Top Stock Movers Now: Berkshire Hathaway, Netflix, Newmont, and More

Key Takeaways

Major U.S. equities indexes were mostly lower at midday Monday amid concerns about tariffs and anticipation of this week’s
Federal Reserve decision
on interest rates. The S&P 500 and Nasdaq fell, while the Dow gained.

Berkshire Hathaway (

BRK.A

,

BRK.B

) shares tumbled from an all-time high after legendary investor
Warren Buffett
said over the weekend that he would be
stepping down as CEO
at the end of the year.

Shares of Netflix (

NFLX

) also slid after President Trump
announced a 100% tariff
on movies made outside the U.S.

Tyson Foods (

TSN

) shares sank as the meat producer missed sales estimates and its outlook disappointed.

EQT (

EQT

) shares gained on an upgrade and price target increase from UBS, which pointed to the strong performance and outlook for the natural gas provider.

Shares of Newmont (

NEM

) and other gold miners climbed as the price of the precious metal, long viewed as a
safe haven
asset, rose.

Skechers (

SKX

) shares soared as the shoe maker
agreed to be taken private
by investment firm 3G Capital for about $9.4 billion.

Oil futures tumbled. The yield on the 10-year Treasury note advanced. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded lower.

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