VIRI - Dow Gains Over 100 Points; Archer-Daniels-Midland Shares Plunge | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Monday.
The Dow traded up 0.27% to 37,967.81 while the NASDAQ rose 0.31% to 15,358.70. The S&P 500 also rose, gaining, 0.23% to 4,850.71.
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Leading and Lagging Sectors
Industrials shares rose by 0.7% on Monday.
In trading on Monday, utilities shares fell by 0.5%.
Top Headline
Archer-Daniels-Midland Company (NYSE: ADM) placed its CFO on administrative leave and updated its FY23 outlook on Sunday. Also, the company has appointed Ismael Roig as its interim Chief Financial Officer.
The company now expects adjusted EPS of above $6.90 vs. consensus of $7.28.
Equities Trading UP
Sagimet Biosciences Inc. (NASDAQ: SGMT) shares shot up 105% to $13.97 after the company announced denifanstat in the Phase 2b FASCINATE-2 clinical trial achieved statistically significant results on the primary and multiple secondary endpoints.
Shares of Rail Vision Ltd. (NASDAQ: RVSN) got a boost, ...