MOR - Nasdaq Edges Higher; Macy's Shares Jump | Benzinga

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 100 points on Monday.

The Dow traded up 0.26% to 36,341.44 while the NASDAQ rose 0.12% to 14,421.98. The S&P 500 also rose, gaining, 0.30% to 4,618.11.

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Leading and Lagging Sectors

Industrials shares rose by 0.8% on Monday.

In trading on Monday, communication services shares fell by 1.5%.

Top Headline

Macy's Inc (NYSE: M) shares jumped more than 20% on Monday following a report suggesting an investor group made a $5.8 billion buyout offer for the company.

Equities Trading UP

Pasithea Therapeutics Corp. (NASDAQ: KTTA) shares shot up 92% to $0.59 after the company announced preclinical results from two in vivo studies evaluating the antitumor efficacy of PAS-004 in NRAS mutation cancer xenograft models.

Shares of ...

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