SNPO - Crude Oil Down 1%; Charles Schwab Sales Top Estimates | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Monday.
The Dow traded up 0.35% to 38,114.61 while the NASDAQ rose 0.07% to 16,187.02. The S&P 500 also rose, gaining, 0.26% to 5,136.94.
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Leading and Lagging Sectors
Health care shares jumped by 0.7% on Friday.
In trading on Friday, real estate shares fell by 1.1%.
Top Headline
Charles Schwab Corporation (NYSE: SCHW) reported better-than-expected first-quarter earnings on Monday.
Charles Schwab reported a first-quarter 2024 adjusted net income decline of 17% Y/Y to $1.469 billion. Adjusted EPS fell 20% Y/Y to 74 cents, which came in line with the consensus. Revenue fell 7% to $4.74 billion, marginally beating the consensus of $4.71 billion.
Equities Trading UP
Soligenix, Inc. (NASDAQ: SNGX) shares shot up 49% to $0.5802 after the company announced that it was granted orphan drug designation to the active ingredient in MarVax for the prevention and post-exposure prophylaxis against MARV ...