REVB - US Stocks Edge Higher; Amazon And iRobot Agree To Terminate Acquisition Deal | Benzinga
U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 25 points on Monday.
Following the market opening Monday, The Dow traded up 0.07% to 38,134.80 while the NASDAQ rose 0.04% to 15,461.42. The S&P 500 also fell, dropping, 0.04% to 4,893.17.
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Leading and Lagging Sectors
Consumer discretionary shares rose by 0.2% on Monday.
In trading on Monday, communication services shares fell by 0.3%.
Top Headline
Amazon.Com Inc (NASDAQ: AMZN) and iRobot Corp (NASDAQ: IRBT) mutually agreed to terminate their $1.7 billion merger deal.
This deal would have allowed Amazon to invest in continued innovation by iRobot and support iRobot in lowering prices on product customers.
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