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Dow Tumbles Over 700 Points; Dominion Energy Posts Upbeat Earnings

U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 700 points on Monday.

The Dow traded down 1.46% to 48,901.83 while the NASDAQ fell 1.03% to 22,650.14. The S&P 500 also fell, dropping, 0.95% to 6,843.89.

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Leading and Lagging Sectors

Consumer staples shares gained by 1.2% on Monday.

In trading on Monday, financials stocks fell by 3.2%.

Top Headline

Dominion Energy Inc. (NYSE:D) on Monday reported fourth-quarter 2025 results that beat Wall Street estimates on both earnings and revenue and raised its five-year capital spending plan by about $15 billion to support surging data center demand.

The company posted operating earnings, a non-GAAP measure, of 68 cents per share, exceeding the consensus estimate of 67 cents and up from 58 cents per share in the year-earlier quarter.

Total operating revenue rose to $4.093 billion, surpassing the analyst estimate of $3.653 billion and increasing 20.38% from a year earlier.

Equities Trading UP
           

  • Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) shares shot up 103% to $0.089. Tian Ruixiang confirmed that it is in advanced and final-stage discussions for transformative strategic business combination with InsurTech operating across Asia-Pacific region.
  • Shares of Arcellx, Inc. (NASDAQ:ACLX) got a boost, surging 78% to $113.81 after the company announced it will be acquired by Gilead Sciences.
  • Allurion Technologies Inc. (NYSE:ALUR) shares were also up, gaining 70% to $1.84 after the company said that the FDA approved Allurion Gastric Balloon System Application.

Equities Trading DOWN

  • Gossamer Bio, Inc. (NASDAQ:GOSS) shares dropped 84% to $0.33. The company announced topline results for the PROSERA Phase 3 Study of seralutinib in patients with PAH.
  • Shares of United Homes Group, Inc. (NASDAQ:UHG) were down 51% to $1.16 after the company agreed to be acquired by Stanley Martin Homes for $221 million.
  • Abits Group Inc. (NASDAQ:ABTS) was down, falling 23% to $2.89 after announcing a $2.1 million offering.

Commodities

In commodity news, oil traded down 0.3% to $66.26 while gold traded up 2.9% at $5,225.90.

Silver traded up 5% to $86.420 on Monday, while copper fell 1.2% to $5.7705.

Euro zone

European shares were mostly lower today. The eurozone's STOXX 600 fell 0.45%, while Spain's IBEX 35 Index rose 0.56%. London's FTSE 100 fell 0.02%, Germany's DAX fell 1.06% and France's CAC 40 fell 0.22% during the session.

Asia Pacific Markets

Asian markets closed higher on Monday, with Hong Kong's Hang Seng index gaining 2.53% and India's BSE Sensex gaining 0.58%.

Economics

  • The Chicago Fed National Activity Index surged to +0.18 in January from -0.21 in the previous month, recording marking its strongest level since February 2025.
  • The Dallas Fed's manufacturing index jumped to 0.2 in February compared to -1.2 in the previous month.

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