U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.32% to 43,958.43 while the NASDAQ gained 0.23% to 20,319.78. The S&P 500 also rose, gaining, 0.20% to 6,185.68.
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Leading and Lagging Sectors
Financials shares jumped by 0.6% on Monday.
In trading on Monday, utilities stocks fell by 0.5%.
Top Headline
The Chicago PMI fell to 40.4 for June from 40.5 in May, and compared to market estimates of 42.7.
Equities Trading UP
- Bitmine Immersion Technologies, Inc. (NASDAQ:BMNR) shares shot up 315% to $17.22 after the company announced a $250 million private placement to launch an Ethereum treasury strategy.
- Shares of Artelo Biosciences, Inc. (NASDAQ:ARTL) got a boost, surging 183% to $19.21 after the company announced data from its first-in-human study for ART26.12.
- Professional Diversity Network, Inc. (NASDAQ:IPDN) shares were also up, gaining 139% to $4.18 after gaining 12% on Friday.
Equities Trading DOWN
- JVSPAC Acquisition Corp. (NASDAQ:JVSA) shares dropped 65% to $3.75. Hotel101 Global received an approval to list on NASDAQ under "HBNB".
- Shares of INmune Bio, Inc. (NASDAQ:INMB) were down 61% to $2.08 after the company announced its Phase 2 MINDFuL trial did not meet its primary cognitive endpoint.
- Dogness (International) Corporation (NASDAQ:DOGZ) was down, falling 56% to $12.68.
Commodities
In commodity news, oil traded down 0.6% to $65.15 while gold traded up 0.2% at $3,295.40.
Silver traded down 0.5% to $36.195 on Monday, while copper fell 1.1% to $5.0685.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.4%, while Spain's IBEX 35 Index slipped 0.1%. London's FTSE 100 fell 0.3%, Germany's DAX 40 declined 0.6% and France's CAC 40 slipped 0.3% during the session.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Japan's Nikkei gaining 0.84%, Hong Kong's Hang Seng Index falling 0.87%, China's Shanghai Composite gaining 0.59% and India's BSE Sensex falling 0.54%.
Economics
The Chicago PMI fell to 40.4 for June from 40.5 in May, and compared to market estimates of 42.7.
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