Akero Therapeutics completes merger with Novo Nordisk, delists from Nasdaq

On Tuesday, the stock market closed lower, with the Dow and S&P 500 both experiencing declines, while the Nasdaq Composite managed a slight increase of 0.1%. The S&P 500 ended the day down 0.09%, reflecting a reversal from earlier gains as concerns about economic conditions persisted. This downturn follows a mixed performance in recent trading sessions, where optimism had been buoyed by strong earnings from tech companies like Nvidia.

Harrison Global Holdings is facing a trading suspension from Nasdaq due to a compliance shortfall, which raises concerns about its adherence to the exchange's listing standards. This situation reflects ongoing scrutiny of companies listed on Nasdaq and their ability to meet regulatory requirements.

JPMorgan Chase's stock slide contributed to a 0.4% decline in the Dow Jones Industrial Average, as investors await the Federal Reserve's upcoming rate decision. The S&P 500 also fell by 0.1%, while the Nasdaq experienced a slight increase of 0.1%. This downturn reflects ongoing market uncertainty ahead of critical monetary policy announcements.

Chijet Motor has announced its transition to Digital Currency X Technology, accompanied by a new ticker on Nasdaq, marking a significant shift in its business strategy. This move reflects the company's aim to align with emerging trends in digital currency and technology.