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Share Market Highlights 03 Oct 2023: Sensex drops 316 pts; Nifty falls below 19,550; auto stocks weigh heavily

Share Market Highlights 03 Oct 2023: Sensex drops 316 pts; Nifty falls below 19,550; auto stocks weigh heavily
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Dow Falls Over 100 Points; McCormick Sales Miss Views - AERWINS Technologies (NASDAQ:AWIN), Dixie Gr (NASDAQ:DXYN)

U.S. stocks traded lower this morning, with the Dow Jones falling more than 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.37% to 33,310.99 while the NASDAQ fell 0.58% to 13,230.96. The S&P 500 also fell, dropping, 0.47% to 4,268.18.

Crude Oil Moves Higher; POINT Biopharma Global Shares Jump - Eli Lilly (NYSE:LLY), ALX Oncology Holdings (NASDAQ:ALXO)

U.S. stocks extended losses toward the end of trading, with the S&P 500 falling around 1.5% on Tuesday. The Dow traded down 1.43% to 32,954.84 while the NASDAQ fell 1.98% to 13,044.24. The S&P 500 also fell, dropping, 1.53% to 4,222.58.

SmileDirectClub To Seek $30M Ch 11 Loan Package

Bankrupt dental treatment service SmileDirectClub Inc. will ask a Texas judge Monday to grant interim approval to a Chapter 11 lending package that will make $30 million of new money loans available to help the company fund its search for a buyer after filing for bankruptcy late Friday with more than $1 billion in debt.

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