Dow Jumps Over 300 Points; Chicago Fed National Activity Index Rises In February

Benzinga
03-24

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Monday.

Following the market opening Monday, the Dow traded up 0.82% to 42,331.37 while the NASDAQ climbed 1.49% to 18,049.82. The S&P 500 also rose, gaining, 1.07% to 5,728.47.

Check This Out: Top 3 Risk Off Stocks That May Explode This Month

Leading and Lagging SectorsConsumer discretionary shares jumped by 2.2% on Monday.

In trading on Monday, health care shares gained by just 0.1%.

Top Headline

The Chicago Fed National Activity Index rose to 0.18 in February versus a reading of -0.08 in January.

Equities Trading UP                       

  • Integrated Media Technology Limited (NASDAQ:IMTE) shares shot up 94% to $1.3699 after dipping over 42% on Friday.
  • Shares of TEN Holdings, Inc. (NASDAQ:XHLD)got a boost, surging 66% to $2.33 after announcing the Company’s ability to add conversational AI solutions to its service offering through a new partnership announced by V-Cube Inc.
  • Treasure Global Inc. (NASDAQ:TGL) shares were also up, gaining 50% to $0.1652 after the company announced a strategic initiative to develop and deploy an advanced artificial intelligent cloud infrastructure in Malaysia.

Equities Trading DOWN

  • WANG & LEE GROUP, Inc. (NASDAQ:WLGS) shares dropped 84% to $0.8107 after the company announced the pricing of $12.0 million registered direct offering.
  • Shares of 23andMe Holding Co. (NASDAQ:ME) were down 46% to $0.96 after the company announced it has initiated voluntary Chapter 11 bankruptcy to pursue a strategic sale and secured $35M in DIP financing.
  • Unity Biotechnology, Inc. (NASDAQ:UBX) was down, falling 29% to $1.2999 after the company reported topline results from the ASPIRE Phase 2b study in diabetic macular edema.

CommoditiesIn commodity news, oil traded up 0.1% to $68.30 while gold traded up 0.4% at $3,032.20.

Silver traded up 0.6% to $33.675 on Monday, while copper rose 0.8% to $5.1560.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.3%, Germany's DAX 40 fell 0.3% and France's CAC 40 fell 0.5%. Spain's IBEX 35 Index fell 0.3%, while London's FTSE 100 slipped 0.2%.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan's Nikkei 225 falling 0.18%, China's Shanghai Composite Index rising 0.15%, Hong Kong's Hang Seng Index gaining 0.91% and India's BSE Sensex gaining 1.40%.

Economics

The Chicago Fed National Activity Index rose to 0.18 in February versus a reading of -0.08 in January.

Now Read This:

  • Wall Street’s Most Accurate Analysts Give Their Take On 3 Health Care Stocks Delivering High-Dividend Yields

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10