Afternoon Market Update: Dry oil decreased by 1%. Skip Mongoodib shares after Q2 results

At the end of Friday trading, the downtrend fell 0.11% to 35,403.67 and the NASDAQ rose 0.23% to 15,366.71. S & P also increased, 0.04% to 4,538.92.

The United States has the highest number of cholera cases and deaths in the world, with 39,550,160 cases and 643,680 deaths. India has confirmed at least 32,903,280 cases and 439,890 deaths, while Brazil has killed more than 20,830,490 cases of CVD-19 and 581,910 people. According to John Hopkins University, at least 219,126,140 COVID-19 cases have killed more than 4,542,720 worldwide.

Sectors of Management and Delay

Information technology shares gained 0.5% on Friday. This, meanwhile, has included extensive research in the sector MongoDB, Inc. (NASDAQ: MDB), at 25% and Cottage 8 Mining Company (NASDAQ: HUT) Increased by 18%.

Commercial power shares fell 0.5% on Friday.

Top topic

The US economy grew by 235,000 jobs in August, the lowest gain in seven months. Analysts, however, expected to add 750,000 jobs. Unexpectedly, unemployment declined to 5.2% in August.

Shares Trading UP

Celtic Biotechnology Limited (NASDAQ: APOP) Shares rose 18% to $ 6.47. Celtec Biotechnology has announced that the first ApoGraft clinical trial in the US ApoGraft Clinic has been designed to prevent GVHD following bone marrow transplantation.

Shares MongoDB, Inc. (NASDAQ: MDB) The company rose 24% to $ 499.96 after reporting better than expected Q2 results and outperforming FY22 EPS and sales guidelines.

LS Starret Company (NYSE: SCX) Shares also rose, gaining 17% to $ 10.39. LS Starrett reported that FY21 sales increased by 9% year-on-year to $ 219.64 million.

Check out these big moves of the day

Stock Trading Down

Fort Bioscience, Inc. (NASDAQ: FBRX) The company announced a clinical trial of FB-401 for the treatment of atopic dermatitis by 83% to $ 4,9646. Many analysts also downgraded the stock.

Shares JOANN Inc. (NASDAQ: JOAN) The company reported an 18% drop to $ 10.52 after reporting worse-than-expected Q2 sales

Sphere 3D Corporation (NASDAQ: ANY) The company fell 32% to $ 6.43 after announcing a $ 1921 million direct supply to the market to protect the initial order of 60,000 miners.

Commodities

In commodity news, oil sold at 1% to $ 69.26 and gold at 1.2% to $ 1,832.70.

Birr rose 3.7% on Friday to $ 24,795 and copper rose 0.7% to $ 4,3335.

Euro Zone

European shares are closed today. The Euro zone STOXX 600 fell 0.56%, the Spanish Ibex index fell 1.31% and the German DAX 30 fell 0.37%. Meanwhile, London’s FTSE 100 is down 0.36%, France’s CAC 40 is 1.08% and Italy’s FTSE MIB is down 0.64%.

Euro zone retail sales fell 2.3% in July, following a 1.8% increase in July. UK services PMI fell from 55.5 percent to 55.0 in August, and the integrated PMI fell from 55.3 to 54.8.

France’s services PMI fell from 56.8 a month earlier to 56.3 a month ago, but the government’s budget deficit rose to 166.6 billion euros in January-July. German services PMI fell from 61.5 to 60.8 in August. The Spanish services PMI fell from 61.9 in July to 60.1 in July.

Economics

The US economy grew by 235,000 jobs in August, the lowest gain in seven months. Analysts, however, expected to add 750,000 jobs. Unexpectedly, unemployment declined to 5.2% in August.

The IHS Markit Services PMI has dropped from 59.9 to 55.1 since July. The U.S. combined PMI fell to 55.4 in August from 59.9 in the previous month.

ISM Services PMI dropped from 64.1 in July to 61.7.

The total number of active US gas stations in the United States has dropped from 16 to 394 regs this week, according to Hughes Inc.

See the full economic calendar here

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