US stocks mixed in midday trading, Nasdaq falls 0.48%, Dow up 0.19%, S&P 500 down 0.23%. Consumer staples up 2%, tech down 1.9%. Durable goods orders rise 0.3%.
U.S. durable goods +0.3% vs 1.6% forecast in June; Nasdaq down 0.48%. argenx acquired Forte Biosciences for $2.2B. Manufacturing slowdown and crude oil's 6.7% drop signal easing inflation and tighter capex; M&A activity persists despite macro headwinds.
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 100 points on Monday.
The Dow traded up 0.19% to 52,046.85 while the NASDAQ declined 0.48% to 24,855.82.
The S&P 500 also fell, dropping, 0.23% to 7,394.76.
Leading and Lagging Sectors Consumer staples shares jumped by 2% on Monday.
In trading on Monday, information technology stocks fell by 1.9%.
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