NVCR - Dow Gains Over 100 Points; Hawaiian Electric Shares Surge | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 100 points on Monday.
The Dow traded up 0.42% to 34,490.80 while the NASDAQ rose 0.62% to 13,674.49. The S&P 500, also rose, gaining, 0.42% to 4,424.26.
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Leading and Lagging Sectors
Real estate shares jumped by 0.9% on Monday.
In trading on Monday, consumer discretionary shares fell by 0.2%.
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 40% to $13.52 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 43% to $3.64 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 ...