Why U.S. Stocks Are Trading Lower; AZZ Earnings And More

U.S. stocks traded lower this morning as investors digested the recent jobs report for the month of June. The Dow traded down 0.38% to 31,220.54 while the NASDAQ fell 1.67% to 11,441.36. The S&P also fell, dropping, 0.93% to 3,862.94. Also check this: GameStop, Levi Strauss And 3 Stocks To Watch Heading Into Friday Leading and Lagging Sectors Health care shares slipped by just 0.1% on Monday. Meanwhile, top gainers in the sector included Pliant Therapeutics, Inc. (NASDAQ: PLRX ), up 117% and Nyxoah S.A. (NASDAQ: NYXH ) up 14%. In trading on Friday, communication services shares dipped by 2%. Top Headline AZZ Inc (NYSE: AZZ ) reported better-than-expected earnings for its first quarter on Monday. AZZ reported first-quarter FY23 sales growth of 36.8% year-over-year to $314.4 million, beating the consensus of $268.09 million. Adjusted EPS jumped 59.1% Y/Y to $1.40, beating the consensus of $1.03. Equities Trading UP Pliant Therapeutics, Inc. (NASDAQ: PLRX ) shares shot up 117% to $19.25 after the company said its treatment for Idiopathic Pulmonary Fibrosis was well tolerated in a Phase 2a study. Shares of La Jolla ... Full story available on Benzinga.com
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