US Stocks Open Lower; Dow Tumbles Over 150 Points

U.S. stocks traded lower this morning, with the Dow Jones falling more than 150 points on Monday.

Following the market opening Monday, the Dow traded down 0.38% to 42,192.55 while the NASDAQ fell 0.29% to 18,085.96. The S&P 500 also fell, dropping, 0.32% to 5,732.58.

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Leading and Lagging SectorsEnergy shares jumped by 0.5% on Monday.

In trading on Monday, consumer discretionary shares dipped by 1.2%.

Top Headline

AstraZeneca plc (NASDAQ:AZN) entered into an exclusive license agreement with Hong Kong-based CSPC Pharmaceutical Group Ltd to advance the development of an early-stage, novel small-molecule lipoprotein (a) (Lp(a)) disruptor that has the potential to offer additional benefits for patients with dyslipidemia.

Equities Trading UP                       

Scholar Rock Holding Corporation (NASDAQ:SRRK) shares shot up 264% to $27.23 after the company announced topline results from the Phase 3 SAPPHIRE clinical trial evaluating the ...