SRDX

US Stock Market Performance: The S&P 500 and Dow Jones indexes are up, while the Nasdaq is down, influenced by declines in AI and semiconductor stocks, particularly CoreWeave and Nvidia. Trading volume is low due to the Veterans Day holiday.

Labor Market Indicators: A report from ADP indicates a weakening labor market, with private employers shedding an average of 11,250 jobs weekly. Additionally, the NFIB small business optimism index fell to a six-month low.

Government Shutdown Developments: The Senate passed a temporary resolution to fund the government, with expectations for quick approval in the House, which could lead to the end of the government shutdown and resumption of federal payments.

Corporate Earnings and Market Reactions: Q3 earnings reports show 82% of S&P 500 companies exceeded forecasts, with earnings rising 14.6%. However, several tech stocks, including Micron and AMD, are experiencing declines, while others like Surmodics and RealReal are seeing significant gains.

Market Performance: U.S. stocks showed mixed results, with the Dow Jones gaining 0.64% while the NASDAQ and S&P 500 fell by 0.79% and 0.23%, respectively.

Sector Highlights: Energy shares rose by 1.2%, while information technology stocks experienced a decline of 0.9%.

Notable Stock Movements: RealReal Inc. saw a significant rise after positive earnings, while enGene Holdings Inc. surged 72% following promising study results. Conversely, Vor Biopharma Inc. and Salarius Pharmaceuticals Inc. both dropped 50% due to public offering announcements.

International Markets: European shares increased, with the eurozone's STOXX 600 up 1.05%, while Asian markets closed mixed, with Japan's Nikkei 225 slightly down and India's BSE Sensex up 0.40%.