Nasdaq Down Over 100 Points; US Wholesale Inventories Rise By 0.2%

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Monday.

Following the market opening Monday, the Dow traded down 0.18% to 44,562.45 while the NASDAQ fell 0.68% to 19,724.61. The S&P 500 also fell, dropping, 0.51% to 6,059.08.

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Leading and Lagging Sectors

Energy shares jumped by 1.2% on Monday.

In trading on Monday, communication services shares fell by 1.4%.

Top Headline

U.S. wholesale inventories increased by 0.2% month-over-month to $905 billion in October, in- line with the preliminary reading and compared to a 0.2% decline in the previous month.

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