U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.22% to 52,752.28 while the NASDAQ fell 0.64% to 26,114.25. The S&P 500 also fell, dropping, 0.22% to 7,558.82.
Leading and Lagging Sectors
Energy shares jumped by 2.1% on Monday.
In trading on Monday, information technology stocks fell by 1.1%.
Top Headline
Shares of LogProstyle Inc (NYSE:LGPS) rose sharply on Monday following the release of results for the fiscal year ended March 31.
LogProstyle posted FY earnings of 20 cents per share. The company’s sales rose to $140.00 million from $130.00 million in the year-ago period.
Equities Trading UP
- Twin Vee Powercats Co (NASDAQ:VEEE) shares shot up 140% to $11.57 after the company announced a merger agreement to combine its boating operations with a USFM subsidiary in Greenland.
- Shares of Q32 Bio Inc (NASDAQ:QTTB) got a boost, surging 67% to $18.76 after the company announced 36-week topline results from Part B of the SIGNAL-AA Phase 2a clinical trial.
- Agenus Inc (NASDAQ:AGEN) shares were also up, gaining 62% to $5.42 after the company announced it will raise $85 million to fund its colon cancer drug trial.
Equities Trading DOWN
- BNB Plus Corp (NASDAQ:BNBX) shares dropped 52% to $0.18 after the company announced it received a Nasdaq delisitng notification.
- Shares of YSX Tech Co Ltd (NASDAQ:YSXT) were down 39% to $0.62 after the company reported a year-over-year decrease in FY26 EPS results.
- Jiuzi Holdings Inc (NASDAQ:JZXN) was down, falling 35% to $1.40. Jiuzi Holdings shares jumped 85% on Friday after the company announced that it intends to sign a cooperation agreement with a company specializing in AI intelligent imaging and data platform technologies.
Commodities
In commodity news, oil traded up 3.9% to $74.20 while gold traded down 1% at $4,073.20.
Silver traded down 2.1% to $58.88 on Monday, while copper rose 0.4% to $6.3095.
Euro zone
European shares were mostly lower today. The eurozone’s STOXX 600 declined 0.3%, while Spain’s IBEX 35 Index fell 0.1%. London’s FTSE 100 fell 0.3%, Germany’s DAX fell 0.1%, while France’s CAC 40 slipped 0.1%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Japan’s Nikkei 225 falling 1.92%, Hong Kong’s Hang Seng index rising 0.16%, China’s Shanghai Composite dipping 2.06% and India’s BSE Sensex gaining 0.06%.
Economics
The US monthly budget statement will be released today.
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