Toward the end of trading Monday, the Dow traded down 0.12 percent to 26380.81 while the NASDAQ declined 0.13 percent to 7,973.83. The S&P also fell, dropping 0.09 percent to 2,904.83.
Monday afternoon, the consumer staples shares rose 0.7 percent. Meanwhile, top gainers in the sector included Dean Foods Company (NYSE: DF) up 8 percent, and Seneca Foods Corporation (NASDAQ: SENEB) up 10 percent.
In trading on Monday, financial shares fell 0.8 percent.
Goldman Sachs Group Inc (NYSE: GS) reported mixed results for its first quarter on Monday.
Electronics for Imaging, Inc. (NASDAQ: EFII) shares got a boost, shooting up 29 percent to $37.87 after the company agreed to be acquired by an affiliate of Siris Capital Group, LLC in all-cash transaction valued at approximately $1.7 billion.
Shares of Fibrocell Science, Inc. (NASDAQ: FCSC) shot up 45 percent to $2.5785 after the company disclosed an agreement with Castle Creek Pharmaceuticals to develop and commercialize FCX-007. Fibrocell will receive a $30M upfront payment.
Vectrus, Inc. (NYSE: VEC) shares were also up, gaining 31 percent to $38.94 after the company won a military contract and reaffirmed its 2019 guidance.
Reebonz Holding Limited (NASDAQ: RBZ) shares dropped 55 percent to $5.15 after the company priced a $10.8 million offering at $5 for a share and warrant.
Shares of Achaogen, Inc. (NASDAQ: AKAO) were down 69 percent to $0.1541 after the company filed for chapter 11 bankruptcy protection.
China Recycling Energy Corporation (NASDAQ: CREG) was down, falling around 31 percent to $0.6501 after the company reported 2018 sales fell 25% year-over-year and announced a 2.36 million share offering.
In commodity news, oil traded down 0.7 percent to $63.47 while gold traded down 0.3 percent to $1,291.10.
Silver traded down 0.2 percent Monday to $14.935, while copper fell 0.5 percent to $2.9325.
European shares closed mostly higher today. The eurozone’s STOXX 600 gained 0.15 percent, the Spanish Ibex Index rose 0.3 percent, while Italy’s FTSE MIB Index rose 0.16 percent. Meanwhile the German DAX climbed 0.17 percent, and the French CAC 40 gained 0.11 percent while U.K. shares fell 0.01 percent.