 Down 1%
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping around 300 points on Friday. The Dow traded down 0.93% to 32,912.16 while the NASDAQ fell 1.12% to 10,360.89. The S&P 500 also fell, dropping, 1.10% to 3,806.89. Check This Out: 5 Most Cheap Real Estate Stocks You Should Think About Leading and Lagging Sectors Energy shares gained by 0.5% on Friday. Meanwhile, top gainers in the sector included Ecopetrol S.A. (NYSE: EC), up 6%, and Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), up 5%. In trading on Friday, materials shares fell 1%. Top Headline The Chicago PMI rose to 44.9 points in December from 37.20 points in the prior month, which was the weakest reading since June 2020. Equities Trading UP Palisade Bio, Inc. (NASDAQ: PALI) shares shot up 108% to $6.70. Palisade Bio announced $2.5 million registered direct offering and concurrent private placement priced above market under Nasdaq rules. Shares of Sesen Bio, Inc. (NASDAQ: SESN) got a boost, shooting 20% to $0.6015 after the company and Carisma Therapeutics announced an increased special dividend of $70 million, ...
