Nasdaq Down 100 Points; Domino's Pizza Posts Weak Earnings

Market Overview - U.S. stocks showed mixed performance, with the Nasdaq Composite declining approximately 100 points, while the Dow increased by 0.42% to 43,611.72 and the S&P 500 fell slightly by 0.01% to 6,013.05 [1] - Financial sector shares rose by 1% on Monday, while utility shares decreased by 0.6% [1] Company Earnings - Domino's Pizza Inc. reported weaker-than-expected fourth-quarter FY24 earnings, with sales growth of 2.9% year-on-year to $1.44 billion, falling short of the analyst consensus estimate of $1.48 billion. The EPS of $4.89 also missed the consensus estimate of $4.92 [2] Commodity Market - Oil prices increased by 0.6% to $70.83, while gold rose by 0.4% to $2,963.80. Conversely, silver fell by 1% to $32.67 and copper decreased by 0.9% to $4.5170 [5] European Market - European shares closed mixed, with the eurozone's STOXX 600 down by 0.08%, Germany's DAX 40 up by 0.62%, and France's CAC 40 down by 0.78% [6] Asian Market - Asian markets experienced declines, with China's Shanghai Composite Index down by 0.18%, Hong Kong's Hang Seng Index down by 0.58%, and India's BSE Sensex down by 1.14% [7] Notable Stock Movements - AtlasClear Holdings, Inc. saw a significant increase in shares, rising 191% to $6.84 after announcing second-quarter results. Santech Holdings Limited surged 202% to $1.8995, and Connexa Sports Technologies Inc. gained 97% to $1.26 following a multi-channel-network deal for TikTok content in the MENA region [9] - Target Hospitality Corp. shares dropped 46% to $5.06 after losing a key government contract and withdrawing FY25 guidance. Nikola Corporation shares fell 34% to $0.2527 after receiving a delisting letter from Nasdaq and filing for Chapter 11 bankruptcy [9]