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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite moving higher on Monday.
The Dow traded down 0.12% to 39,329.47 while the NASDAQ rose 0.27% to 18,401.75. The S&P 500 also rose, gaining, 0.09% to 5,572.23.
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Leading and Lagging Sectors
Information technology shares jumped by 0.6% on Monday.
In trading on Monday, communication services shares fell by 0.9%.
Top Headline
Eli Lilly And Co (NYSE:LLY) agreed to acquire Morphic Holding Inc (NASDAQ:MORF) for $57 per share in cash, an aggregate of approximately $3.2 billion.
Equities Trading UP
- Morphic Holding, Inc. (NASDAQ:MORF) shares shot up 75% to $55.85 after Eli Lilly agreed to buy the company for $57 per share in cash.
- Shares of Myomo, Inc. (NYSE:MYO) got a boost, surging 32% to $3.7872. after the company issued preliminary second-quarter revenue guidance above estimates.
- SRIVARU ...