Dow Falls Over 150 Points; Tyson Foods Posts Upbeat Earnings

by | May 4, 2026 | General

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 150 points on Monday.

Following the market opening Monday, the Dow traded down 0.36% to 49,321.96 while the NASDAQ slipped 0.02% to 25,109.76. The S&P 500 also fell, dropping, 0.09% to 7,223.30.

Leading and Lagging Sectors

Consumer discretionary shares jumped by 0.4% on Monday.

In trading on Monday, energy stocks fell by 1%.

Top Headline

Tyson Foods (NYSE:TSN) posted better-than-expected earnings for the second quarter on Monday.

The company posted adjusted EPS of 87 cents, beating market estimates of 78 cents. The company’s sales came in at $13.653 billion versus expectations of $13.611 billion.

Equities Trading UP
           

  • CNS Pharmaceuticals Inc (NASDAQ:CNSP) shares shot up 319% to $9.69 after the company announced a $22.5 million private placement of 650,000 shares at $2.30 per share and warrants.
  • Shares of Skycorp Solar Group Ltd (NASDAQ:PN) got a boost, surging 83% to $5.25 after the company announced it acquired the remaining stake in Nanjin Cesun Power.
  • Global Business Travel Group Inc (NYSE:GBTG) shares were also up, gaining 57% to $9.30 after the company reported better-than-expected first-quarter financial results.

Equities Trading DOWN

  • Xanadu Quantum Technologies (NASDAQ:XNDU) shares dropped 65% to $12.54. Xanadu will report first quarter financial results on May 14.
  • Shares of Origin Materials Inc (NASDAQ:ORGN) were down 49% to $1.35 after the company announced it is selling its PET cap technology and an orderly wind down of operations. The company is reducing its workforce.
  • 22nd Century Group Inc (NASDAQ:XXII) was down, falling 40% to $0.82 after the company announced it filed a prospectus to sell up to $6.4 million shares under a sales agreement.

Commodities

In commodity news, oil traded up 0.3% to $102.26 while gold traded down 1.3% at $4,584.50.

Silver traded down 2.7% to $74.375 on Monday, while copper fell 1.1% to $5.9160.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 fell 0.4%, while Spain’s IBEX 35 Index fell 1.6%. Germany’s DAX fell 0.2%, while France’s CAC 40 dipped 0.9%.

Asia Pacific Markets

Asian markets closed higher on Monday, with Hong Kong’s Hang Seng Index gaining 1.24% and India’s BSE Sensex rising 0.4%

Economics

U.S. light vehicle sales fell to an annual rate of 15.9 million units in April, from 16.3 million in the previous month.

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