U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dipping over 1% on Tuesday. The Dow traded down 1.07% to 39,142.53 while the NASDAQ fell 1.14% to 16,209.12. The S&P 500 also fell, dropping, 0.85% to 5,199.28.
Tembo E-LV , a subsidiary of VivoPower International PLC , will merge with CCTS , a NASDAQ-listed company. Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. .