Crude Oil Moves Higher; Owens & Minor Shares Plummet

Market Overview - U.S. stocks experienced a decline, with the S&P 500 falling approximately 0.5% on Monday, closing at 6,008.22. The Dow decreased by 0.09% to 44,506.60, while the NASDAQ dropped 0.91% to 19,449.55 [1] - Consumer staples sector saw a rise of 0.7%, while information technology shares fell by 1.4% [1] Construction Spending - U.S. construction spending rose by 0.5% month-over-month, reaching an annual rate of $2,192 billion in December, following a revised 0.2% increase in November [2][10] Commodity Prices - Oil prices increased by 0.6% to $72.95, gold rose by 0.8% to $2,857.30, silver gained 0.8% to $32.530, and copper saw a rise of 1% to $4.3195 [5] European Market Performance - European shares declined, with the eurozone's STOXX 600 falling by 0.87%, Germany's DAX 40 down 1.40%, and France's CAC 40 decreasing by 1.20% [6] Asian Market Performance - Asian markets closed lower, with Japan's Nikkei 225 down 2.66%, Hong Kong's Hang Seng Index falling 0.04%, and India's BSE Sensex decreasing by 0.41% [7] Company-Specific Movements - HCW Biologics Inc. saw a significant increase in shares, rising 131% to $0.6431 after FDA clearance for its Phase 1 trial [9] - Triumph Group, Inc. shares surged 34% to $25.14 following an agreement to go private in a $3 billion deal [9] - GH Research PLC shares increased by 81% to $19.17 after positive Phase 2b trial results for its inhalable depression treatment [9] - Owens & Minor, Inc. shares dropped 32% to $9.68 due to lower-than-expected revenue results [9] - Napco Security Technologies, Inc. shares fell 29% to $26.11 following second-quarter results [9] - Tonix Pharmaceuticals Holding Corp. shares decreased by 55% to $0.1941 after announcing a 1-for-100 reverse stock split [9]