US Stocks Mixed; NY State Business Activity Rises In February

Author: Avi Kapoor | February 18, 2025 09:45am

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 100 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.24% to 44,440.80 while the NASDAQ rose 0.26% to 20,078.31. The S&P 500 also rose, gaining, 0.11% to 6,121.11.

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Leading and Lagging Sectors

Information technology shares jumped by 0.7% on Tuesday.

In trading on Tuesday, consumer staples shares fell by 0.6%.

Top Headline

The NY Empire State Manufacturing Index rose by 18.3 points to a reading of +5.7 in February, topping market estimates of -1.

Equities Trading UP
                       

• Healthcare Triangle Inc (NASDAQ:HCTI) shares shot up 59% to $0.76.
• Shares of Kwesst Micro Systems Inc (NASDAQ:KWE)got a boost, surging 103% to $0.95.
• PainReform Ltd (NASDAQ:PRFX) shares were also up, gaining 79% to $5.05 as the company executed definitive agreement to acquire DeepSolar.

Equities Trading DOWN

• Septerna Inc (NASDAQ:SEPN) shares dropped 64% to $4.65 after the company announced the discontinuation of its Phase 1 trial of SEP-786 due to unanticipated Bilirubin events.
• Shares of Bio Path Holdings Inc (NASDAQ:BPTH) were down 54% to $0.29.
• Petros Pharmaceuticals Inc (NASDAQ:PTPI) was down, falling 51% to $0.14 after the company reported the pricing of $9.6 million public offering of common stock and warrants.

Commodities

In commodity news, oil traded up 0.7% to $71.22 while gold traded up 1.2% at $2,936.80.

Silver traded up 0.9% to $33.135 on Tuesday, while copper fell 2.1% to $4.5655.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.4%, Germany's DAX 40 rose 0.2% and France's CAC 40 rose 0.3%. Spain's IBEX 35 Index rose 0.6%, while London's FTSE 100 rose 0.1%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 gaining 0.25%, China's Shanghai Composite Index falling 0.93%, Hong Kong's Hang Seng Index gaining 1.59% and India's BSE Sensex falling 0.04%.

Economics

The NY Empire State Manufacturing Index rose by 18.3 points to a reading of +5.7 in February, topping market estimates of -1.

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Posted In: BPTH HCTI KWE PRFX PTPI SEPN