---
title: "Nasdaq Down 150 Points; Chicago Fed National Activity Index Drops In July"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296799885.md"
description: "US stocks traded mixed with the Nasdaq down 150 points, while the Dow rose slightly. The Chicago Fed National Activity Index dropped to -0.08 in July, signaling a slight deterioration in economic activity. Individual stocks saw significant volatility, with CID HoldCo surging 196% and Flash Sports dropping 71%. Global markets were mostly lower, including European and Asian indices."
datetime: "2026-08-24T13:45:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296799885.md)
  - [en](https://longbridge.com/en/news/296799885.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296799885.md)
generator: "portal-rs"
---

# Nasdaq Down 150 Points; Chicago Fed National Activity Index Drops In July

U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 150 points on Monday.

Following the market opening Monday, the Dow traded up 0.10% to 53,331.66 while the NASDAQ fell 0.63% to 26,014.67. The S&P 500 also fell, dropping, 0.30% to 7,651.26.

**Leading and Lagging Sectors**

Consumer staples shares jumped by 1.1% on Monday.

In trading on Monday, information technology stocks fell by 1.2%.

**Top Headline**

The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity.

**Equities Trading UP**  

-   **CID HoldCo Inc (**NASDAQ:DAIC) shares shot up 196% to $1.26.
-   Shares of **Expion360 Inc** (NASDAQ:XPON) got a boost, surging 133% to $7.99 after the company announced a $3.425 million acquisition of Eastern Louisiana Oil and Gas Exploration Prospect. The company announced the company commenced a $9 million offering of 2.117 million shares at $4.25 per share.
-   **Sadot Group Inc (**NASDAQ:SDOT) shares were also up, gaining 70% to $22.45.

**Equities Trading DOWN**

-   **Flash Sports & Media Holdings, Inc. (**NASDAQ:FLZH) shares dropped 71% to $0.28.
-   Shares of **RF Acquisition Corp II (**NASDAQ:RFAI) were down 29% to $41.10. Shares of RF Acquisition Corp II shares jumped 356% on Friday following SEC filings detailing the results of an extraordinary general meeting.
-   **Knorex Ltd** (NYSE:KNRX) was down, falling 24% to $0.39. KNOREX announced its FY25 financial statement includes its going concern intention.

**Commodities**  

In commodity news, oil traded down 1.5% to $85.80 while gold traded up 1.1% at $4,731.30.

Silver traded up 0.1% to $69.565 on Monday, while copper rose 0.9% to $6.6435.

**Euro zone**

European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.1%, while Spain’s IBEX 35 Index rose 0.4%, London’s FTSE 100 slipped 0.1%, Germany’s DAX declined 0.2%, while France’s CAC 40 fell 0.4%.

**Asia Pacific Markets**

Asian markets closed lower on Monday, with Japan’s Nikkei 225 falling 0.74%, Hong Kong’s Hang Seng index dipping 1.89%, China’s Shanghai Composite declining 0.59% and India’s BSE Sensex dropping 0.22%.

**Economics**

The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity.

*Photo via Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**