NVCR - Crude Oil Rises; GD Culture Group Shares Spike Higher | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining over 150 points on Monday.
The Dow traded up 0.46% to 34,505.54 while the NASDAQ rose 0.43% to 13,649.27. The S&P 500, also rose, gaining, 0.31% to 4,419.35.
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Leading and Lagging Sectors
Materials shares jumped by 1% on Monday.
In trading on Monday, utilities shares rose by just 0.03%.
Top Headline
Hersha Hospitality Trust (NYSE: HT) announced a merger with KSL Capital Partners LLC, an investor in travel and leisure businesses.
Equities Trading UP
Hawaiian Electric Industries, Inc. (NYSE: HE) shares shot up 35% to $13.09 after the company released an in-depth response to the lawsuit recently filed by the County of Maui surrounding the tragic fires on August 8.
Shares of GD Culture Group Limited (NASDAQ: GDC) got a boost, shooting 64% to $4.1726 after it announced the launch of live-streaming e-commerce business on TikTok, a popular social media platform.
Hersha Hospitality Trust (NYSE: HT) shares were also up, gaining 56% to $9.81 after it announced a merger with ...