VS - US Stocks Open Higher; Dow Jumps 150 Points | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones gaining around 150 points on Monday.
Following the market opening Monday, the Dow traded up 0.46% to 34,736.26 while the NASDAQ rose 0.94% to 13,891.02. The S&P 500, also rose, gaining, 0.68% to 4,488.02.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 1.4% on Monday.
In trading on Monday, health care shares rose by just 0.1%.
Top Headline
Virco Mfg. Corporation (NASDAQ: VIRC) reported better-than-expected second-quarter earnings.
Virco Mfg posted quarterly earnings of 95 cents per share, beating market estimates of 64 cents per share. The company’s quarterly sales came in at $107.32 million versus expectations of $95.22 million.
Equities Trading UP
NovaBay Pharmaceuticals, Inc. (NYSE: NBY) shares shot up 101% to $1.24 after the company granted Biostem Technologies the right to commercialize amniotic tissue allograft, which is intended for use as a protective covering during the repair of ocular surfaces.
Shares of Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) got a boost, shooting 61% to $25.77 after the company's ...