WKSP - Dow Jumps Over 100 Points; US Housing Market Index Surges In March | Benzinga
U.S. stocks traded higher midway through trading, with the S&P 500 index gaining around 1% on Monday.
The Dow traded up 0.37% to 38,859.32 while the NASDAQ rose 1.61% to 16,231.11. The S&P 500 also rose, gaining, 1.05% to 5,171.00.
Check This Out: Top 4 Tech Stocks That May Collapse In March
Leading and Lagging Sectors
Communication services shares jumped by 3.6% on Monday.
In trading on Monday, health care shares rose by just 0.2%.
Top Headline
The NAHB/Wells Fargo Housing Market Index rose to 51 in March, notching the highest reading in eight months, versus a reading of 48 in February and beating market estimates of 48.
Equities Trading UP
Canoo Inc. (NASDAQ: GOEV) shares shot up 53% to $2.98 after the US Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone.
Shares of Wearable Devices Ltd. (NASDAQ: WLDS) got a boost, surging 29% to $0.5750. Wearable Devices published a report by its XR ...