Open account

US Stocks Edge Lower; Monday.Com Shares Tumble After Q2 Results

U.S. stocks were slightly lower in early Monday trading, with the S&P 500, Nasdaq and Dow all edging down as investors digested a mixed session. The main corporate driver was Monday.com’s weak third-quarter sales guidance, which sent its shares sharply lower despite the company beating second-quarter earnings and revenue estimates. Sector performance was uneven: energy led gains while real estate lagged. Commodity prices were mixed, with oil up 2% and gold slightly lower, while silver and copper rose. Overseas markets were generally firmer, including gains in Europe and across Asia-Pacific. Overall, the article points to a cautious risk tone rather than a broad selloff, with the market reacting more to company-specific earnings/guidance news than to macro catalysts.

Category

US 500

Sentiment

Mixed

Event

Market commentary

Reading time

1 min