U.S. stocks traded lower midway through Monday’s session, with the Dow Jones Industrial Average down 0.16% at 52,486.56, the Nasdaq Composite lower 0.49% at 26,203.84 and the S&P 500 down 0.40% at 7,626.15. Communication services shares rose 2%, while information technology stocks fell 1.5%. Nvidia Corp. was reportedly in talks to invest as much as $10 billion in Anthropic’s upcoming initial public offering as an anchor investor. Elmet Group shares surged 43% after it disclosed plans to use part of a $450 million investment committed by the United States Department of Defense to strengthen the tungsten supply chain and expand U.S. manufacturing. Rum Group gained 15% after a report identified Anthropic as the customer behind its $13.7 billion GPU services contract, while Tyra Biosciences rose 16% after pricing a $400 million underwritten offering of common stock and pre-funded warrants. Corning fell 12% after announcing a $2 billion offering. Q/C Technologies plunged 65% after ending consulting agreements with Chelsea Voss and Ocean Avenue Holdings, an affiliate of Martin Shkreli. Cellectis dropped 41% after announcing a strategic transformation into an in vivo gene-editing company focused on long-lasting treatments for chronic diseases. Oil rose 3% to $102.93, while gold fell 2.1% to $4,317.20, silver declined 2.7% to $63.40 and copper dropped 2.9% to $6.3595. European shares were mostly lower, while Asian markets closed mixed. No major economic reports were scheduled for release that day.