XPEV - Nasdaq Surges Over 1%; XPeng Shares Spike Higher | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.36% to 38,855.72 while the NASDAQ rose 1.43% to 16,200.95. The S&P 500 also rose, gaining, 1.02% to 5,169.49.
Check This Out: Top 4 Tech Stocks That May Collapse In March
Leading and Lagging Sectors
Communication services shares jumped by 3.1% on Monday.
In trading on Monday, utilities shares fell by 0.1%.
Top Headline
Shares of XPeng Inc. (NYSE: XPEV) gained over 5% on Monday on reports the company plans to launch cheaper EV models.
Equities Trading UP
Solidion Technology Inc. (NASDAQ: STI) shares shot up 80% to $3.13 after surging around 34% on Friday. The company, last week, announced the pricing of a $3.85 million private placement.
Shares of Wearable Devices Ltd. (NASDAQ: WLDS) got a boost, surging ...