Mid-Afternoon Market Update: Dow Falls Over 100 Points; Amarin Shares Slide

Toward the end of trading Tuesday, the Dow traded down 0.63% to 22,186.76 while the NASDAQ fell 0.20% to 7,758.84. The S&P also fell, dropping 0.68% to 2,608.79.

The U.S. is now the epicenter of the coronavirus pandemic with the highest number of cases around the world. U.S. reported a total of 164,600 coronavirus cases with around 3,100 deaths. Italy reported a total of at least 101,700 confirmed cases and 11,500 deaths, while Spain confirmed a total of over 87,900 coronavirus cases. Mainland China reported 48 new cases on Monday. In total, there are at least 800,000 cases of COVID-19 worldwide with over 38,700 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Energy shares rose 1.2% on Tuesday. Meanwhile, top gainers in the sector included

(NYSE: PBFX), up 27%, and

Limited

(NYSE: CNQ), up 20%.

In trading on Tuesday, real estate shares dipped 4.9%.

Top Headline

McCormick & Company, Incorporated (NYSE: MKC) reported upbeat earnings for first third quarter, while sales missed views.

McCormick reported quarterly earnings of $1.08 per share, which beat the analyst consensus estimate of $1.04 per share. The company reported quarterly sales of $1.212 billion, which missed the analyst consensus estimate of $1.23 billion.

Equities Trading UP

, Inc.

(NASDAQ: SGBX) shares shot up 159% to $5.33 after the company reported Q4 results. Adjusted EBITDA loss came in at $720,000, versus a year-ago loss of $1.6 million. The company’s revenue declined to $337,000, from $2.3 million in the year-ago quarter.

Shares of

, Inc.

(NASDAQ: EYEG) got a boost, shooting 23% to $5.03 after the company announced topline data in follow-on dry eye pilot study.

, Ltd.

(NASDAQ: KNSA) shares were also up, gaining 29% to $15.73 after the company reported 'early evidence of treatment response' with mavrilimumab in 6 patients with severe coronavirus pneumonia and hyperinflammation.

Equities Trading DOWN

(NASDAQ: AMRN) shares tumbled 71% to $3.9950 as the court ruled against its patent for heart treatment drug Vascepa. The United States District Court for the District of Nevada in Las Vegas ruled that six patents on Vascepa, which were all set to expire in 2030, are invalid, as earlier reported by Bloomberg.

Shares of

., Ltd.

(NASDAQ: HHT) were down 55% to $0.45. Huitao Technology priced its 2.7 million share offering at $0.55 per share.

.

(NASDAQ: SHIP) was down, falling 54% to $0.1546 after gaining over 38% on Monday. Seanergy Maritime priced its 35.29 million unit offering at $0.17 per unit.

Commodities

In commodity news, oil traded up 3.1% to $20.71, while gold traded down 2.3% to $1,605.20.

Silver traded up 0.5% Tuesday to $14.195, while copper rose 3.4% to $2.2295.

Euro zone

European shares closed higher today. The eurozone’s STOXX 600 rose 1.65% the Spanish Ibex Index rose 1.88%, while Italy’s FTSE MIB Index gained 1.06%. Meanwhile, the German DAX gained 1.22%, and the French CAC 40 rose 0.40% while UK shares rose 1.95%.

Economics

The Johnson Redbook Retail Sales Index rose 1.3% during the first four weeks of March versus February.

The S&P CoreLogic Case-Shiller home price index rose 3.1% year-over-year in January, versus a 2.8% increase in the prior month.

The Chicago PMI fell to 47.8 for March, versus prior reading of 49.

The Conference Board’s consumer confidence index declined to 120 in March, versus revised reading of 132.6.

Data on farm prices for February will be released at 3:00 p.m. ET.

周二尾盘，道琼斯指数下跌0.63%，至22186.76点，纳斯达克指数下跌0.20%，至7758.84点。标普指数也下跌0.68%，至2，608.79点。

美国现在是冠状病毒�械闹行模牟±渴鞘澜缟献罡叩摹Ｃ拦脖ǜ媪�164，600例冠状病毒病例，死�嘉�3，100人。意�芄脖ǜ媪酥辽�101 700例确诊病例和11 500例死�拦仓な盗�87 900多例冠状病毒病例。中国�芤槐ǜ媪�48例新病例。据约翰·�JohnsHopkins University)收集的数据显示，全�仓辽儆�80�OVID病例，其中19例死��38，700例死�/p>

领先和滞��

能源股周二上涨1.2%。同时，该行业的最高涨幅包括PBF物�薰�(纽约证券交易所市场代码：PBFX)上涨27%，加拿�蛔试从邢薰�(纽约证券交易所市场代码：CNQ)上涨20%。

在周二的交易中，房地产股下跌了4.9%。

头�>

McCormick&Company(纽约证券交易所市场代码：MKC)公布了第一季度业绩乐观的业绩，而销售却错过了预期。

�芸斯嫉募径仁找嫖抗�1.08美元，高于分�毡樵て诘拿抗�1.04美元。该公司公布季度销售额为12.12亿美元，低于分�毡樵て诘�12.3亿美元。

股票交易

SG区块公司(纳斯达克市场代码：SGBX)股价上涨159%，至5.33美元，该公司公布了第四季度业绩。�BITDA��720，000美元，而一年前的��160��.该公司的收入从去年第一季度的230�抵�33.7��

EyeGate制药公司股份(纳斯达克市场交易代码：EYEG)股价上涨23%，至5.03美元，此前该公司公布了�裳壑⑹缘阊芯康氖荨�

Kiniksa制药公司(纳斯达克市场代码：KNSA)股价也上涨29%，至15.73美元，此前该公司报告称，有6例严重冠状病毒肺炎和炎症患者使用mavrilimumab进行治疗的早期证据。

股票交易下跌

阿马林公司(AmarinCorporation)股价下跌71%，至3.9950美元，法院裁定其心脏治疗药物Vascepa专利无效，股价�1%。据彭博社早些时�溃刮铀鼓诨镏萘畹胤椒ㄔ翰枚ǎ琕ascepa的六项专利都将于2030年到期，无效。

汇涛科技股份有限公司股份。(纳斯达克市场代码：HHT)下跌55%，至0.45美元。汇涛科技将270�姆⑿屑鄱ㄔ诿抗�0.55美元。

海运控股公司(纳斯达克市场代码：SHIP)下跌54%，至0.1546美元，周一上涨逾38%。海运公司定价为3529�刻资奂�0.17美元。

商品

�唐废⑾允荆图凵险�3.1%，至20.71美元，黄�准鄹�2.3%，至1，605.20美元。

白银周二上涨0.5%，至14.195美元，铜价上涨3.4%，至2.2295美元。

欧元区

欧洲股市�崭摺Ｅ吩鳶TOXX 600指数上涨1.65%，�繧bex指数上涨1.88%，意�皇盡IB指数上涨1.06%。与此同时，德国DAX指数上涨1.22%，法国CAC 40指数上涨0.40%，英国股市上涨1.95%。

经济学

在三月的前四�冢己惭返牧闶壑甘榷路萆仙�1.3%。

标准普尔CoreLogicCase-Shiller 1月份房价指数同比上涨3.1%，而前一�恼欠�2.8%。

3月份芝加哥PMI降至47.8，而此前为49。

3月份，会议委员会的消费者信心指数降至120，而修正�潦�132.6。

2月份的农产品价�萁谙挛�3点公布。埃特。

免�形姆胗商谘斗刖峁┲С郑煌径苑胄畔⒌淖既沸曰啃运斐傻娜魏嗡怀械Ｈ魏卧�