U.S. stocks traded lower midway through trading, with the Dow Jones index dipping over 50 points on Monday.
The Dow traded down 0.16% to 38,662.09 while the NASDAQ fell 0.26% to 16,043.75. The S&P 500 also fell, dropping, 0.27% to 5,110.11.
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Leading and Lagging Sectors
Materials shares jumped by 0.3% on Monday.
In trading on Monday, industrials shares fell by 1.1%.
Top Headline
EQT Corporation (NYSE: EQT) announced that it entered into a definitive merger agreement to acquire Equitrans Midstream Corporation (NYSE: ETRN).
Equities Trading UP
GDS Holdings Limited (NASDAQ: GDS) shares shot up 21% to $7.77 following a report suggesting Hillhouse and Boyu are in talks to invest in the company’s Southeast Asia data center business.
Shares of Fangdd Network Group Ltd. (NASDAQ: DUO) got a boost, surging 48% to $0.8952 after the …