Dow Jones fell 0.2% as US stocks opened lower. Energy shares rose 1.9%, while real estate stocks dropped 0.9%. Monday.com shares fell 10%.
Monday.Com beat Q2 earnings ($1.48 vs $1.11 EPS) and revenue ($364.6M vs $355.2M) but stock fell 10% on Q3 guidance ($368-370M vs $372.7M expected). SaaS platform slowdown signals enterprise IT budget pressure as companies shift capital toward AI infrastructure.
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 0.2% on Monday.
Following the market opening Monday, the Dow traded down 0.16% to 53,949.06 while the NASDAQ fell 0.07% to 26,672.55.
The S&P 500 also fell, dropping, 0.09% to 7,750.93.
Leading and Lagging Sectors Energy shares jumped by 1.9% on Monday.
In trading on Monday, real estate stocks fell by 0.9%.
Dow Jones Top Markets Headlines at 1 PM ET: U.S. Stocks Mixed as Nasdaq Falls After Morning Rally | Private-Sector ...
Dow Jones Top Markets Headlines at 3 PM ET: U.S. Stocks Mixed as Nasdaq Falls After Morning Rally | Private-Sector ...
Dow Jones Top Markets Headlines at 3 PM ET: U.S. Stocks Edge Back From Records as Major Indexes Turn Lower | U.S. ...
US stocks: US market opens flat as markets monitor Hormuz situation
